Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
A recent Fed survey showed that workers' confidence for finding a new job after losing their current position was at 61.5% in May.Economyread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step amid the budding hypersonic arms race between China and Russia.Politicsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Airlinesread more
European aircraft manufacturer Airbus is betting travelers will want to fly long distances on smaller jets with the launch of its Airbus A321 XLR.Airlinesread more
The action reflects the evolving dynamic for U.S. companies that have done business with Huawei, which has been caught in the middle of growing U.S.-China trade tension.Technologyread more
The announcement comes after Trump blasted three countries because thousands of their citizens had sought asylum at the U.S. border with Mexico.Politicsread more
IBM appointed Admiral Michelle J. Howard, the first African American woman to command a U.S. Navy ship, to its board, the company announced Tuesday.
A former U.S. Navy officer, Howard was the first woman to become a 4-star admiral in addition to becoming the first African-American woman to command a U.S. Navy ship, according to IBM's announcement. In July 2014, she became the first woman and African-American to be named Vice Chief of Naval Operations, IBM said, and she retired from her 35-year career in December 2017.
Howard now teaches cybersecurity and international policy at George Washington University, according to the release.
Howard's board appointment will be effective March 1.
IBM CEO Ginni Rometty said in a statement in the release, "Admiral Howard is a groundbreaking leader with a distinguished career in military service. Her leadership skills, international perspective and extensive experience with cybersecurity and information technology will make her a great addition to the IBM Board."
Here is the full release from IBM:
The IBM (NYSE: IBM) board of directors today elected Admiral Michelle J. Howard to the board, effective March 1, 2019.
Admiral Howard, 58, is a former United States Navy officer and the first woman to become a 4-star admiral. She was the first African-American woman to command a ship in the U.S. Navy (the USS Rushmore). Admiral Howard was also the first African-American and the first woman to be named Vice Chief of Naval Operations when she was appointed to that role by the President in July 2014. She retired in December 2017 as the commander of U.S. Naval Forces in Europe and Africa and the Allied Joint Forces Command in Naples, Italy, after a distinguished 35-year career.
Admiral Howard is currently the J.B. and Maurice C. Shapiro Visiting Professor of International Affairs at George Washington University, where she teaches in the areas of cybersecurity and international policy.
Ginni Rometty, IBM chairman, president and chief executive officer, said: "Admiral Howard is a groundbreaking leader with a distinguished career in military service. Her leadership skills, international perspective and extensive experience with cybersecurity and information technology will make her a great addition to the IBM Board."
Admiral Howard graduated from the United States Naval Academy in 1982, and from the United States Army's Command and General Staff College in 1998 with a master's degree in military arts and sciences. She was the first female graduate of the Naval Academy to be promoted to flag officer.
She has received honorary degrees from Rensselaer Polytechnic Institute, American Public University and North Carolina State University, and is the recipient of many honors, including the NAACP Chairman's Image Award, the French Legion of Honor and the KPMG Inspire Greatness Award.