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At the end of Dec. 31, 2015, $NRG has a domestic tax receivable of $42MM, of which $13MM relates to federal cash grants applied for eligible solar energy projects, net of sequestration. The remaining balance of $29MM is primarily related to current tax refunds due from the New York State Empire Zone program generated in years 2010 through 2014.
$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.