Ford Motor Co. is tapping Jim Hackett as its new president and CEO to replace Mark Fields, who is retiring. The move comes as the automaker struggled to adopt a new strategic vision regarding mobility and technology in the face of declining stock value.
The OEM has lost nearly 40% of its stock value over the last three years, according to analysts.
read more
...Read the rest of this story
TOKYO (AP) — Sony's leader promised a comeback for the Japanese electronics and entertainment company having its best profitability in two decades.
The Latest on an explosion at an Ariana Grande concert in Manchester, England, that authorities say killed several people. (all times local): 1:20 a.m. Greater Manchester Police say 19 people have been ...
19 dead in explosion at Ariana Grande concert in Manchester, England. Police treating event as...
The White House on Tuesday will ask Republicans who control the U.S. Congress - and federal purse strings - to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. President Donald Trump is set to propose a raft of politically sensitive cuts in his first full budget, for the fiscal year that starts in October, a proposal that some analysts expected would be put aside by lawmakers as they craft their own budget and spending plans. Trump, who is traveling overseas and will miss the unveiling of his plan, wants lawmakers to cut $3.6 trillion in government spending over 10 years, balancing the budget by the end of the decade, according to a preview given to reporters on Monday.
American Islamic Forum for Democracy President Dr. Zuhdi Jasser on President Trump's speech in Saudi Arabia.
While everyone else is distracted with the 'noise,' Templeton Emerging Markets Group executive chairman Mark Mobius thinks the White House will get things done.
