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The Williams Racing team has won nine World Constructors' Championships and seven World Drivers' Championships in Formula 1. He said all F1 teams faced the challenge of "how to spend the money wisely and be highly efficient." "We won't be as competitive as someone with a few years of experience in F1," Capito said. "It's also a good opportunity for the young drivers. Capito added that he was determined to keep morale high, which "has to come from the leader."
Meta and other Big Tech companies announce layoffs
  + stars: | 2022-11-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta and other Big Tech companies announce layoffsBig Tech has begun to announce layoffs. A look at how this could impact the rest of the economy, with former Ford CEO Mark Fields and RLJ Companies founder Robert Johnson.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic slowdown will force automakers to end price hikes, predicts fmr. Ford CEOFormer Ford CEO Mark Fields give his October auto sales reaction and the impact of rising interest rates and chip shortages on the industry. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Bonawyn Eison and Courtney Garcia.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharging infrastructure has to go in tandem with automakers' sales objectives, says former Ford CEOMark Fields, former Ford CEO and CNBC contributor, joins 'Closing Bell' to discuss if GM's newest electric vehicle is enough to move the needle, if the multi-year goals for automakers have for electric vehicles are realistic and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe impact of a downturn will be less severe for the auto industry, says former Ford Motor CEOMark Fields, former Ford Motor Company CEO and president, joins 'Squawk on the Street' to discuss the auto industry's exposure to supply and demand constraints, pent-up demand due to drops in availability, and the impact of an economic downturn.
watch nowAn oceanfront estate in Southampton, listed at $150 million, stands as the priciest home for sale in the Hamptons — and is struggling to move off the market. The pair of beachfront homes with two pools and a tennis court in the foreground of the photo are the La Dune estate. Aerial view of the La Dune estate from over the ocean. Liam GifkinsThe estate is situated on 400-plus feet of super-prime beachfront along Gin Lane, sometimes referred to as "billionaire's beach." She relisted La Dune in August with a new brokerage firm and raised the ask to $150 million.
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