SAN FRANCISCO (KRON) — On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon to talk about Twitter’s new CEO, Volkswagen cheating and ATM fees.
Twitter has named co-founder Jack Dorsey as their new CEO. Dorsey is also CEO of another San Francisco-based company, Square, where he will start working part-time.
The Volkswagen emissions scandal has been detrimental to the company. Volkswagen has already lost $34 billion of market cap and that number will most likely continue to grow.
ATM fees are on the rise with reports of fees as high as $5. Black calls anyone who uses an ATM outside of their bank “financially stupid” and wonder why even uses cash anymore.