
- In today’s CEO Daily: Diane Brady talks to Booking Holdings CEO Glenn Fogel about being fired, and rebuilding.
- The big story: The Fed didn’t do anything—and everyone loved it.
- The markets: Fears assuaged (mostly).
- Analyst notes from JPMorgan and Wedbush on Nvidia, and Convera on Canada.
- Plus: All the news and watercooler chat from Fortune.
Good morning. In February of 2000, Glenn Fogel joined a then-hot startup called Priceline to do business development. “I quit my job as a trader in the last week of February of 2000 and a week later, the Nasdaq peaked in the dot-com boom,” Fogel says in the latest episode of Leadership Next. Within a year, the stock price dropped from $300 to less than a dollar. “Even my mother thought the company had gone bankrupt.”