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$MAR's North American Full-Service properties 1Q16 segment profit grew 27%, mainly due to higher owned, leased, and other revenue. North American Limited-Service properties segment profit rose 3%, mainly due to lower G&A and other expenses. International properties segment profit fell 3%, mainly due to lower owned, leased, and other revenue.
$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.