Ford Motor’s recent announcement about delaying the production of a next-generation all-electric pickup truck and canceling plans for a three-row electric SUV signifies a significant shift in the company’s electric vehicle strategy. Instead, Ford will now focus on developing hybrid models and electric commercial vehicles to ensure a capital-efficient and profitable electric vehicle business. The
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On Wednesday, Asian markets experienced a downturn following a halt to the eight-day winning streak of U.S. benchmark indexes, the S&P500 and the Nasdaq Composite. The S&P 500 dropped by 0.2%, while the Nasdaq Composite fell by 0.33%. Additionally, the Dow Jones Industrial Average saw a decrease of 0.15%. Japan’s trade data for July revealed
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Sen. Bernie Sanders, I-Vt., made waves during his primetime appearance at the Democratic National Convention by reiterating his unwavering support for policies that diverge from Vice President Kamala Harris’ campaign platform. Despite knowing that Harris does not share his stance on universal healthcare, Sanders boldly advocated for guaranteeing health care to all individuals as a
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Vice President Kamala Harris has shattered records by raising close to $500 million in just one month following President Joe Biden’s exit from the presidential race. This incredible amount includes contributions to Harris’ campaign as well as various fundraising entities associated with her electoral efforts. There is an anticipation that this number will surge to
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