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☆ Ohio GOP Senate nominee Bernie Moreno benefited from the kind of diversity initiative that Republicans hate
  + stars: | 2024-03-26 | by ( Bryan Metzger | ) www.businessinsider.com   time to read: +6 min
Read previewBernie Moreno, the GOP nominee for US Senate in Ohio, has long staked his political identity on the car dealership empire he once oversaw. Related storiesBut Moreno benefited from Mercedes-Benz's push for diversity in more ways than one. "They wanted a minority operator there," Moreno said during the 2014 hearing, according to a transcript obtained by Business Insider. Despite Moreno acknowledging that he benefited from Mercedes-Benz considering diversity when deciding who could buy the dealership, he maintains that he is opposed to affirmative action programs. Moreno is set to face incumbent Democratic Sen. Sherrod Brown of Ohio in a race that could determine which party controls the Senate.
Persons: —, Bernie Moreno, Moreno, Roger Penske, Mercedes, Reagan McCarthy, Bernie, McCarthy, Democratic Sen, Sherrod Brown of, Brown, Donald Trump Organizations: Service, GOP, US, Business, Republicans, Penske Corporation, Benz, Penske, YWCA Greater, Mercedes, Penske Automotive Group, Democratic Locations: Ohio, Colombia, United States, Boston, North Olmsted , Ohio, Arizona —, YWCA Greater Cleveland, Florida, Chandler , Arizona, Sherrod Brown of Ohio, Massachusetts
☆ A Punishing Year of Thunderstorms Has Led to Record-Breaking Losses
  + stars: | 2023-11-24 | by ( Richard Vanderford | ) www.wsj.com   time to read: +1 min
Weather events known as severe convective storms have led to at least $55.67 billion in insured damage in the U.S. this year through Nov. 13. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. Preview SubscribeA Pfizer drug manufacturing plant in North Carolina was extensively damaged by a tornado in July. So was a Georgia facility owned by cabinet maker MasterBrand in January and a Wyoming coal mine owned by Peabody Energy in June. Dozens were injured when a storm pelted a Colorado music venue with golf-ball sized hail, also in June, while a September hailstorm near Austin, Texas, damaged 750 vehicles owned by auto dealership operator Penske Automotive Group .
Persons: Annie Rice, MasterBrand Organizations: Lubbock Avalanche, Pfizer, Peabody Energy, Penske Automotive Group Locations: U.S, North Carolina, Georgia, Wyoming, Colorado, Austin , Texas
☆ Penske Automotive unit orders 750 Ford electric cargo vans
  + stars: | 2022-04-18 | by ( ) www.reuters.com   time to read: +1 min
April 18 (Reuters) - Penske Truck Leasing has ordered 750 of Ford Motor Co's (F.N) electric E-Transit cargo vans, the unit of Penske Automotive Group Inc (PAG.N) said on Monday. The move comes as several companies including FedEx Corp (FDX.N), UPS (UPS.N) and Deutsche Post (DPWGn.DE) unit DHL are experimenting with electric cargo vehicles as part of their own zero-emission vehicle plans. Penske also said that their long-term plans include adding more of the automaker's E-Transit vans to its wider network of rental, leasing locations across North America. Ford's E-Transit van comes in eight configurations, including three roof heights and three lengths, has an EV driving range of 126 miles. Reporting by Nathan Gomes in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
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