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Paul Trussell of Deutsche Bank probes about SG&A. $JWN CFO Michael Koppel said the company has not broken that out by quarter or specifically by line item. He added that the company has already begun to see the impacts of the things that it is talking about. $JWN expects the impacts of those elements to continue to improve as the year progresses.
$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.