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Greg Williams of Cowen & Co. asks about contract terminations. $FTR said the costs associated with some of the contracts were effectively breakeven in nature. Some of the other contractual revenue related to the network architecture did improve. $FTR was able to drive better EBITDA through these strategic cost-cutting measures.
$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.