Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
Express (EXPR) just reported a big beat on earnings and revenue in the first quarter. A 33% jump in online orders led the way, and was responsible for nearly a third of the chain’s net sales.
General Motors (GM) is getting some extra fuel for its self-driving car projects. SoftBank is investing $2.25B in GM’s autonomous vehicle technology arm. The automaker says it also plans to add $1.1B of its own money to the project. A new self-driving Cruise is expected to hit the road in 2019, as part of a driverless taxi service.
From foes to friends: Google’s (GOOG) Waymo is now in talks with Uber, about a possible partnership. Uber’s CEO says discussions are underway about using some Waymo technology in Uber’s ride-hailing app. Back in February, Uber paid $245M to settle a legal dispute with Waymo over trade secrets. Uber’s chief executive also says they’re still on track for a 2019 IPO.
Southwest Airlines (LUV) is apologizing after a racially charged incident. The University of California women’s basketball coach, Lindsay Gottlieb, says an airline employee stopped her from boarding with her biracial son, because the worker didn’t believe the boy was hers. Southwest says it’s reached out to Gottlieb directly, and will use the incident as a teachable moment for its workers.
