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$EL 4Q15 Call: Our China business grew 6%, with every one of our 14 brands there posting gains. We now had presence in nearly 100 cities, and added 18 new cities during the year. We continue to expand our digital presence in China, further penetrating largest market for ecommerce in the world. Our e-Commerce sales in China were more than doubled.
$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.