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The Miami Marlins announced Friday that they had hired Kim Ng as their new general manager, making Ng the first female GM in MLB history.According to ESPN, Ng is now the highest-ranking woman employed by any of the 30 MLB teams and is likely the first woman to hold the title of general manager for any major pro sports team — though other women, like former Oakland Raiders CEO Amy Trask and Los Angeles Lakers President Jeanie Buss have held executive roles with pro sports teams.Ng is also the second person of Asian descent to lead the baseball operations of an MLB team, following in the footsteps of Giants president of baseball operations Farhan Zaidi."This challenge is one I don't take lightly. When I got into this business, it seemed unlikely a woman would lead a Major League team, but I am dogged in the pursuit of my goals," Ng said in a statement. "My goal is now to bring championship baseball to Miami. I am both humbled and eager to continue building the winning culture our fans expect and deserve."Ng has worked in the MLB commissioner's office since 2011. Prior to that, she served as the assistant general manager of the Los Angeles Dodgers (2002-2011) and the New York Yankees (1998-2001). She also was a longtime staffer for the Chicago White Sox (1990-1996).During her years with the Yankees, Ng oversaw a roster that included shortstop Derek Jeter, who is now a part of the Marlins' ownership group. 1433

The jittery stock market is once again heading south.The Dow dropped 327 points, or 1.3%, on Thursday, with selling accelerating after Treasury Secretary Steven Mnuchin backed out of a conferencein Saudi Arabia. The index had been down 471 points at one point.Tech stocks fell sharply, sending the Nasdaq tumbling 2.1%. Netflix declined 5%, while Facebook and Amazon lost about 3% apiece.Stock market volatility is back on Wall Street. Fears about rising bond yields and the US-China trade war sparked heavy selling last week, the worst for all three major indexes since March. Stocks rebounded sharply on Tuesday, before another wobbly session on Wednesday. The CNN Business Fear & Greed Index of market sentiment is flashing "extreme fear."The market slide gathered steam on Thursday after Mnuchin announced on Twitter that he will not participate in the Saudi summit. Mnuchin said it was a joint decision with President Donald Trump and Secretary of State Mike Pompeo. An administration official told CNN that no other government officials will attend the event in Mnuchin's place.The news adds to rising global uncertainties, including concerns about Italy's budget and a plunge in China's stock market.David Kotok, chief investment of Cumberland Advisers, said he believes Thursday's market slide was driven more by concerns about Italy and China."But Mnuchin doesn't help things," said Kotok.Mnuchin's announcement points to elevated tensions between the United States and Saudi Arabia over the disappearance of Washington Post journalist Jamal Khashoggi.Saudi Arabia has threatened to retaliate against potential US sanctions. The kingdom is the world's largest oil exporter, giving it great sway over global energy prices. US oil prices briefly bounced on the Mnuchin news but closed lower on the day.Saudi Arabia has also played a huge role financing the rise of Silicon Valley, serving as the tech industry's unofficial banker.But the market has also been pressured by other international developments. Even before Mnuchin's tweet, analysts pointed out that Italian bond yields spiked due to concerns about Italy's budget proposal. The European Union plans to send a formal warning letter to Rome to signal displeasure over plans to increase Italy's budget deficit, Reuters reported.Chinese markets were also under pressure. The Shanghai Composite plunged nearly 3% overnight, falling deeper into a bear market as the US-China trade war continues to linger.US investors continue to move money out of the riskiest parts of the market and into defensive areas. While tech stocks fell sharply, defensive areas such as utilities and telecom rose slightly."There is a rotation away from the tech and momentum names," Kotok said. "One has to ask: Has FANG been defanged?" 2868

The man who taught thousands of kids -- and adults -- about grammar and math through song has died.Bob Dorough, the creator of 'Schoolhouse Rock' passed away at age 94.His granddaughter Corin Wolf didn't disclose his exact cause of death but told CNN that Dorough was diagnosed with cancer last year.From "Conjunction, Junction," to "I'm Just a Bill," Dorough's upbeat tunes helped educate thousands of viewers about simple math functions, rules of grammar and the legislative process.'Schoolhouse Rock' songs premiered in 1973 and ran on ABC from 12 years. The show came back on air in the 1990s for five more years. Today, the songs live on in YouTube videos -- some with millions of views. 700

The official schedule of memorial services for former President George H.W. Bush, who died late Friday at the age of 94, was released Saturday evening.An arrival ceremony involving both the House and Senate will be held at 4:45 p.m. ET on Monday at the US Capitol, where Bush will lie in state in the rotunda until Wednesday morning. The public can pay their respects to the 41st president from 7:30 p.m. ET Monday to 8:45 a.m. ET Wednesday.On Wednesday, family and friends will gather at the National Cathedral in Washington, DC, for an 11 a.m. ET memorial service.President Donald Trump designated Wednesday as a national day of mourning, the White House said.The former president will also lie in repose at St. Martin's Episcopal Church in Houston, where Bush lived, from 7:45 p.m. ET Wednesday until 7 a.m. ET Thursday. A second memorial service for Bush will be held at St. Martin's Episcopal Church at 11 a.m. ET Thursday.Bush will then be taken by a motorcade procession to the George H.W. Bush Presidential Library in College Station, Texas, where he will be laid to rest.. The remains will be transported by funeral car (train) to College Station.The arrival ceremony at Texas A&M University will be at 4:45 p.m. ET and will be followed by another ceremony and the interment at 5:15 p.m. ET at the George Bush Presidential Library & Museum.Both Bush's wife Barbara, the former first lady who died in April, and their daughter Robin, who died of leukemia as a child, are laid to rest on the library's grounds.A tribute website for Bush has been set up on which funeral details will be posted.In lieu of flowers, the Bush family has requested that donations be made to the George Bush School of Government and Public Service at Texas A&M University.To honor the former president, the international nonprofit Points of Light, founded by Bush, invited the public to celebrate Bush by giving a day of service in his memory. 1947

The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak. Thursday’s report from the Labor Department said that initial claims for jobless aid dropped from 787,000 the week before. Before the virus paralyzed the economy in March, the number of people applying for unemployment benefits each week had typically amounted to roughly 225,000. The chronically high pace of applications shows that nearly nine months after the pandemic struck, many employers are still slashing jobs. 636