
‘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.’

The current decline in interest rates looks like a countertrend impulse, suggesting yields and bank profits will go higher in coming months.

The company did not specify when Whitehurst, who was named President in January 2020, would leave IBM or who would replace him. Whitehurst, however, will continue to work as senior adviser to Chief Executive Officer Arvind Krishna and the rest of the executive leadership team, IBM said. The company has been restructuring since Krishna took the reins a year ago to focus on cloud computing and artificial intelligence.

Lordstown Motors Corp. stock was halted midday Friday. The shares were down more than 16%. Earlier Friday, The Wall Street Journal reported that the Justice Department had launched a probe into the company's dealings, citing people familiar with the matter. Electric-truck maker Lordstown has disclosed a SEC inquiry and recently added a "going concern" warning to regulatory filings, following the departure of key executives and doubts over its order book, which the company clarified are not bindi
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