Bloomberg Facebook Inc. named two new directors, appointing Tracey Travis, chief financial officer of Estée Lauder Cos., and longtime McKinsey & Co. executive Nancy Killefer at a time when board’s role at the social media company is under intense scrutiny. The addition of the two women, announced in a statement, makes Facebook’s board 40% female. Fewer than 10% of companies ...

Bloomberg An exhausted-looking Elon Musk said he’s unsure his rocket company SpaceX will accomplish its foundational mission — getting to Mars — before he dies. “If we don’t improve our pace of progress, I’m definitely going to be dead before we go to Mars,” Musk said at the Satellite 2020 conference in Washington. “If it’s taken us 18 years just ...

Bloomberg The euro-area economy may be headed for its first recession in seven years as the coronavirus outbreak takes an increasing toll on businesses and consumer confidence. With Italy sweeping a lock-down across the country and infections nearly doubling in Spain, economists at Morgan Stanley and Berenberg expect euro-zone gross domestic product to shrink in the first half of the ...