. >>> getting news from the world of golf, scott wagner is back at hq with big news. >> big news.ly payne, the chairman of the augusta national golf club is retiring today, effective october 16th he's the second longest chairman having assumed that role in may 2016 overseeing a number of key initiatives, as you know, most notably the inclusion of women for the first condoleeza rice was invited there in 2012. he will be succeeded by fred ridley, the first to have play in the masters tournament, having done in '76, '77 and '78. billy payne brought the olympics to atlanta i retire knowing it is simply the right thing to do. and at the right moment to open the door and invite someone new to be called upon to lead, bring forth new ideas and craft a new vision that will honor our founders and serve the game of golf for many years to come. so billy payne retires as the second longest-serving chairman of the augusta national golf club carl, a new face and certainly will be interesting in butler cabin now after the masters crowns its winner sitting there in butler cabin with a new face alo

scott wagner will take over the chief executive position irving will continue to serve on the board of of go daddy flat on the news after hours but finished the trading day higher by 1% kelly? >> wow yeah, we were just talking to him. aditi, thank you. >>> reports of positive momentum on tax reform helping the broader market today ylan mui has the latest details. >> reporter: you said two really important words there, kelly, tax reform, but what if it's just tax cuts? republican leadership is coming under pressure to just take the easy way out and call it a day new york republican congressman pete king who is close to president trump tweeted this today. the gop must go first with tax cuts and not get bogged down in tax reform now, how speaker paul ryan has consistently said that he doesn't want to see this effort watered down he wants to go bold and rewrite the tax code, but in a town hall with cnn last night, even he sometimes got tax cuts and tax reform confused. >> the entire tax cut bill, tax reform bill can go in one bill through the house and senate we believe regulatory relief a

disappoint in go daddy says blake irving will be retire at the end of the year, he'll be replaced by scott wagnerunassuming guy played 18 hopes. we didn't talk about what either one of is did. we played golf, and i was like, that was the ceo of godaddy. >> nice guy. anyway, american eagle -- pretty good golfer. quarterly profit, three cents above estimates. revenue xeelted forecasts as well the apparels retailer also reported -- and check out the shares of fee at chrysler. this time on reports that the automaker is considering spinning off the maserati and alpha romeo brands >>> a double dose of news out of uber mutual funds reportedly marking down investments in the ridesharing company. when it comes to the hundred dollars for a new ceo meg whitman may not be out of running yet. deidra joins us with more. >> good morning, andrew, you said a double dose of uber news. that first bit of news pap shouldn't come as a huge surprise that mutual funds have been marking down their investments. what may be surprising is by how much 15% discount of company last valued at $70 billion, representing about a $