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Office supply chain store $SPLS and $ODP's Board of Directors intend to extend the merger agreement date to combine into one company to May 16, 2016. This extension helps in completing the ongoing federal district court litigation with the FTC. The companies expect to execute the merger extension agreement once financing terms are finalized.
$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.