Hims & Hers appoints Amazon veteran as COO

Hims & Hers appointed Nader Kabbani, a longtime Amazon executive who most recently worked at the robotics company Symbiotic, as its next chief operating officer, the company said Monday morning.

The announcement comes just weeks after the company announced that its longtime COO, Melissa Baird, would transition to an advisory role. Notably, during his roughly 20-year tenure at Amazon, Kabbani led the acquisition of PillPack and the launch of Amazon Pharmacy and built the framework for some of its streaming and media offerings.

Hims was down 0.8% shortly after the market opened.

The company is set to report earnings for the first three months of 2025 later today. Investors are eager for more information on how its weight-loss segment is doing after the FDA declared the shortage of popular GLP-1 weight-loss drugs is over, limiting its ability to sell copycat versions.

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Max Knoblauch13h

Ford dips as another large fire breaks out at the New York Novelis aluminum plant

Shares of US auto giant Ford are down more than 2% on Thursday morning following reports of another major fire at its primary aluminum supplier’s plant in Oswego County, New York.

Local media reported that a four-alarm fire broke out at the Novelis plant, which supplies 40% of the aluminum sheet for the US auto industry, on Thursday morning.

Last month, Ford said a September fire at the plant would hit its earnings by between $1.5 billion and $2 billion in the fourth quarter. The company said it would be able to mitigate about $1 billion of that next year.

As of 10:15 a.m. ET, local officials said the fire is under control and everyone had been safely evacuated. Novelis previously said it would be able to restart operations at the part of the plant most damaged by the September fire next month.

Large fire reported again at Novelis aluminum plant in Oswego County

Max Knoblauch

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Nvidia’s gaming division underwhelmed Wall Street: It’s still bringing in about as much money as Dr Pepper

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Archer Aviation strikes deal to supply electric propulsion system to Anduril, bolstering its path to revenue

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US CEO departures are at their highest level in decades

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Ford partners with Amazon to sell its used vehicles online

Beginning today, many Amazon shoppers can add a pre-owned Ford to cart.

The partnership, announced by the two companies on Monday, will begin in Los Angeles, Dallas, and Seattle, with plans to expand.

According to Ford, every vehicle sold through Amazon will have been “inspected, reconditioned, and comes with a Ford warranty, Ford Rewards points, and in some cases, a money-back guarantee.”

Shares of used car retailers Carvana and CarMax dipped in early trading on the news. Similar patterns occurred when Amazon Autos announced a partnership with Hyundai late last year, and another with rental giant Hertz in August.

You can now buy pre-owned Ford vehicles on Amazon

According to Ford, every vehicle sold through Amazon will have been “inspected, reconditioned, and comes with a Ford warranty, Ford Rewards points, and in some cases, a money-back guarantee.”

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