Rex Tillerson is out as Secretary of State and CIA director Mike Pompeo is in. President Trump made the announcement in a tweet on Tuesday morning just minutes after a report in the Washington Post was published. Tillerson disagreed with the White House on a number of issues such as the Iran nuclear deal and the best approach to talks with North Korea. Gina Haspel will became the new CIA director once Pompeo becomes Secretary of State. She is the first woman to ever serve in this role.
Meanwhile, President Trump issued an executive order blocking Broadcom's hostile takeover bid for rival chipmaker Qualcomm. Trump cited national security concerns as the reason for interfering with the acquisition. Many experts speculate this is part of growing concerns over China's influence in mobile technology. Qualcomm is the largest mobile chipmaker in the U.S. Broadcom is currently based in Singapore but is moving its headquarters back to the states next month.
Olympic gold medalist and author Scott Hamilton joins us to talk about his figure skating career and his new book. In his book, "Finish First," Hamilton talks about how winning and losing has shaped him as a person. He also opens up about his numerous health struggles in the past few decades. Hamilton is a cancer survivor and is currently living with a brain tumor.
Plus, Kristen Scholer sits down with Brooklyn Decker and Whitney Casey at SXSW to talk about their start-up Finery. The two recently secured $5 million in seed funding for the online wardrobe company. Decker and Casey discuss the future of artificial intelligence and how the technology could potentially play a role in their company soon.
The pandemic yielded government financial support and (eventually) a surprisingly strong job market — but racial wealth disparities grew. Why is it so difficult to close the wealth gap?
Plenty of retailers and suppliers are reducing the variety of their offerings to focus instead on what they think will sell best. Many businesses have decided less is better, justifying their limited selection by asserting shoppers don’t want so much choice.
Joe Pompliano, author of the Huddle Up newsletter, breaks down the biggest moments from Super Bowl LVIII, from potentially record-breaking viewership to Taylor Swift’s highly anticipated appearance.
David Wright, President and owner of Wright Financial Group, shares his thoughts on why the Federal Reserve seems hesitant to cut rates, and why regional bank stocks could help move the needle.
Disney and Fortnite-maker Epic Games will collab on making new video games with Disney characters. Hopefully it will be more than Mickey Mouse hitting the Griddy.
Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs, leading to increased prices for chocolate. The company anticipates its full-year earnings per share being relatively flat, partly due to higher cocoa and sugar costs.
Prince Harry has reached an out-of-court settlement with a tabloid newspaper publisher that invaded his privacy with phone hacking and other illegal snooping. Attorney David Sherborne said that Mirror Group Newspapers had agreed to pay Harry’ “substantial” costs and damages.
An attorney representing passengers of an Alaska Airlines flight that lost a door plug in midair says a “whistling sound” was heard on a previous flight of the same Boeing 737 Max 9.
