Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.
Read More Wall Street mixed as investors weigh GDP data after tech maulingTag: Ford
Ford Recalls More Than Half A Million Pickup Trucks Due To Downshift Issues
Ford Motor Company is recalling over 550,000 pickup trucks in the U.S. due to transmission issues.
Read More Ford Recalls More Than Half A Million Pickup Trucks Due To Downshift IssuesFord Ends Electric Vehicle Dealership Program, Citing ‘Less Demand’ Than Anticipated
Ford Motor is discontinuing a “controversial” dealership initiative for electric vehicles, which at first required store owners to invest up to $1 million in cash in order to sell EVs.
Read More Ford Ends Electric Vehicle Dealership Program, Citing ‘Less Demand’ Than AnticipatedScarlett Johansson’s OpenAI feud rekindles fear in Hollywood
OpenAI’s apparent homage to the movie “Her” is fueling a backlash against artificial intelligence across Hollywood.
Read More Scarlett Johansson’s OpenAI feud rekindles fear in HollywoodUAW’s influence tested in pivotal Alabama Mercedes-Benz factory union vote
The outcome of a vote on Friday by workers at a Mercedes-Benz factory in Alabama will be a key referendum on whether the UAW can maintain momentum in the historically anti-union South.
Read More UAW’s influence tested in pivotal Alabama Mercedes-Benz factory union voteFord Loses $1.3 Billion On Electric Vehicles In First Quarter of 2024
Ford Motor Company reported a loss of $1.3 billion in the first quarter of 2024 on electric vehicles or more than $130,000 for each EV sold.
Read More Ford Loses $1.3 Billion On Electric Vehicles In First Quarter of 2024