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$GPS provided an update on the strategies outlined on May 9 to better position the company for improved business performance and to build for the future. Old Navy will strategically shift its focus to markets most favorable to the brand's growth, resulting in the closure of its fleet of 53 stores in Japan in FY16.
$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.