Jeff Bezos' heir apparent is leaving Amazon

Jeff Wilke, a veteran Amazon executive and top lieutenant to its chief Jeff Bezos, is retiring from the company early next year, Amazon announced Friday.

News: What you need to know about the markets     Jeff Bezos' heir apparent is leaving Amazon Jeff Wilke, a veteran Amazon executive and top lieutenant to its chief Jeff Bezos, is retiring from the company early next year, Amazon announced Friday. Read more »   Former Fed officials slam Trump's central bank pick and urge Senate to reject her nomination More than 40 former Federal Reserve officials blasted President Donald Trump's nominee for a key central bank position, calling her views "extreme and ill-considered," and urging the Senate to reject her nomination. Read more »   No country is safe from the Covid-19 economic threat As Covid-19 cases spiked across the Sun Belt in the United States this summer, American investors looked wistfully abroad, where governments had been more effective in containing the virus and countries seemed set for a stronger economic comeback. Read more »   Larry Culp already saved GE. He'll make $230 million if he can revitalize the company General Electric is giving Larry Culp more than 200 million reasons to stay and finish the job of turning around the storied conglomerate getting rocked by the pandemic. Read more »   Massachusetts has the highest unemployment rate in the country The United States is rebounding from the worst shock job market shock since the Great Depression, but the recovery isn't spread evenly across the country. Massachusetts remained the state with the highest unemployment rate — 16.1% — and three states set new record highs in July, the Bureau of Labor Statistics said Friday. Read more »   Tesla has soared 50% since announcing its stock split -- last week Tesla is preparing to split its stock, making it more affordable for average investors. It may need to do another one pretty soon if its shares keep surging. Read more »

Dow Nasdaq S&P +190.60   +46.85   +11.65 27,930.33   11,311.80   3,397.16 +0.69%   +0.42%   +0.34% YTD -2.13%   YTD +26.07%   YTD +5.15%

Biggest Winners Estee Lauder Companies Inc +4.41%   Deere & Co +4.40%   D.R. Horton Inc +3.18%   Lennar Corp +3.15% Biggest Losers Keysight Technologies Inc -6.75%   Marathon Oil Corp -4.36%   Nielsen Holdings PLC -3.50%   TechnipFMC PLC -3.24%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $42.29 -0.05 / -0.12% Gold $1,945.80 -1.20 / -0.06% 10-yr 0.64% -0.00 Euro $1.18 -0.01 / -0.62%

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