Ford CEO Jim Hackett to retire and be replaced by COO Jim Farley

“I love Ford and I am honored by the opportunity to serve and create value for Ford’s employees, customers, dealers, communities and all of our stakeholders,” Farley said in the release. “I am so excited to work together with the whole Ford team to realize the full potential of this great company in a new […]

Ford Motor COO Jim Farley to succeed Hackett as CEO

Ford Motor Co’s Jim Farley, who is chief operating officer, will succeed Jim Hackett as the auto maker’s chief executive and president on Oct. 1, the company said on Tuesday.Farley, 58, joined Ford in 2007 and headed the company’s New Businesses, Technology and Strategy group before being named COO in March.Hackett and Farley will work […]

Ford CEO to retire Oct. 1, hand reins to COO

“I am very grateful to Jim Hackett for all he has done to modernize Ford and prepare us to compete and win in the future,” Executive Chairman Bill Ford, the great-grandson of Henry Ford, said in a statement. Hackett has also served on the company’s board of directors since 2013.

US STOCKS-Pandemic boost for Big Tech set to drive Wall St higher

Oil majors Chevron Corp shed 3.5% after reporting an $8.3 billion loss on asset writedowns from plummeting fuel prices, while ExxonMobil Corp dropped 1.3% after a second consecutive quarterly loss. (Reporting by Medha Singh and Devik Jain in Bengaluru; Editing by Shounak Dasgupta and Saumyadeb Chakrabarty)

US STOCKS-Nasdaq futures jump as Big Tech booms during pandemic

A surge in the stock price of the four companies, which make up nearly a fifth of the S&P 500’s value, as well as aggressive fiscal and monetary stimulus have sent the tech-heavy Nasdaq to record highs and set the S&P 500 on course for its fourth straight monthly gain.

Ayodhya awaits its big day, outsiders not welcome

Police barricades, yellow banners, walls with a fresh coat of paint and the sounds of bhajan mark parts of Ayodhya as the city awaits its big day on Wednesday, when the first brick will be laid for the Ram temple.

What we learned from the Big Tech hearing—about handling tense virtual meetings

Don’t get caught in the weeds. As part of a long question suggesting that Google searches result in not the most relevant but what is most profitable to Google, Rep. David Cicilline ended by throwing out estimates of ad revenue. “What’s the actual value? Two hundred, $300 billion?” Pichai tried to set the record straight, […]

New Abu Dhabi Film Commission Head Talks Building Studio Space, Attracting Hollywood & Whether The UAE Could Get A Major Film Festival

FRAIKIN: When COVID reared its ugly face, the government was really fast to react in terms of testing and safety measures. Abu Dhabi was one of the only places in the world where production continued. $100M of production has taken place during the last four months. The first ever Arabic soap opera, a show called […]

Voter Services Readies For Big Chester Co. Mail-In Vote Count

He said that apply for a mail-in ballot on Oct. 27 would not leave enough time to get the ballot and then return it. “There’s no way,” he said. “So, we’re trying to communicate they need to get it in mail by Oct. 20 just to be safe.” Ballots must be received by 8 p.m. […]