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$M said that its comparable sales on an owned plus licensed basis declined by 4.7% in the months of Nov. and Dec. 2015 combined, compared with the same period last year. On an owned basis, comparable sales declined by 5.2% in the combined Nov./Dec. period.
$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.