Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019

Ford reports 7.1% increase in U.S. new vehicle sales as industry marks best year since 2019

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT – Ford Motor’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than the overall industry’s growth. Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company…

JD Sports shares plunge 20% after profit warning

JD Sports shares plunge 20% after profit warning

Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than previously predicted after a worse-than-expected festive trading period. It blamed more promotions and price discounting than anticipated, which it said reflected “more cautious consumer spending”. It…

Column: The truth about the Harvard president’s ouster

Column: The truth about the Harvard president’s ouster

You may have heard during the last few days about the resignation by the president of a smallish university in New England. Pundits, politicians and alumni are currently locked in a debate over whether Claudine Gay’s decision to step down after only a months-long tenure as president of Harvard was due to accusations that she…

Remote workers actually aren’t more productive. Will bosses finally call them back in this year?

Remote workers actually aren’t more productive. Will bosses finally call them back in this year?

These days, it looks like the bloom is coming off the rose for remote work: Many employers are talking tougher. New research shows employees are actually less productive when they work from home full-time. And, with the tight job market starting to slacken, some predict 2024 will be the year employers finally clamp down. But…

Ford adjusts the pricing of its F-150 Lightning EV by as much as $10,000

Ford adjusts the pricing of its F-150 Lightning EV by as much as $10,000

The Ford F-150 Lightning Electric Truck. John Tlumacki | Boston Globe | Getty Images DETROIT — Ford Motor is increasing the price of some 2024 F-150 Lightning models, while lowering the costs of its most expensive models. The Detroit automaker confirmed Wednesday that new starting prices for the pickup will range from $54,995 for an…

Column: In their war on children’s health, red states reject federal meal program for low-income families

Column: In their war on children’s health, red states reject federal meal program for low-income families

Question: Is there anything more absurd than red state governors rejecting federal programs that directly benefit their constituents? Easy answer: Yes. It’s the explanations they give to make their actions appear to be sober, responsible fiscal decisions. The Republican governors of Iowa and Nebraska brought us the most recent examples of this phenomenon just before…

California lawmakers want to curb retail theft, but say it’s not as easy as it sounds

California lawmakers want to curb retail theft, but say it’s not as easy as it sounds

While California lawmakers feel pressure to address concerns about crime, the murky and sometimes contradictory evidence of an increase in lawlessness has put legislators in a bind. Recent studies show that retail theft has increased in some of California’s big cities — with shoplifting rates jumping nearly 50% in San Francisco since 2019 — while…