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Ford exec is out for misconduct, Toys “R” Us is closing more stores, and other trending news

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Ford
Ford North America President Raj Nair is leaving the company because of “inappropriate behavior.” His exit comes after an investigation into his workplace conduct, following an anonymous complaint. 

Toys “R” Us
Toys "R" Us is planning to close 200 stores and lay off some corporate staff. The closures will leave only about 400 stores standing — the chain has closed roughly half its US locations since filing for bankruptcy in September.
 
AT&T
AT&T has picked Atlanta, Dallas and Waco, Texas, to receive its mobile 5G network by the end of the year. 5G internet will offer speeds five to ten times faster than a 4G network — but no major mobile provider has developed a 5G-enabled device.
 
Quote:
“It’s a very male-dominated industry and most companies are paying special attention to these kinds of issues.” -Michelle Krebs, Autotrader.com analyst, on Raj Nair's exit

Daily Top Headlines: 
Animation: Lucy Clinch 
Script: Katie Carroll, Lorraine K. Lee 
Art: Jacqueline Zaccor 
Producer: Florencia Iriondo

Published in: News & Politics
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