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Matt Fassler of Goldman Sachs asks about the weakness in the Other International market. $COST said it is seeing some cannibalization in some countries such as Korea, Taiwan and Australia. Some stores got off to a slow start but they are growing well now.
$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.