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Mike Richards steps down as "Jeopardy!" host after offensive comments resurface

Mike Richards, the new host of "Jeopardy!," announced Friday he's stepping down after derogatory comments he made about women and Jewish people resurfaced in recent weeks.

Driving the news: Richards, who was named a co-host nine days ago, made the offensive comments in 2013 and 2014 from now-deleted episodes of his podcast, "The Randumb Show," The Ringer reports. Sony said Richards will remain the show's executive producer.

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Cryptocurrency jokes get serious

The cryptocurrency market is becoming one of the few places where internet meme culture can translate into serious money.

The big picture: "Joke" cryptocurrencies can thrive when bored people who have cash to spare look for new ways to entertain themselves with seemingly benign bets —hoping that one of those bets could turn into a lucrative investment

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GM boosts investment in electric, autonomous vehicles by $8 billion

General Motors plans to boost its cumulative investment in electric and autonomous vehicles to $35 billion from 2020-2025, a significant jump from a $27 billion target.

Driving the news: GM said this morning that the initiative will include building two new battery cell manufacturing plants in addition to the two already under construction in Tennessee and Ohio.

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