Jim Furley, the company’s new CEO, has promised to give Wall Street more transparency, after which Ford Motor will be available on a monthly basis as well as in the U.S. The vehicle will represent sales. The decision comes more than a year after Detroit maker Tomaker, following its crosstown …
Read More »GM and Ford knew about climate change 50 years ago, energy holiday trade release exposed
GM President Mark Reese spoke in January about plans for an all-electric SUV and pickup truck at the Detroit-Hemtramac assembly plant. AFP by Getty Images Scientists from the two largest car manufacturers in the United States learned in the early 1960s that emissions from cars and trucks had changed the …
Read More »Kramer downplaces market drop on Trump coronavirus; Get the shopping list ready
CNBC’s Jim Kramer on Friday denied stock market declines over President Donald Trump’s positive test for coronavirus, suggesting investors may consider buying on pullbacks. “I’m not saying this is too much to do,” Kramer said on Squawk. “I say people should have a buy list ready.” Stock futures fell sharply …
Read More »House panel investigates White House trade adviser Navarro after ventilator contract canceled
The House Oversight subcommittee has opened an investigation into all federal agreements reached by White House trade adviser Peter Navarro after the Trump administration abruptly canceled a with 6 million ventilator deal with the Royal Philips, Rep. King Krishnamurti, D-Il. On monday. Krishnamurthy, chairman of the Economic and Consumer Policy …
Read More »Ford and remain under federal investigation into union corruption
The Henry Ford II World Center, Ford Motor Company’s headquarters in Dearborn, Michigan. James Leynse | Corbis | Getty Images DETROIT – Ford Motor remains under federal investigation as part of a multi-year corruption probe into the Union Auto Workers Union, according to the lead prosecutor over the investigation. U.S. …
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