Ford CEO Hackett Hands Over the Reins, TikTok Controversy, Facebooks Big Lease
b'Carl Quintanilla, Jim Cramer and David Faber start the morning with breaking news out of Ford.\\xa0CEO Jim Hackett announces he\\u2019s retiring and handing over the reins to Jim Farley, Ford\\u2019s COO effective October 1st.\\xa0Plus, the TikTok controversy continues, as Chinese state media slams the U.S. as a \\u201crogue country\\u201d for its planned \\u201csmash and grab\\u201d of the company. Plus, President Trump says Microsoft should pay \\u2018key money\\u2019 to Treasury for facilitating TikTok deal.\\xa0And BP cut its dividend in half, after the energy producer reported a $6.7 billion second quarter loss.\\xa0Facebook announces it\\u2019s leasing all 730,000 square feet of office space in Vornado\\u2019s landmark Farley building in New York.\\xa0Financial terms of the deal were not disclosed.'