Ford expects to rack up EV losses of as much as $5.5B in 2025, sending shares skidding

Ford expects to rack up EV losses of as much as .5B in 2025, sending shares skidding

Ford Motor on Wednesday projected as much as $5.5 billion in losses on its electrical automobile and software program operations this 12 months, a loss just like final 12 months and an indication of the extreme difficulties in reducing prices on battery-powered fashions. The automaker forecast general profitability for 2025, however even that was decrease than … Read more

Antetokounmpo scratched simply earlier than Bucks’ sport towards Hornets due to tightness in left calf

Antetokounmpo scratched simply earlier than Bucks’ sport towards Hornets due to tightness in left calf

Milwaukee Bucks’ Giannis Antetokounmpo tries to get previous Memphis Grizzlies’ Luke Kennard through the first half of an NBA basketball sport Sunday, Feb. 2, 2025, in Milwaukee. (AP Photograph/Morry Gash) (Morry Gash, Copyright 2025 The Related Press. All rights reserved.) CHARLOTTE, N.C. – Giannis Antetokounmpo was scratched simply earlier than the Milwaukee Bucks’ sport towards … Read more

Temu steers customers to ‘native’ merchandise after Trump ends de minimis

Temu steers customers to ‘native’ merchandise after Trump ends de minimis

A package deal from Temu is seen in entrance of a display with the Temu emblem. (Photograph by Nikos Pekiaridis/NurPhoto through Getty Pictures) Nurphoto | Nurphoto | Getty Pictures Chinese language on-line retailer Temu has been surfacing extra merchandise on its app that may be shipped from warehouses within the U.S. following President Donald Trump’s … Read more

Information Corp tops earnings expectations on power at Dow Jones, actual property and ebook publishing models

Information Corp tops earnings expectations on power at Dow Jones, actual property and ebook publishing models

Information Corp — proprietor of The Submit and The Wall Road Journal — reported better-than-expected quarterly earnings on Wednesday, pushed by development in its digital actual property, Dow Jones and ebook publishing divisions. Information Corp CEO Robert Thomson touted the corporate’s “three pillars of development,” which drove a 58% improve in income for the second … Read more

Trump administration plans to stress the IOC to give you a uniform transgender athlete ban

Trump administration plans to stress the IOC to give you a uniform transgender athlete ban

President Donald Trump is able to take his battle towards transgender athletes to the Worldwide Olympic Committee. Trump stated Wednesday throughout a signing ceremony for an government order aimed toward banning transgender athletes from girls’s sports activities that his administration desires the IOC to “change every part having to do with the Olympics and having … Read more

Ford CEO requires ‘complete’ tariff evaluation for all international locations

Ford CEO requires ‘complete’ tariff evaluation for all international locations

Ford Motor Co., CEO Jim Farley provides the thumbs up signal earlier than asserting Ford Motor will associate with Chinese language-based, Amperex Expertise, to construct an all-electric car battery plant in Marshall, Michigan, throughout a press convention in Romulus, Michigan February 13, 2023. Rebecca Prepare dinner | Reuters DETROIT — Ford Motor CEO Jim Farley … Read more