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.
Scott Gutz, CEO of Monster.com breaks down the company’s Work Watch Report for 2024, including what’s motivating workers to look for new positions and why they should see A.I. as an opportunity.
Tom Graff, Chief Investment Officer, Facet, discusses what the latest jobs report says about this ‘pretty good’ labor market and why the market should worry less about the Fed’s next decision.
Universal Music Group, which represents artists including Taylor Swift, Drake, and Ariana Grande, has removed its music from TikTok and accused the app of bullying and intimidation.
The average rate on a 30-year mortgage fell 0.06% last week. Although the rate is much higher than it was two years ago, the decline could relieve buyers already dealing with low inventory and high prices.
As millions of Americans are set to retire, John Carter, President & COO of Nationwide Financial, shares what to expect and how consumers of all ages can better prepare for their golden years.
The heated hearing began with recorded testimony from kids and parents talking about being exploited on social media. Throughout the hours-long event, parents who lost children to suicide silently held up pictures of their dead kids.
