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Mark Swartzberg of Stifel, Nicolaus asks about Brazil & Mexico outlook. $PEP said Brazil is going through a tough time politically and socially. But the $PEP team is doing a good job there. Mexico is doing well and the country is one of the brightest stars in the whole Latin American economies. So the company feels good about the Mexico business.
$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.