Ford has taken a significant step beyond its traditional car business by launching a new energy division and signing a five-year renewable energy agreement with EDF Group's North American division. This deal marks Ford's first public move in its energy ambitions, signaling a strategic shift toward sustainability and expanding its focus on software and services. The partnership with a major French electric utility highlights Ford's commitment to integrating renewable energy into its operations and future growth plans.
Ford announced a major product and service rollout in Europe, introducing five new multi-energy passenger vehicles and expanding its commercial vehicle lineup with connected services to boost productivity. The strategy, supported by the new Ready-Set...
Inflation in the U.S. surged to 3.8% in April, the highest since May 2023, driven by energy and transportation costs amid geopolitical tensions. Producer inflation also jumped sharply, fueling concerns about persistent price pressures. This has led b...
Canada has approved the import of 49,000 Chinese-made electric vehicles (EVs) annually at a reduced tariff rate of 6.1%, significantly lower than the 100% tariff on other Chinese vehicles. This move allows Canadian auto dealers to sell Chinese EVs, w...
Ford shares fell 7% intraday after a recent 20% surge in one week, driven by profit-taking rather than any fundamental change. The company recently raised its full-year guidance, and operational performance remains strong. Tesla also dropped 4%, infl...
With low yields on the S&P 500 and money-market rates falling due to Fed easing signals, income investors seek higher-yield stocks under $30 that combine attractive dividends with analyst support. AGNC Investment offers steady monthly dividends backe...
