is emil michael leaving a big deal? >> it is a huge deal. travis' top confidant, a great friend of his, and sort of the guy that helped the company raise more than $10 million in a deal with dd in china, and make partnerships with automakers like daimler. the hugely important executive who has been a central figure in many of uber's scandals. it is a big deal the board came to this decision. overall, things at uber are crazy right now with this report supposed to drop tomorrow. caroline: crazy indeed. meanwhile, it seems emil michael is fighting, saying he blames the board of directors and the legal team. talk us through as your expertise focuses on corporate governance, is this the right step to be taking? should they be pushing for travis kalanick to be taking a leave of absence? >> i think the personal issues travis has been facing have been significant for him. it may be a good time for him to step back. unfortunately now though with the leaving of his right-hand man, you have several open positions. for these positions to remain open wh

bloomberg news have learned that emil michael is leaving the company.uld learn other changes next. this is bloomberg. ♪ vonnie: breaking news now from the ninth circuit . the ninth circuit will rule soon on the trump travel ban. not quite sure exactly what sin means on trump's and. travel ban. bloomberg news has learned that uber's emil michael is leaving the company. he is the ceos close as confident at the company. james on the phone from the west coast. you said that uber is battered and bruised, but we expect ceo travis kalanick to stay on. michaelsay that emil would be gone. james: ultimately the jury is still out on what will happen with travis, but at the end of the day, uber did need a fall guy and michael was that. he was arguably the most powerful man at the company outside of the founder himself. that puts the burden on his shoulders, at least from a public standpoint. when you think about mr. callan exposition, the one thing to keep in mind is that this potentially the opportunity to rebrand without a leave of absence or exiting the company.

resignations in recent months — including its chief financial officer and most recently head of business emil michaelnt a lot of pressure on the chief executive travis kalanick. in march a video of him getting into a foul mouthed row with an uber driver went viral and he was forced to make a very public apology. samira hussain reports there is no question that uber has been an absolute game changer. it has dramatically and aggressively shifted the way people use transportation. it has forced legacy taxi companies to catch up, and has seen similar companies join the fray. but ever since the claims of sexual harassment and lack of response from senior managers sexual harassment and lack of response from senior managers came on, uber has been trying to clean up its image. lastly, the company it fired 20 staff after another law firm looked into 215 complaints of sexual harassment, discrimination, bullying, and unprofessional behaviour. now, while eric holder's report is anticipated, but‘s executives have adopted the recommendations in it. duty will be opportunity for uber employees to hear the fighting.

emil michael is a close ally of travis kalanick.nounced his departure in an e-mail to employees. uber has been hit by a series of scandals. kalanick is considering a three month leave of absence from the company that he helped build. the children's apparel retailer gymboree applied for chapter 11 bankruptcy protection. it missed a june debt payment. it will close 170 stores. the filing should reduce the debt by $900 million. rapper and music producer sean combs is the highest paid entertainer according to forbes annual list of highest paid celebrities. combs earned $130 million from june 2016 to june 2017. beyonce held the second spot and j.k. rawling earned 95 million. and the latest example of the trump effect thanks to barron trump wore a t-shirt sunday that said the expert. it costs $29.50 and made by j. crew. by monday it sold out. >> expert at being fashion forward. i'm impressed. i liebld that shirt. jill wagner at the new york stock exchange, thanks a lot, jill. >>> still ahead a snorkeling terror. a woman lives to tell the

people close to emil michael, who has now left uber, believe he has been unfairly victimized.ole at the company raising all that money, forging partnerships with companies like chrysler. yes, they say he was at the center of some of these controversies. you named a couple of them. your four of a visit to an escort karaoke bar in seoul, south korea, a couple years ago. there were supposedly some conspiracy theories about a truly horrific rape of a passenger in india. emil was supposedly one of those executives. he made a big contribution to the company. they just use some of the characterizations of these controversies and say this is a company with some internal infighting and he was unfairly targeted. that is his claim. i think uber is trying to get beyond all of this stuff. emil has been connected with a lot of these points of controversy. scarlet: the reason we care so much about him is because he is the closest of travis kalanick. what does that mean for travis? does he get the boot? we brad: we care because this is one of the key executives that is made uber what it is to

included the firing of the number two executive or the top business deputy at uber to the alanik, emil michael. that is the most recent departure. this is what has unfurled in the last 48 hours. host: you talk about travis kalanick. how did you restart? -- uber start? guest: people like to say that uber. kalanick founded he didn't. it was founded by a friend of his, i canadian engineer who founded a company called stumbleupon and did quite well with it. camp had a realization that the iphone that came out the year before had two semi conductors and it that were unbelievable for something that you can hold in your hand. it was an accelerometer and a gps chip. these were an aircraft guidance systems. with those chips, you could design something that could measure how fast you were going and where you were. he could re-create a taxi dispatch system, something he wanted to do because taxis in san francisco were so bad. the company started at uber cap, but it was not a taxi company. it held limousines and black he gothich is like how around san francisco. host: uber cruising at a corporis crisis mo

uber has confirmed that emil michael...he senior vice esident of bus >>> another leadership shake-up at uber. a top executive has left the company. uber has confirmed that a meal michael the senior vice president of business is out. michael had been with uber since 2013. he was a key executive and a close confidante of the ceo travis kalanick. this as uber's board discusses a possible leave of absence for kalanick as he copes with the sudden loss of his mother. the board approved recommendations made by former u.s. attorney general eric holder who is working to reform the company's internal culture. uber is currently facing allegations of sexual harassment and other workplace issues. >>> if you are looking for a job, look at snapchat. starting today mcdonald's is putting $250,000 jobs up on the social media app. mcdonald's is going to be using a series of 10 second snapchat ads that it calls snap- lications. they talk about why they like working there. people who want a job will be directed to a hub where they can download

also, the "wall street journal" says chief business officer emil michael will resign as early as tomorrowh cam capturing a wild accident out of japan. a speeding car crashing through the median and going airborne, slamming into a bus. cameras on the bus capturing the drama. the driver of the car was killed. there were no serious injuries among the 47 people on the bus. >>> now to a wild scene in the ring at a kickboxing match in paris. take a look at this. one fighter turned his back after suffering a cut. murthel groon-hart hit him from behind, knocking him out. the punch was perfectly legal. but that didn't stop two fans from jumping into the ring to attack him. the fighter saying he may have suffered a broken jaw in the melee. >>> there is one lucky, and now powerball drawing. the single winning ticket for last night's $447.8 million jackpot was sold in sun city, california. the lump sum payment would be nearly $280 million, before taxes. this is the tenth largest lottery prize in u.s. history. >>> up next, a video straight from the hospital going viral. the teenager dancing in his hos

in recent months, including its chief financial officer, and, most recently, head of business emil michaelof him getting into a foul mouthed row with an uber driver went viral, and he was forced to make a very public apology. all that in world business report. also, we‘ll go to spain, where prime minister mariano rajoy is facing a vote of no—confidence. the vote, which was called by the far left podemos party, is not expected to succeed, but could raise the political pressure on the prime minister after a fresh burst of corruption revelations linked to his popular party. —— revelations linked to his popular party. mr rajoy‘s party has been at the centre of multiple probes into alleged kickback schemes and illegal party slush funds for years, but the controversy was reignited last week with the arrest of a prominent former pp leader in the madrid region. so we will be live in spain for the lowdown on what they could mean they are. and all the latest business stories. sojoin me in 20 minutes if you can. —— that could mean there. now, the russian opposition politician alexei navalny has just

emil michael, who has been ousted, help the company raise $10 billion. if you are at the company, you are going to be relieved you have all that money. certainly there are going to the questions about the company's valuation. hard to imagine they make any moves towards the public offering with so many question marks. let's use the resources we have right the ship. i wouldn't be surprised if they raise money, but it is a company that always raises money so i never bet against it. julia: eric come is there a huge opportunity for competitors? daniel michael has stepped away and he was seen as key for relationships and raising funds for the company. challenging them operationally in terms of the business. if you have the ceo absent for a number of months, is there an opportunity for competitors to perhaps fill a void and even poach talent? eric: lyft is definitely seizing the opportunity. they struck a crazy partnership that was unexpected, big, big deal. gm is one of the largest shareholders. they are working on things with them. they just announced somethi

resignations in recent months — including its chief financial officer and now senior vice—president emil michael has meant a lot of pressure on the chief executive and co—founder, travis kalanick. in march, a video of him getting into a foul—mouthed row with an uber driver went viral, and he was forced to make a very public apology. carrie 0sman is chief executive at the business consultants cruxy. good to have you on the programme. uber has been a disruptive, it has been an headline is from the get go, it has been aggressive in its methods for taking over taxi surfaces around the world, but now all the headlines are for the wrong reasons, what are we going to find out today? obviously, this all-star did with susan fowler and her blogged post which named a number of things from the sexism that was rife, talks of people grabbing body parts, parties where beyonce may play on the rooftop, but behind closed doors there is drug abuse going on, and also what is concerning is the way this goes from the root to tip of the business. it seems like it comes from the very top all the way down, so from the i

eric: yeah, we talked to people emil michael.had close to $10 billion, cut a company in china and struck partnerships with automakers like daimler. he felt like this was a key executive who basically has seen the board abandoned him amid public scrutiny. there were all these very serious scandals that his name came up over and over again, and the holder investigation sort of helped piece that together. i think michael's people felt that he had been abandoned by the board, and had taken some blame for issues the legal team had been responsible for, but of course, there were all these scandals that the board looked at. anchor: eric, it seems like we have had these daily occurrences , telling us more about these departures now. we have the latest internal inquiry that led to 20 people being fired. are we expected to see more execs leave uber? eric: the main question right now is whether the ceo, travis kalanick, will take a leave of absence. i will take three months. it does not see mike it is decided whether he will do it. it is up

the chief business officer emil michael is out at uber. michael was considered a right-hand man for uber c-e-o travis kalanick. his resignation comes after a series of scandals at uber this year. including termination of 20 employees over sexual harassment claims. uber's board is still deciding on whether kalanick should take a leave of absence. (grant) expect delays this week on highway 17 caltrans is repairing the damage from last winter's brutal storms traffic will be cone to cone from just south of the summit to pasatiempo road in scotts valley. one southbound lane will be closed every day this week until two in the afternoon to avoid disrupting the evening commute. although not yet scheduled, caltrans is also planning some night work. there is a lot of damage to repair and it wants to be done before the ran is likely to return in the fall. (steve) you're looking live at s-f-o. tonight a pretty nice day around the bay area.(grant) kron-4's chief meteorologist brittney shipp joins us now with what's in store for the rest of your week sk

reports say chief business officer emil michael cooke retires today.version of its xbox one console for the holiday season but the price tag of 499. will be the most powerful game console ever made. keeping a close eye in the nasdaq this morning. a lot of pressure. technology on friday carried over to today. nasdaq down almost 1%. dow s&p lo-res love. that's what's happening right now. lauren: thank you, cheryl. another potential day bombshell testimony this time for the attorney general jeff sessions. joining us now from the point matheson, former chief of staff to mike leigh. good to see both of you. i will start with you. do you think attorney general jeff sessions will testify and will be public or closed tomorrow? >> he is going to testify. it will be public and go along the lines of direct or comey's testimony. one thing you can be guaranteed absolutely will happen during that testimony is both the left and the right will send out fundraising e-mail saying how critical it is you donate 100 bucks today to their cause. >> is interesting because dem

. >> reporter: departing executive emil michael did release a statement that did not acknowledge failure. i have been committed to a diverse business team welcoming to people of all genders, sexual orientations and national origins and educational backgrounds. the list is suspected to be released tomorrow. david louie, abc7 news. >>> san francisco based company is planning to close hundres of stores. they plan to cut their debt by a billion dollars and shut down 375 stores leaving about 1,000 stores open. no word just yet what it means for stores in the bay area. gymbore says it's taken a blow because of competition from rival brick and mortar chains. >>> president trump is facing a lawsuit by two governments. covering it all from washington. >> reporter: today, president trump in his first full cabinet meeting at the white house talked up his accomplishments so far. >> never has there been a president who's passed more plegislation, who's done more things than what we've done. >> reporter: what the administration still hasn't been able to do is get any version of their travel ban passed

. >>> senior vp of business, emil michael will leave the company.ing the details of this never-ending shake-up, jeff. reporter: oh, boy, it has been a mess for these guys. the focus still on travis kalanick. we have not gotten word whether or not he take as leave of absence, according to reuters, according to a source, in the bored meeting yesterday he is likely to take a leave of absence. that is interesting. tomorrow we get details of the former attorney general's report on internal practices at uber. that was eric holder's report. he delivered that over the weekend. the board accepted all his recommendations. the full report coming out just to employees, not the full report to employees but the recommendations to, to the employees on tuesday. so we should hear what those would be. also word today that when link martello, executive vp at nestle, a former cfo there is added to the board, presumably would help find an interim ceo. how quickly this all falls out we don't know. as for michael who you mentioned there, he is the guy who resigned or appa

. >>> vice president emil michael resigned today as more changes are expected from the ridesharing companyuber is expected to release recommendations made by attorney general eric holder. it follows reports of sexual harassment, bullying, and other workplace problems that cbs news financial contributor melanie hobson says the timing of the changes could be problematic for the country. >> reporter: this brash culture is what led this company going from zero to being worth $70 billion in seven years. standards, and has some significant fallout. >> uber is considering a leave of absence for its ceo. >>> still ahead, a teenager couldn't vote for trump last year, so he showed his support by wearing some trump merch on picture day at school. why he says he was censored. >>> pretty hot evening for baseball, but you know what? it's kind of baseball weather. 89 at 6:00, as you head to the ballpark. 88 first pitch. the time you're heading home, temperatures back until the low 80s, but really not crazy humidity yet. we'll talk about humidity narrator: the washington pos would make the better governor

in a letter to employees executive vermont emil michael announced he is leaving. the ride sharing company will learn more about the future tomorrow morning. when a full report on the company's culture is released. that report has been put together by former u.s. attorney eric holder who was brought in after a series of high profile sexual harassment accusations speculation is that more changes are on the way. some say travis kalanick is making plans to step down inkts today is finally day ofs a independent company merge finalizing merging with verizon tomorrow. yahoo! shareholdering gave final approve to the buyout last week. verizon wants to take advantage of yahoo!'s online advertising system. compete with phone number and google. yahoo! started back in 19949 by two stanford graduates. >> it's a creative way to recruit hires. mcdonald's planning to hire 250,000 summer workers across the country using social media. especially snapchat. plans to run adds between snaps. those interested with swiet swipe up on the krien to get the career page. the mcdonald's says th

top executives including ceo travis kalanick and voting on the future of chief business officer emil michael. so the question is how did we get to today. how did uber get to the point where a bunch of people in a boardroom in l.a. are trying to figure out its future. it was spark inside february by engineer susan fowler who blogged about repeated unwanted sexual advances by her bass. she said hr swept the incident under the rug. >> because he was a high performer. eo travis kalanick who was blamed launch add investigation into the allegation saying anyone who behaves this way or thinks this is okay will be fired. last week, at least 20 employees were fired for harassment. bullying and inappropriate behavior as a result of a second investigation. uber did not comment today and holder will present his findings to all employees on tuesday. more speed butchs on the horizon for the raid haling giant. >> we are getting our first look at a california store that sold a have i very lucky powerball ticket. muir yet at that time liquor south of los angeles sold the winning ticket and matched all of las

the san francisco-based company confirms that emil michael the senior vice president of business is out. he has been a key executive there since 2013 and a close confidante of the ceo travis kalanick. as we have reported, uber's board is also discussing a possible leave of absence for kalanick. uber says kalanick proposed the idea of taking some time off. >>> google just launched project sunroof that lets you look at the existing solar installations in the u.s. the company says it combines machine learning with google maps and google earth imagery to determine which houses have solar packages. so far, the tech giant has identified 700,000 installations in the country with solar packages. >>> and i'm dennis o'donnell. coming up, poison the band playing tonight at oracle arena but last night, they had the champagne flowing in the warriors locker room highlights and reaction coming up. >>> good morning, everybody, in championship city. you know, the bay area hasn't had a team win a championship in its home venue since 1974 when the a's beat the dodgers in the world series. that streak ende

report that eric alexander showed those medical records to uber's ceo and to uber vice president emile michael a year ago. uber has been on a firing spree trying to get rid of bad apples that have come to define that company. wall street will be watching the comey hearings and the election in great britain. we think we know who's going to win in great britain but we've said that before. the dow gained 37 yesterday. nasdaq 22. i wanted to show you this from the steps of the state capital in sacramento. comcast, our parent company, giving away scholarships to hundreds of california kids. they were kind enough to invite me to take part. lots of kids got money, two of them got $10,000 each, ian chang from balboa high school in san francisco, he hasn't decided where he wants to go to school, muriel rubio from st. elena high school, she is headed to santa clara. go bronco. >> good for them. big checks to cash. >> were you lugging those things around? >> those are enormous. aren't you glad you have direct deposit. >> you need a big pen, too. >> they cut that thing into pieces, thank you very much. >>

the news comes as uber's spokesman is now confirming that senior vice president of business emil michael, a top lieutenant of kalanick's will step down from the company. liz, what do you think of this? >> well, look this is a disruptor company and like so many of its kind, it has had some pretty unfettered business practices and obviously in that kind of climate a lot of scandals typically come up or often do. but look, the ceo here has created a 70 billion-dollar business, and it is something that the entire country has come to rely on. i think he is, may have personal issues. his mom was killed in an accident. there may be reasons for him to step away from the company. melissa: yeah. >> but he will be back. he needs to be back. he is the guy that built this he understands the idea of it. i think he is created something that is really genius. melissa: steve, there is always these inflection points with these companies where you have an entrepreneur who had the idea and is a genius and started the thing up and it grows to such a size and clear it is here to stay and need to transition a

that eric alexander showed the medical records of the woman to uber's ceo and uber vice president emile michael uber has been on a firing spri trying to get rid of the bat apples that has come to define uber as a company. wall street will be watching the comey hearings with the rest of us. you have the election in great britain. we assume we know who's going to win that one but we said that before. the dow gained 37 points wednesday, nasdaq up 22. sam and laura i wanted to show you a little clip. the state capital in sacramento, that's a fellow named ian from san francisco, comcast, our parent company, giving away scholarships to hundreds of california kids. they were kind enough to invite know take part in the ceremony. a lot of kids got money but $10,000 each went to ian chang from balboa high school in san francisco, he doesn't know where he's going to college yet. but mary lee, another student, is going to santa clara. helping bring the tuition down a little bit. >> a little bit. >> good for them. congrats. >>> by the way, we're talking about races, this is a local race. a washington state

>> and amid an internal investigation into allegations of sexual assault uber's vice president emile michaelleaving the company. uber's board accepted all recommendcations from that investigation which will be made public later today. >>> are you ready for the story, turn up the volume, guess what, it's for real. basketball star dennis rodman, that's right, is in north korea this morning, his fifth visit to the rogue nation, but his first since president trump took office. rodman has received red carpet treatment during previous trips, but he has been widely criticized for visiting the regime during the time of high tensions between the u.s. and north korea over its nuclear weapons program. rodman spoke to reporters while making a flight connection in china. >> and what are you trying to accomplish here? >> trying to open the door, open the door, that's it. my purpose is to go over and try to see if i can [ inaudible ] on north korea. that's the main thing. >> that's right. and that trip for dennis rodman is sponsored by a digital marijuana bank. joining me now is "the daily beast" can colum

or at least growing, even if we're not profitable, we're still trying to get -- uber executive emile michael used to talk about the flywheel they had to start in new cities which means burning a lot of venture capital dollars and subsidizing rides to get demand up. the question i think is, is that demand going to continue when riders are actually paying the real cost of a ride without v.c. dollars backing that. in the meantime, i think uber has $10 million in the bank, and they keep maintaining, look, our business is growing and we have money to keep going. in the mean time, hang in there, we're not darth vader, you should still use our service. >> glor: and not just hang in there but remove the toxicity, right, mike, that is associated, and the question is how long it takes for that to go away. >> yeah, it's really interesting, too. you watch the uber versus lift sort of branding wars playing out right now. it's funny over the past four or five or six months, people, like normal non-tech people i talk to have a sense of latent guilt around using uber and they're not really sure why, but it'

company shaking up the leadership and leaving a bunch of vacant spots at the top of the work chart emill michaelnnounced his departure yesterday. he was behind a lot of uber's deals and broad strategy initiatives. his exit raised the prospects of others at the top who could be leaving or pushed out, making it harder for kalanick to step aside if he wanted to. the question is who would step in for him not a lot of people at this point because so many have left. >> all right thank you deidre it's a fascinating story we'll see where it all lands see you later today. a lot of you >>> coming up, ceos sounding off on the economy we have the results of a new survey from kpmg next. >>> and later, investment picks from ron barroon he will be our guest host at 7:00 a.m here's a look at yesterday's winners and losers and the wolf huffed and puffed... like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes.

uber says its senior vice president of business - emil michael - has left the company.he was consideredd man for uber c-e-o travis kalanick. this comes after a series of scandals over the past year - forcing an investigationinto uber's culture and business practices. meantime, the new york times is reporting that the uber board is talking about a three-month leave of absence for the c-e-o... kalanick is the one who built the start-up into a nearly 70-billion-dollar company. (grant) longtime general electric chairman and c-e-o jeff immelt is stepping down. immelt has run g-e since 2001. during his tenure, g-e sold off some of its assets, including n-b-c television and much of its financial services arm, g-e capital. he also led g-e through the 2008 global financial crisis. the company says immelt will remain g-e's chairman through the end of the year. current g-e healthcare president john flannery will replace immelt as c-e-o effective august first. (anchor) time now to check on our weather... with chief meterologist brittney shipp. skies remain partly cloudy across much of the district

the chief business officer emil michael is out at uber.ael was considered a right-hand man for uber c-e-o travis kalanick. his resignation comes after a series of scandals at uber this year. including termination of 20 employees over sexual harassment claims. uber's board is still deciding on whether kalanick should take a leave of absence. ( james ) the children's clothing store 'gymboree' has filed for bankruptcy. the san francisco-based company is in debt 900-million dollars. gymboree plans to continue business operations during the restructuring and most of its 13-hundred stores will remain open. this come two months after shoe chain 'payless' filed for bankruptcy, closing more than 400 stores. other retailers, including ann taylor, lane bryant and justice will also be shutting down several locations. ( james @ landing ) the players on the golden state warriors were not the only ones working hard this past season. there is a twelve person video production crew behind the scenes. they put together the in-arena scoreboard, hype videos an

the next big question is whether the ceo himself takes a three-month leave of absence emil michael was the right-hand man and uber's chief deal maker. now he's the highest profile exit so far. he announce d his departure in a internal memo to his team saying yesterday was his last day and, quote, it has truly been the experience of the fastest growing company of all time. he has played a crucial role in growth he brought if major funding that helped reach the valuation he has also been attached to some of the startup's biggest controversies and many wondered leading up to this point if he could survive that holder report now we're waiting to hear if he takes a leave of absence and if he does there are very few people who could step in remember that it's not just michael, the 20 plus employees fired because of the internal investigation, these are just some of the other names that have left. this exodus has been going on for months, guys, and there could be even more to leave tomorrow once that holder report is made public >> all right, deirdre, thank you very much. uber is lucky they h

the company has provided no clarity on the face of the company owner, or his coworker emil michael. device, would is priced at $499, is designed to work with the new generation of 4k television. the new console will be compatible with old xbox games and accessories. that is the bloomberg business flash. president macron's party is on track for a sweeping majority in the national assembly. his republic on the move received 32% of the vote in the first round come almost 10 points ahead of the republican. the results could give the party seats, and that is according to projections. let's go live to paris. first of all, give us a sense of what this means for president macron's reform agenda. reporter: it means it will be much easier for him to push through reforms. his going to get somewhere between 70% to 75% of the seats of the national assembly. you can see behind me, the lower house of parliament. on thedifficult to reform agenda. first, the labor reform, which is scheduled to pass by the end of the summer. this is the biggest majority of french president has ever received in more t

from that, new hr policies, new training and the dismissal opinionly of the, resignation of he emil michaels the chief business officer and possibly leave of absence for ceo travis kalanick. stuart: is the allegation that essentially uber was run like a frat house and that is not good enough in today es day and age, and changes have to be made, is that roughly the conclusion we're expecting? >> i think so. they are, kalanick may be stepping down temporarily. you have the chief of business, he is stepping away. so i think they realize it starts at the top, they need to make those changes. stuart: we'll find out for sure 1:00 eastern, 10:00 pacific. tracee, thank you very much indeed. >>> retail ice age, the mall of the future, no stores. instead it will be filled with churches and schools and other enterprises. we're all over this one. >>> uk prime minister theresa may meeting france's new president emannuel macron tonight. hoping to make an ally before "brexit" talks begin. nigel farage will have a seat at the table. he joins us next hour. dearthere's no other way to say this. it's over. i'

to kalanick's departure, ultimately, but the departure of many high level executives, including emil michaelht there. "the new york times" reporting that over the last day five of uber's major investors demanded that kalanick resign immediately, including board member bill gurley of d.c. firm benchmark who is one of kalanick's earliest supporters question now is, of course, who will lead uber 2.0 when kalanick went on a leave of absence last week he left a management committee in his place of more than ten people to lead daily operations but the company has been searching, as you guys know, for a coo, a cfo, a cmo, a general counsel and now a heightened search for a ceo to replace kalanick himself, guys but don't expect that he's going to walk away from the company entirely, because he still is on the board, of course and he still controls a majority of uber's voting shares. >> presumably, deirdre, the search for all the other c-level posts that you mentioned will be held up until a ceo is named you wouldn't want to take a coo position not knowing who you would report to. >> absolutely. i me

positions at the top of uber's work chart at the moment now, leadership is an even bigger question if emile michaelwell. he has been critical to the company and helped to bring in some major funding but he's also been attached to some of uber's biggest controversies like the karaoke bar in seoul and the alleged sharing of medical records of a rape victim in india he would mark the biggest departure yet but uber has been making some very high profile additions. earlier this morning "the wall street journal" reporting that the company will add martello to the board and that would be the third big female hire in just a week >> deirdre, think you very much. when we come back we have more on the news of the morning general electric naming a new chairman and ceo we have the details after the break. plus, michael evans of alibaba and the company's stock performance and the future of e-commerce stick around we'll be right back hey dad, come meet the new guy. the new guy? what new guy? i hired some help. he really knows his wine. this is the new guy? hello, my name is watson. you know wine, huh? i know that