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.
From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier. Now, Coca-Cola wants in on the trend. The beverage giant introduced Coca-Cola Spiced, the first new permanent offering to its North American portfolio in three years.
Taylor Swift’s camp is hitting Jack Sweeney, a junior at the University of Central Florida, with a cease-and-desist letter that blamed his automated tracking of her private jet for tipping off stalkers as to her location.
Surprise, surprise: tech is still the sector to watch, according to Karyn Cavanaugh, Chief Investment Officer at Carolinas Wealth Management. Learn how to properly diversify your portfolio.
Facebook and Instagram users will start seeing labels on AI-generated images in their feeds. Hopefully this will save time for everyone zooming in each picture to see how many fingers someone's hand has.
Seth Schachner, Managing Director at StratAmericas, weighs in on Spotify earnings and why that headline-grabbing deal with Joe Rogan could be worth that $250 million.
