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In August 2015, $FLR entered into an agreement to form COOEC Fluor Heavy Industries Co., Ltd. (CFHI), a JV with $FLR having a 49% ownership interest and Offshore Oil Engineering Co., Ltd.having a 51% ownership interest. Through CFHI, the two companies will own, operate and manage the Zhuhai Fabrication Yard in China's Guangdong province.
$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.