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$JW.A $JW.B said its 1Q17 revenue in Education decreased 14% on a constant currency basis to $73.8MM, as declines in Books of 28% and Custom Material of 15% offset growth in Online Program Management of 13%. The drop in textbooks and other course materials reflects continued weakness in textbook demand and further share gain in textbook rental.
$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.