News on the move: U.S. executes first federal prisoner in 17 years, Luckin names new Chairman, Ford introduces 2021 Bronco

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Yahoo Finance’s Adam Shapiro and Julie Hyman break down Tuesday's top trending headlines.

Video Transcript

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ADAM SHAPIRO: Welcome back to Yahoo Finance On the Move, and news on the move right now. The federal government executed convicted killer Daniel Lewis Lee this morning at the federal prison in Terre Haute, Indiana. Lee is the first federal prisoner to be executed since 2003. An appellate court delayed that execution, but the Supreme Court, in a 5 to 4 decision, rejected Lee's claim that using pentobarbital for lethal injections was unconstitutional.

JULIE HYMAN: Struggling Chinese coffee chain Luckin has now ousted its chairman and CEO following a shareholder vote. Jinyi Guo, who has been acting CEO since May after Luckin fired its then CEO and COO. The company went public last summer, and shares rose through January but then they collapsed in the wake of revelations that sales were fabricated.

ADAM SHAPIRO: Ford reintroduced its all-new Bronco, which includes a Bronco two-door, first-ever Bronco four-door model, and an all-new small Bronco SUV. They call it the Bronco Sport. The Bronco was discontinued in 1996. The new Bronco will sell between $29,060 and $60,000, depending on which trim level the buyer picks. The Bronco will compete against Fiat Chrysler's Jeep and Jeep Wrangler.

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