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The Securities and Exchange Commission said $BAC's unit Merrill Lynch will pay $10MM penalty for misleading retail investors in structured notes. The SEC said Merrill Lynch misled statements in offering materials provided to retail investors for structured notes linked to a proprietary volatility index.
$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.