Uber said Cameron Poetzscher, a longtime executive in charge of corporate deals, has resigned. His departure, which follows allegations of sexual misconduct, leaves another vacancy in Uber’s finance department as the ride-hailing company races toward an initial public offering.
Banks led a broad slide in U.S. stocks Monday as an early rally faded, giving the Standard & Poor’s 500 index its fourth loss in a row. Healthcare and energy stocks also helped pull down the market, outweighing gains by technology and consumer-focused stocks. Crude oil prices eked out a small gain.