Amazon founder Jeff Bezos is now within striking distance of being the world’s richest man as Amazon reaches new highs. Tuesday, that stock climbed above $1,001. Bill Gates, the cofounder of Microsoft, holds the title of the wealthiest in the world, with $88.8 billion.
Wells Fargo is still dealing with fallout from its banking scandal last year. According to the Wall Street Journal, the Head of the Retail Banking sent out a memo calling for rearranging the Wells Fargo executive positions and slimming down the number of banking regions.
More upheaval at Uber. This time Anthony Levondowski, the Uber engineer star, who is the focus of the company’s battle with Google, has been fired. Google has a self driving car unit called Waymo. Uber’s internal investigation reveals that Waymo’s lawsuit alleged Levondowski stole proprietary information from Google on self-driving cars. There was no comment from Levondowski when that story broke.