Stitch Fix CEO Moves to Executive Chair Role

Stitch Fix founder and Chief Executive Katrina Lake will step down from her role and assume a position as executive chairwoman, the company said Tuesday.

 
Ford Retools Headquarters for Hybrid Work

The auto maker is aiming for a gradual return of some employees to the sprawling campus beginning in July, with "significantly reduced capacity" to retain social distancing, a spokeswoman said.

 
Apple Schedules April 20 Event

The virtual gathering is expected to feature new product offerings, including new iPads.

 
Covid-19 Vaccine Issues Present New Challenge for J&J

A potential link between its Covid-19 vaccine and rare blood clots is the latest issue for one of the most storied names in healthcare.

 
Facebook Expands Oversight Board's Scope to Hear Removal Requests

The move broadens the nearly 20-member panel's purview as a decision on former President Donald Trump's personal account looms.

 
Credit Suisse Identifies $2.3 Billion at Risk in Greensill Funds

The Swiss lender flagged around $2.3 billion in problematic loans in its Greensill Capital funds, giving investors in the funds a more concrete sense of the size of their potential losses from the U.K. firm's demise.

 
'Fortnite' Maker Epic Games Valued at Nearly $29 Billion in Funding Round

The videogame company raised $1 billion from new and existing investors including Sony Group.

 
Jack Ma's Ant Group Will End Some Practices That Helped Fuel Its Growth

Ant built a complex ecosystem that captured huge sums of money by supplying customers with credit and managing their investments. Now, Beijing is forcing the fintech giant to scale back.

 
Gap to Replace Longtime Credit-Card Issuer Synchrony With Barclays

The retailer's deal with the U.K. bank ends a 22-year partnership with Synchrony, the largest U.S. issuer of store credit cards.

 
CBS News Chief Zirinsky Nears Deal to Return to Production Roots

CBS News President Susan Zirinsky is nearing a deal to step down after just two years in the role and sign a wide-ranging production partnership with parent company ViacomCBS Inc.

(END) Dow Jones Newswires

April 13, 2021 19:15 ET (23:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.