The daily business briefing: March 20, 2017

Uber No. 2 Jeff Jones quits, Beauty and the Beast breaks box office records, and more

Emma Watson
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1. Uber No. 2 Jeff Jones quits

Uber's president, Jeff Jones, is leaving the ride-hailing company after just six months on the job, Recode reported Sunday. Jones left Target last fall to join Uber as its No. 2 executive, and one of his jobs was repairing the business' image, which has been tainted by charges of sexism and sexual harassment. "It is now clear, however, that the beliefs and approach to leadership that have guided my career are inconsistent with what I saw and experienced at Uber," Jones said in a statement. His departure comes shortly after Uber's embattled CEO, Travis Kalanick, began a search for a chief operating officer to help him get the company back on track.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.