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Seth Sigman of Credit Suisse asks about the complexion of the remaining $250MM of renewable savings. $BBY CFO Sharon McCollam said that from a identification standpoint, the company had a robust lift of actions. The company will be revealing those over time. As the plans are developed and become more crystallized, $BBY will be communicating that.
$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.