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Automaker $GM said it and its JV delivered a July record 270,529 vehicles in China, taking deliveries for 2016 past 2MM vehicles. July deliveries advanced 18% YoverY, with the Buick, Cadillac and Baojun brands reaching all-time highs for the month.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.