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Rental and leasing services provider $URI said that the drag from the Canadian business was significant in 1Q16. The company said that it is reducing fleet in weak markets, particularly in western provinces. $URI expects that change in the relative value and strength of the American dollar would affect the results from Canada.
$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.