Oct 18, 2019

Report: Oracle co-CEO Mark Hurd dies at 62

Mark Hurd. Photo: Adam Jeffery/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Mark Hurd, co-CEO of Oracle, died on Friday, according to CNBC. Hurd, who was 62 years old, had taken a leave in September for unspecified health reasons.

Why it matters: Hurd became co-CEO in 2014 after four years as president of Oracle. He joined Oracle after resigning as chief executive of Hewlett Packard, where his five-year tenure revived the struggling firm's finances but also included a string of controversies, including sexual harassment claims and revelations that the company tried to spy on journalists.

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Joann Muller

47 mins ago - Energy & Environment

General Motors tries to revive incendiary lawsuit vs. Fiat Chrysler

Illustration: Eniola Odetunde/Axios

General Motors is trying to revive an incendiary lawsuit against Fiat Chrysler Automobiles with explosive new allegations including bribes paid from secret offshore bank accounts and a union official acting as a double agent between the two automotive giants.

Why it matters: The extraordinary legal battle is occurring amid earth-shaking changes in the global auto industry that threaten to turn both litigants into dinosaurs if they aren't nimble enough to pivot to a future where transportation is a service, cars run on electrons and a robot handles the driving.

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Orion Rummler

2 hours ago - Health

Cuomo says all New York schools can reopen for in-person learning

Gov. Cuomo on July 23 in New York City. Photo: Jeenah Moon/Getty Images

New York Gov. Andrew Cuomo announced Friday that all school districts across the state can choose to reopen for in-person learning because it has so far maintained low enough coronavirus transmission rates.

Why it matters: It’s another sign that the state, once the global epicenter of the pandemic, has — at least for now — successfully curbed the spread of the virus even as infections have surged elsewhere around the country.

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Orion Rummler

2 hours ago - Politics & Policy

Appeals court allows House Democrats to continue lawsuit for Don McGahn testimony

Don McGahn in an October 2018 Cabinet meeting. Photo: Chip Somodevilla/Getty Images

A D.C. appeals court on Friday allowed House Democrats to continue their case for testimony from former White House counsel Don McGahn before the House Judiciary Committee.

Why it matters: The ruling has broader implications beyond this specific instance, agreeing that Congress has the standing to sue to enforce subpoenas against executive branch officials even if the White House refuses to comply.