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During 1Q16, $AXP said it continued to focus on its key initiatives to accelerate growth and optimize investments. The company said it expects to incur an additional charge or charges in future quarters that, in the aggregate, will likely be significant as it continue its cost reduction efforts.
$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.