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Nike CEO Mark Parker to step down—John Donahoe to replace him in 2020

Parker has been Nike’s CEO since 2006 and has worked at the company for four decades.

Chipotle’s stock jump after earnings beat, to accelerate drive-thru expansion plans

Chipotle’s stock price has nearly doubled so far this year.

Actress Lori Loughlin, husband and 16 others face new charges in college admissions scandal

Massachusetts prosecutors announced Tuesday that they are levying additional charges against seven university athletic officials and others previously charged in the “Varsity Blues” college admissions scandal.

Best Buy follows Amazon, Walmart in next-day delivery push in time for the holidays

Best Buy announced Tuesday that it will now offer free next-day delivery on thousands of items — right in time for the holiday season.

Boeing replaces head of commercial airplane unit amid 737 Max crisis

Kevin McAllister is stepping down as the company grapples with the fallout from two fatal crashes.

FDA permits Swedish Match to advertise snus smokeless tobacco as less harmful than cigarettes

The FDA, for the first time, is allowing a tobacco company to advertise products as less harmful than smoking cigarettes.

Earnings season sees some big whiffs on Tuesday with McDonalds, UPS and Lockheed

Some of the largest and most well-known companies in the U.S. reported earnings on Tuesday that fell short of expectations.

Fisher Investments withdrawals exceed $2 billion as New Hampshire pension plan exits

The New Hampshire Retirement System voted unanimously on Tuesday to terminate its relationship with Fisher Investments, pulling $239 million in assets. In the last two weeks, institutional clients have pulled more than $2 billion from the firm.

Biogen resurrects Alzheimer’s drug; shares jump 37%

Biogen is planning to file for U.S. regulatory approval for its Alzheimer’s treatment aducanumab after fresh analysis of its clinical trial showed promise, the drugmaker said.