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Unfavorable foreign currency translation reduced $PPG's sales by 8% in 3Q15. Based on the current foreign currency exchange rate, $PPG expects the unfavorable foreign currency translation impacts to moderate somewhat in 4Q15. However, currency translation is expected to reduce full year 2015 sales by about $1.1Bil.
$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.