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Payment services company $MA said that on the Sainsbury's Supermarkets case the UK Competition Appeal Tribunal has ruled about $90MM in favor of Sainsbury's. As a result, company expects to take a pretax charge of about $90MM as special item in 2Q16 financial results.
$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.