Ford lays off 700 who were building electric version of F-150
Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.
2023-10-16 23:52
Ford getting complaints about "ear piercing" noise from speakers in F-150 trucks
Ford has gotten about 100 complaints from F-150 truck owners who say the speakers in their vehicles are emitting a loud, annoying noise that sounds like static, or glass shattering, and which cannot be shut off.
2023-08-25 02:17
Wall Street Forecasts Project Profit Recession Ends Next Quarter
With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, but for a broad
2023-08-06 01:28
Home-Power Suppliers Face Slump Despite Grid Outages
Home solar and backup-power companies are facing a slump in US demand despite increased concerns about the reliability
2023-08-03 04:59
European Stocks Slide as LVMH Earnings Weighs on Luxury Sector
European stocks dropped, snapping their longest winning streak since January, as earnings season rolled on and investors looked
2023-07-26 17:59
Italian Stocks Benchmark Heads for Highest Close Since 2008
Italy’s benchmark FTSE MIB index is poised for its highest close in almost 15 years, as investors continue
2023-06-30 17:20
Generac Sees Rising Demand for Backup Power Generators During Texas Heat Wave
Generac Holdings Inc. is seeing rising demand for its backup power generators in Texas, where searing heat has
2023-06-27 07:20
Ryan Reynolds and Rob McElhenney to invest in F1 team
Wrexham owners and Hollywood actors Ryan Reynolds and Rob McElhenney are part of an investor group that has bought a 24 per cent in F1 team Alpine. Renault, the Formula One team’s parent company, confirmed that Reynolds and McElhenney had joined RedBird Capital Partners, the US investment firm who own Italian football club AC Milan and also have stakes in Liverpool owners Fenway Sports Group, in the deal. The 24 per cent equity purchase of £171m values Alpine at around £706m and the team said they will hope to compete for the F1 championship following the increased investment. Alpine, who are based in Britain and were born after Renault rebranded its F1 outfit two years ago, finished fourth in the constructors championship behind Red Bull, Ferrari and Mercedes last season. Reynolds and McElhenney made their first steps into sports ownership when they announced a shock takeover of non-league side Wrexham in 2020. Under their ownership and alongside the popular documentary show Welcome to Wrexham, the Welsh side returned to the Football League with promotion last season following a memorable campaign. Hollywood actor and Creed star Michael B Jordan, who has a minority stake in Premier League team Bournemouth, and US-based Otro Capital are also among the new group of investors in Alpine, the team confirmed. Alpine chief executive Laurent Rossi said: "This association is an important step to enhance our performance at all levels." Read More Ryan Reynolds and Rob McElhenney insist they will not get bored at Wrexham Why Wrexham? How Ryan Reynolds and Rob McElhenney came to buy a club they’d never heard of
2023-06-26 15:26