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$DKS said it bought TSA's intellectual property and the right to acquire 31 store leases in 2Q16. The leases are mainly located in new and under-penetrated markets, including California and South Florida. The company's plan is to convert any TSA location it retains into a Dick's store and expects to reopen these new stores over the next 12 months.
$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.