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Ford scrapped plans for a large electric sport-utility vehicle and expects to take $1.9 billion in related special charges and write-downs as demand softens.
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CBS News - Top stories
California man charged for allegedly starting Line Fire, authorities say
Three major wildfires are burning in California Thursday as police charge a 34-year-old man for allegedly starting the Line Fire in San Bernardino County. CBS News Los Angeles reporter Rick ...27 minutes ago - California -
CBS News - Top stories
Senate expected to hold Steward Health CEO Dr. Ralph de la Torre in contempt
For nearly two years, the CBS News investigative unit has documented how private equity and other investor groups have siphoned hundreds of millions of dollars from community hospitals with ...29 minutes ago -
ABC News - World
Managers of a state fuel company in Trinidad are charged in the 2022 deaths of four divers
Managers of a state-owned fuel trading company in Trinidad and Tobago are facing 15 charges linked to the 2022 deaths of four divers who became trapped in a pipeline while repairing it31 minutes ago -
The Wall Street Journal - World
DSV Takes Lead in Bidding for Deutsche Bahn's DB Schenker
The combination would create the world’s largest freight forwarder.35 minutes ago -
The Wall Street Journal - Business
Sibanye-Stillwater Cuts Guidance, Swings to Wider-Than-Expected Net Loss
Sibanye-Stillwater cut its gold production guidance for the year and posted a swing to a wider net loss than analysts had expected for the half year.40 minutes ago -
The Wall Street Journal - Business
Verizon to Post $1.4 Billion Severance Charge After 4,800 Workers Take Buyout
Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer.41 minutes ago -
NBC News - Top stories
Harvey Weinstein indicted on new charges by New York grand jury
Harvey Weinstein, the disgraced mogul whose alleged sexual misconduct fueled the #MeToo movement, has been indicted on new charges by a New York City grand jury.54 minutes ago - New York -
Yahoo News - World
The Palestinian economy is in free fall and will require billions to rebuild, the UN says
56 minutes ago -
Yahoo News - World
Zelensky says three killed in Russian attack on Red Cross vehicles
1 hour ago - Russia -
Politico - Politics
Lawmakers search for Plan B on spending
17 hours ago
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Gold prices climbed after the latest U.S. inflation data further bolstered expectations for a standard quarter-point interest-rate cut next week.22 minutes ago - Federal Reserve -
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