Before the markets closed today, Trump signed steel and aluminum import tariff proclamations. Art Hogan is the Chief Market Strategist for B. Riley FBR and Wunderlich Securities. He joins to give his reaction to the new tariffs.
Maxine Williams, Chief Global Diversity Officer at Facebook, discusses what the social network is doing to celebrate International Women's Day in 2018. Last year, International Women's Day was the number one most discussed event on Facebook.
IBM is not only currently led by the company's first female CEO, but some of the hottest industry sectors within the company are also led by women.
Eileen Lowry is the Global Program Director for IBM Blockchain and Rachel Liddell is the Manager of Watson Client Relations. The two are proud to be leading in industries that are typically regarded as male-dominated.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
