Ford Ousts North American Chief, Geely Invests Big in Daimler
Marty Padgett, editorial director at Motor Authority, discusses the ousting of Ford's North American President Raj Nair following allegations of inappropriate behavior.
Padgett says this is Ford's #MeToo moment. We talk about the allegations of sexual and racial harassment at Ford plants detailed in a New York Times report a few weeks ago. Padgett expects more revelations to come out around sexual harassment in the auto industry. After speaking with his female colleagues, Padgett says they were surprised Nair's ouster didn't happen sooner.
Padgett also weighs in on Geely's purchase of a $9 billion stake in Daimler. The deal should give the Chinese holding company access to Daimler's board and electric car technology.
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.
