Tuesday, August 4, 2020

Ford CEO Jim Hackett to retire and be replaced by COO Jim Farley

Ford CEO Jim Hackett is retiring in October, the company announced Tuesday. The automaker's chief operating officer, Jim Farley, will take over as president and CEO.
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Ford CEO Jim Hackett to retire and be replaced by COO Jim Farley
Ford CEO Jim Hackett is retiring in October, the company announced Tuesday. The automaker's chief operating officer, Jim Farley, will take over as president and CEO. Read more »
 
The Fortune 500 now has a record number of female CEOS: A whopping 38
Clorox just named Linda Rendle as its new chief executive, bringing the number of women CEOs on the Fortune 500 list to 38 — a new record that underscores the slow pace of change at the highest levels of business. Read more »
 
Black-owned companies are shutting down twice as fast as other businesses
Black-owned businesses have been hit substantially harder by the coronavirus pandemic than companies overall, according to the Federal Reserve Bank of New York. Read more »
 
Booking.com aims to lay off 25% of its workforce
Booking Holdings plans to lay off 25% of its global workforce as a result of the downturn in travel demand caused by Covid-19. Read more »
 
Argentina strikes deal with major creditors to restructure $65 billion in debt
Argentina has struck a deal with its major creditors to restructure roughly $65 billion in sovereign debt, a hopeful sign for a country that now faces a brutal coronavirus-related recession on top of longstanding economic problems. Read more »
 
Trump's actual goal is to ban TikTok, ByteDance CEO says
The Trump administration wants to ban TikTok, the CEO of the popular app's parent company wrote in a memo to employees Tuesday. Read more »
 
 
 
 
Dow Nasdaq S&P
+164.07   +38.37   +11.90
26,828.47   10,941.17   3,306.51
+0.62%   +0.35%   +0.36%
YTD -5.99%   YTD +21.94%   YTD +2.34%
 
Biggest Winners
Mosaic Co +13.52%
 
Williams Companies Inc +8.22%
 
Vornado Realty Trust +5.91%
 
Host Hotels & Resorts Inc +5.82%
Biggest Losers
Evergy Inc -11.61%
 
American International Group Inc -7.53%
 
Leidos Holdings Inc -6.13%
 
Eastman Chemical Co -5.44%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $41.53 -0.17 / -0.41%
Gold $2,034.10 +13.10 / +0.65%
10-yr 0.52% -0.05
Euro $1.18 +0.00 / +0.35%
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