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☆ Ford balances growth and profits in a promising quarter, keeps its stock rating
▼ + stars: | 2023-07-27 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Earnings before interest and taxes (EBIT) increased slightly to $3.79 billion, well ahead of analysts' predictions for EBIT of $3.16 billion. With Thursday's results, management shows it is playing to win and that the fourth quarter was an outlier. Strong profitability and cash flow generation overall in the second quarter provided the much-needed offset. Quarterly commentary Ford Blue, which represents Ford's gas-powered and hybrid vehicles, delivered a strong quarter and was again profitable in every region in which it operates. By segment, Ford expects Ford Blue to deliver full year EBIT of "about $8 billion," up from about $7 billion, and Ford Pro's EBIT to be "approaching $8 billion," up from $6 billion.

Persons: Jim Farley, we've, Farley, we're, Ford, Ford Pro's, Jim Cramer's, Jim Cramer, Jim, Jeff Kowalsky Organizations: Ford, Refinitiv, Management, Ford Model, Ford Pro, CNBC, Electric Vehicle, AFP, Getty Locations: North America, Europe, EBIT, Dearborn , Michigan

☆ The Gas-Guzzler Business is Still Trucking
▼ + stars: | 2023-05-03 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

A Ford F-150 under production at the company’s plant in Dearborn, Michigan. Photo: jeff kowalsky/Agence France-Presse/Getty ImagesDetroit has a rocky road ahead, but it also has cash to navigate it. First-quarter results from General Motors, Ford and Chrysler-owner Stellantis beat expectations across the board, but investors weren’t impressed. They are more focused on Tesla ’s price war in electric vehicles and the U.S. Federal Reserve’s rate increases, which are pushing up consumers’ monthly vehicle payments.

☆ Ford doubles down on EVs, while Wall Street looks to Disney for answers. Here's our take on these Club stocks
▼ + stars: | 2023-04-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Walt Disney (DIS) is facing skepticism from Wall Street over its streaming strategy and softer growth at its parks, while Ford Motor (F) is expanding its electric vehicle production. Disney currently owns a 66% stake in Hulu, while its other streaming platforms include Disney+ and ESPN+. Ford Motor The news: Club holding Ford on Tuesday announced a $1.3 billion investment in its Oakville assembly plant in Ontario, Canada. F 1Y mountain Ford (F) one-year performance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Iowa's GOP AG has stopped funding for emergency contraception and abortion for victims of sexual assault, say reports
▼ + stars: | 2023-04-09 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +3 min

The Iowa AG Office has paused funding emergency contraception and abortion for victims of sexual assault. The Iowa decison comes as abortion access across the US may become even more inaccessible. Under Iowa's previous Democrat attorney general, Tom Miller, the state provided funding for Plan B – the emergency contraceptive pill – and in rare cases, paid for abortions. However, it was announced on Saturday that Republican Attorney General Brenna Bird, elected last fall, had decided to pause the funding. JEFF KOWALSKY/AFP via Getty ImagesThe move comes as abortion access across the US may become even more inaccessible.

☆ Death of Tyre Nichols revives calls in Congress for policing reforms
▼ + stars: | 2023-01-29 | by ( Ashley Capoot | ) www.cnbc.com time to read: +4 min

Protesters rally against the fatal police assault of Tyre Nichols, outside of the Coleman A. Five Memphis officers, also all Black, were charged with second-degree murder in the beating of Tyre Nichols, who died in hospital on January 10 three days after being stopped on suspicion of reckless driving. Durbin added that he would not rule out a federal investigation into the entire Memphis Police Department following Nichols' death. Some policing reforms were already in place in Memphis at the time of Nichols' death, including a requirement for officers to de-escalate situations where they saw others using excessive force. "Just as much those officers are responsible for the death of Tyre Nichols, so is the implicit bias police culture that exists in America," Crump told ABC's "This Week."

☆ After baby formula problems, Abbott Laboratories under DOJ investigation
▼ + stars: | 2023-01-21 | by ( Laura Strickler | Laura Strickler Is A Senior Investigative Producer | Reporter For Nbc News. She Is Based In Washington. | ) www.nbcnews.com time to read: +2 min

Abbott Laboratories is under investigation by the U.S. Department of Justice, the company confirmed Friday, almost a year after it shut down a Michigan baby-formula plant after illnesses were reported. Abbott did not specify what aspect of the company is under Justice Department scrutiny. “DOJ has informed us of its investigation and we’re cooperating fully,” an Abbott spokesperson said in a statement to NBC News. The Abbott manufacturing facility in Sturgis, Mich., on May 13, 2022. Abbott voluntarily shut down production at its Sturgis infant formula manufacturing plant on Feb. 17, 2022, after infants who consumed formula made at the plant became sick.

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

By the end of Election Day, approximately 21,000 total interviews will be conducted. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

☆ Chrysler and Jeep parent Stellantis offering buyouts to some U.S. salaried employees
▼ + stars: | 2022-10-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

- Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan stock exchanges. Stellantis -- created by the merger of France's PSA and US-Italian rival Fiat Chrysler -- is the world's fourth-biggest automaker by volume. (Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY/AFP via Getty Images)DETROIT – Jeep and Chrysler parent company Stellantis is offering buyouts to some of its 13,000 U.S. salaried employees, as the automaker attempts to cut jobs and realign its workforce for electric vehicles and software services. A Stellantis spokeswoman declined to say how many domestic salaried employees are eligible for the program, or whether the automaker has a target for how many workers it would like to take the packages. The automaker, which was formed by the merger of Fiat Chrysler and France-based Groupe PSA in January 2021, offered similar buyouts a year ago to pension-eligible employees.

☆ Covid-19 Vaccine Rollout Carries Lessons for Pharma Supply Chains, Says Pfizer Executive
▼ + stars: | 2022-09-24 | by ( Liz Young | ) www.wsj.com time to read: +4 min

Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. As the coronavirus rapidly spread across the U.S. in early 2020, Pfizer and Moderna each threw enormous resources behind the effort to perfect vaccines using novel technology that delivers mRNA, a type of genetic material. With the vaccine still under development, the company began designing its supply chain to rapidly scale up production and to start distribution of millions of doses once regulators approved the vaccine. Trucks carrying the first shipment of Pfizer’s Covid-19 vaccine in December 2020. Pfizer created a shipping container about the size of a suitcase that was packed with vaccine vials and dry ice to keep the doses effective for up to 10 days.

☆ How Juneteenth, the day commemorating the end of slavery in the US, finally became recognized as a holiday by major companies like Nike and Lyft — and landed in the center of a Trump controversy
▼ + stars: | 2020-06-15 | by ( Taylor Borden | ) www.businessinsider.com time to read: +5 min

While it is not a federal holiday, many companies like Twitter and Nike are now choosing to recognize the day by closing offices. President Donald Trump drew controversy by scheduling a rally in Tulsa, Oklahoma on Juneteenth — the site of a 1921 race massacre. Juneteenth, a portmanteau of "June" and "nineteenth," has been commemorated by Black Americans as an independence day in Texas since 1866. On June 12, NFL commissioner Roger Goodell announced that the league will recognize Juneteenth by closing offices, as well. JEFF KOWALSKY/AFP via Getty ImagesPresident Donald Trump's announcement to start his 2020 election campaign rallies in Tulsa on Juneteenth immediately stirred controversy.

Persons: Donald Trump, —, Abraham Lincoln, General Gordon Granger, Juneteenth, Sen, Bernie Sanders, Jack Dorsey, Roger Goodell, George Floyd, Bastiaan, JEFF KOWALSKY, Donald Trump's, Trump's, Trump, Tim Scott Organizations: Americans, Twitter, Nike, Service, Black Americans, Austin History, Austin Public, House, NFL, Getty Images Trump, Juneteenth, Greenwood, Getty, Republican, CBS Locations: Texas, Tulsa , Oklahoma, Galveston, Austin , Texas, Americas, Minneapolis , Minnesota, Philadelphia , Pennsylvania, Tulsa, Battle Creek , Michigan, AFP, Juneteenth, Lincoln

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