GM's first female CFO resigns, heads to Stripe
DETROIT — General Motors’ first female chief financial officer, Dhivya Suryadevara, has resigned from the company after two years in the role to pursue a job outside the auto industry.GM said John Stapleton, the company’s North America chief financial officer, will serve as acting global chief financial officer, effective Aug. 15.Suryadevara has joined Stripe, a global online payments company based in San Francisco, as its new CFO, Stripe said in a news release Tuesday. She will play a crucial role in enabling the company’s “aggressive growth while maintaining the highest standards in discipli...
Detroit Free Press
Fiat Chrysler blasts GM's attempt to revive racketeering lawsuit, calls it 'despicable'
Fiat Chrysler Automobiles pushed back Monday against General Motors’ attempt to revive its racketeering lawsuit, two days after FCA’s former lead labor negotiator, convicted in the UAW corruption scandal, compared GM’s tactics to those of disgraced Sen. Joe McCarthy’s anti-communist witch hunts.The legal drama pitting the two automakers against one another is now in its ninth month despite U.S. District Court Judge Paul Borman’s dismissal of the case in July. Perhaps instructive was a new order Monday from Borman noting that he is not seeking another reply from GM.GM had ratcheted up the alleg...
Detroit Free Press
Royal Caribbean floats testing passengers for COVID-19 when cruising resumes
For likely the first time in Royal Caribbean Group’s 52-year history, the company has gone nearly four months without a passenger cruise. It’s no surprise then, that the company’s second quarter earnings were the worst on record as the COVID-19 pandemic keeps the industry largely paralyzed.In a financial filing Monday, Royal Caribbean Group reported an adjusted net loss of $1.3 billion, or $6.13 per share, for the second quarter, compared to an adjusted net income of $532.7 million, or $2.54 per share, in the prior year. The company estimates its monthly cash burn to be between $250 million an...
Florida's COVID-19 case count is lowest since June
FORT LAUDERDALE, Fla. — Florida reported the lowest number of new COVID-19 cases since June 23.With 4,247 new cases reported Monday, the count is less than half of the new infections only two weeks ago on July 27.A positive trend also is evident in people who need emergency care. Emergency department visits for COVID-19-like illness also declined from just two weeks ago with about 3,200 fewer visits.The coronavirus pandemic still has its grips on the state, where 8,408 people have died from the disease. Monday’s report showed 91 more Florida resident deaths and two non-Florida resident deaths....
Evidence is growing, but what will it take to prove masks slow the spread of COVID-19?
To definitively answer the question of whether face masks protect against the novel coronavirus, here’s what you’d need to do:— Recruit thousands of volunteers.— Randomly divide them into two groups.— Assign one group to always wear masks outside of the house, and one group to never wear masks.— Wait a few months, see who gets infected — then try to sort out all possible confounding variables, such as compliance, mask fit and social distancing.A study like that would be not only tough to pull off, but unethical, especially in the midst of a pandemic. It also wouldn’t be able to determine commu...
The Seattle Times
Mark Zeigler: Trump likes golf but he won't like the PGA leader's hat
SAN FRANCISCO — The morning after President Donald Trump, an avid golfer, signed an executive order banning the popular Chinese app WeChat because it “continues to threaten the national security, foreign policy, and economy of the United States,” an unassuming, affable Chinese man shot a bogey-free 65 to lead the PGA Championship at the tournament’s midpoint … while strolling down the fairways of TPC Harding Park wearing a white hat with WeChat in bright, green lettering across the front.You can’t make this stuff up.Trump already says he won’t watch football and other pro sports if players kne...
The San Diego Union-Tribune
Those who know Derek Chauvin say they would not have predicted his killing of George Floyd
MINNEAPOLIS — The world met Derek Chauvin, staring ahead impassively with his knee on George Floyd’s neck, through a bystander’s cellphone video shot as sunlight waned on Memorial Day in south Minneapolis.Yet in the nearly two decades before Floyd’s death prompted worldwide outrage, Chauvin was a face in the crowd, patrolling the streets during night shifts in the city’s busy Third Precinct. Now charged with murder and manslaughter in Floyd’s killing, the 44-year-old fired Minneapolis police officer remains an enigma to colleagues and neighbors, and at least one family member who described bei...
Star Tribune (Minneapolis)
NC businessman has record of success, but he's drawing fire as new postmaster general
CHARLOTTE, N.C. — Louis DeJoy has hosted presidents, built a nationwide business and donated millions to politicians and philanthropies.But he’s never drawn the attention he has since becoming the nation’s postmaster general in June.Critics say the Greensboro businessman already has launched policies that have slowed mail service. They worry that as a major donor to President Donald Trump, he’ll delay delivery of what’s expected to be a flood of absentee ballots that could decide the presidential election.“DeJoy has engineered an unconstitutional assault on our Postal Service from within the o...
The Charlotte Observer
Americans are more likely to report mental health concerns related to the pandemic than other developed countries, survey finds
As the United States works to stop rising coronavirus case numbers, behavioral health professionals warn that mental health will continue to deteriorate as a result of the pandemic.Between March and May, one-third of Americans reported experiencing stress, anxiety and sadness that was difficult to cope with by themselves, according to a survey published this week by the Commonwealth Fund, a foundation focused on promoting a high performing health care system, and Social Science Research Solutions, a market and survey research firm. The survey, which interviewed 8,259 adults in the U.S. and abr...
The Philadelphia Inquirer
The cure to doomscrolling blues? Chicago professor's #SomethingBeautiful hashtag strikes a COVID-19 chord worldwide.
CHICAGO — The bleakness of the COVID-19 pandemic recalls another time when social media sites like Twitter were overflowing with contention — the 2016 presidential election. Back then, Ada Palmer, a University of Chicago associate professor of history, wanted to do something about it, she said.“I noticed how much Twitter was filling up with pain, hate and blame and criticism,” Palmer said. “I decided when we really do need to be looking at news — because Twitter is some of the fastest and, in a strange way, most reliable crowdsourced news — there needs to be some kind of psychological break fr...