Jun 21, 2018

Intel CEO resigns over past relationship with employee

Former Intel CEO Brian Krzanich. Photo: Justin Sullivan/Getty Images

Intel Corp. announced that CEO Brian Krzanich has resigned, effective immediately, after it was discovered that he had an undisclosed "past consensual relationship" with an Intel employee. The company's stock fell just over 1% on the news, dropping its market cap to around $246 billion.

What's next: Intel's board named CFO Robert Swan as the company's interim CEO. Intel Chairman Andy Bryant said in a statement, "Bob has been instrumental to the development and execution of Intel’s strategy, and we know the company will continue to smoothly execute."

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Axios
Updated 48 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did"
  2. Senate Democrats block vote on McConnell's targeted COVID relief bill
  3. Economy: Why the stimulus delay isn't a crisis (yet).
  4. Health: New York reports most COVID cases since May — Studies show drop in coronavirus death rate
  5. Education: San Francisco public schools likely won't reopen before the end of the year.
  6. World: Spain becomes first nation in Western Europe to exceed 1 million cases — France becomes the 2nd
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Jacob Knutson
Updated 4 hours ago - Politics & Policy

U.S. officials: Iran and Russia aim to interfere in election

Iran and Russia have obtained voter registration information that can be used to undermine confidence in the U.S. election system, Director of National Intelligence John Ratcliffe announced at a press conference Wednesday evening.

Why it matters: The revelation comes roughly two weeks before Election Day. Ratcliffe said Iran has sent threatening emails to Democratic voters this week in states across the U.S. and spread videos claiming that people can vote more than once.

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Rebecca Falconer
Updated 6 hours ago - Politics & Policy

Supreme Court blocks Alabama curbside voting measure

Photo: Mark Wilson/Getty Images

The Supreme Court on Wednesday evening blocked a lower court order that would have allowed voters to cast ballots curbside at Alabama polling places on Election Day.

Whit it matters: With less than two weeks until Election Day, the justices voted 5-3 to reinstate the curbside voting ban and overturn a lower court judge's ruling designed to protect people with disabilities during the coronavirus pandemic.

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