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Philadelphia Fed Survey: The Manufacturing Business Outlook Survey suggests a continuation of modest expansion of region’s manufacturing sector. Indicators for general activity and new orders and shipments remain positive. Price pressures for inputs are subdued and a strong majority of firms reported steady prices received.
$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.