
(Bloomberg) -- International Business Machines Corp. President Jim Whitehurst is stepping down after three years at the century-old technology company. The shares fell the most in five months.The departure marks one of the first major corporate reshuffles under Chief Executive Officer Arvind Krishna, who took the helm last year and has moved quickly to reshape IBM and return it to growth. Whitehurst, 53, is the former CEO of Red Hat Inc., which IBM announced it was acquiring in 2018 in a $33 bil

Tesla Inc on Friday posted record vehicle deliveries for the second quarter that were in line with Wall Street estimates as the electric-car maker coped with a shortage of chips and relied on sales of its cheaper models. Tesla weathered the global supply crisis better than legacy automakers, but CEO Elon Musk has warned of challenges of securing chips and raw materials. Now eyes are on its second-quarter earnings to see whether recent drops in bitcoin prices would have an adverse effect on Tesla's bottom line, due to Tesla's exposure to the cryptocurrency's volatility.

President Biden proposes eliminating a loophole that allows wealthy people to pass assets tax free to their children but Republican lawmakers say it will hit middle class Americans.

‘He says he doesn’t want to pay rent, as he is not getting anything in return and the money is wasted. He thinks I am making money from him.’
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|

| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|
| Symbol | Last Price | Change | % Change |
|---|---|---|---|