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Marc Goodman of UBS asks for an update on China. Essential Health President John Young replied that China continues to perform well even in the face of some anticipated cost pressures and $PFE's business grew about 11% in 2Q16. He added that the franchisees that are growing strongly in China include the cardiovascular and anti-infective portfolios.
$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.