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$DAL said in 2Q16, total merchandising revenues increased more than $40MM or 13% YoverY. The company's partnership with American Express produced $90MM of incremental value in 2Q16 and $DAL expects over $300MM for the year. Domestically, $DAL's unit revenues declined 6% on a 5% capacity growth for the quarter.
$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.