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As of Sept. 30, 2015, $SO's current liabilities exceeded current assets by $3.4Bil, primarily due to long-term debt that is due within one year, including approx. $0.5Bil at $SO and remaining at its subsidiaries. In addition, Mississippi Power has $0.5Bil in short-term bank loans scheduled to mature on April 1, 2016.
$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.