Ford Motors CFO on Q1 Wins and Losses, Expected Cuts
Ford Motors CEO John Lawler joined Cheddar News to talk discuss the company's Q1 wins and losses. The interview follows Ford's earnings report yielded better than expected results. Lawler also said the automaker was expecting to make significant cuts as the company's EV sector continues to lose money.
U.S. health officials are alerting consumers about two more recalls of eyedrops due to contamination risks that could lead to vision problems and serious injury.
The U.S. Department of Agriculture is proposing a new rule to narrow what products qualify for a "Product of USA” or “Made in the USA” label. Now only meat, poultry and egg products from animals "born, raised, slaughtered, and processed in the United States" will make the grade.
The Biden administration sued to block JetBlue Airways' $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
Federal Reserve Chair Jerome Powell will hint that the central bank could increase the pace of interest rate hikes if data indicate price pressures continuing.
