The company’s board appointed Bob Eddy, the chief administrative and financial officer, to serve as the company’s interim chief executive.
Treasury yields hold steady to start the week
U.S. Treasury yields ebbed lower on Monday morning, continuing to fall from recent highs.
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"If you want to bet on electric vehicles with much less risk, I say buy some Ford or General Motors," the "Mad Money" host said.
Uber shares also saw a boost following Uber's announcement.
U.S. stock futures slipped Monday after Friday's rally on Covid reopening optimism lifted the Dow and S&P 500 to record closes.
The number of vehicles impacted is expected to be "in the thousands," according to a Ford spokeswoman.
The $11 billion worth of content spend in 2020 is a sharp uptick from 2019, when Amazon spent $7.8 billion.