Get the latest market trends in your inbox
Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul
Tampa-St. Petersburg news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg
Uber CEO Travis Kalanick will discuss taking a possible leave of absence when the company's board of directors meets Sunday morning, per the Wall Street Journal's Greg Bensinger:
- "It was uncertain whether Mr. Kalanick would ultimately take the leave or whether the board would approve of such a measure, which would require finding a temporary replacement in short order."
- "Also on the agenda when the seven-person board convenes is a vote on a series of recommendations from a report prepared by former U.S. Attorney General Eric Holder regarding its workplace."
- Kalanick "developed a reputation for sharp elbows, a relentless work ethic and a willingness to push the limits of legality to achieve success."
- "Kalanick is also facing a personal crisis. His mother died late last month in a boating accident that also left his father seriously injured. He has been spending time with his father in the Los Angeles area."
- Why it matters: "Kalanick has been the face of Uber amid its ascent to the world's most valuable private company, pegged by investors at $68 billion."