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$HOG said starting in 1Q16 and throughout 2016, the company plans to invest an incremental $70MM to drive demand. $HOG expects its 2016 YoverY investment in customer-facing marketing to be up 65% and product development investment to be up 35%.
$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.