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Jade Rahmani of KBW asks $LEN if in Rialto, the company is seeing demand from institutional investors to participate in risk retention funds. CEO Stuart Miller said the Rialto business is well crafted to participate in the ultra-regulatory environment and Rialto is well-positioned to benefit from these trends over time.
$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.