Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
Xerox (XRX) is in talks with Japanese camera maker Fujifilm. According to the Wall Street Journal, Fujifilm would not fully takeover the copier company, but there would be leadership changes at Xerox. Activist investor Carl Icahn, who owns nearly 10% of Xerox, has said the company needs a shakeup in order to boost revenue and launch new products.
We now know why Toyota (TM) and Mazda decided to open up shop in Alabama. The state offered a tax incentive package of more than $370M to the Japanese automakers. Included in the deal are tax credits of up to 1.5% over the next 10 years and an annual cash rebate of up to 3%.
Ford (F) says it will make automatic emergency brakes standard on two key 2019 models. Emergency brakes are already installed in 56% to Toyota’s 2017 fleet and 30% of Honda’s fleet. Overall, 20 carmakers have agreed to equip virtually all their vehicles with the tech by 2022.
Didi Chuxing is driving on to Uber’s turf south of the border. Uber’s Chinese ride-hailing rival is advertising for jobs in Mexico. Uber recently doubled down on its efforts in Mexico to create a stronghold after Didi drove it out of China in 2016.