Ford Pauses F-150 Production and Deliveries, Plans Job Cuts in Europe
Ford paused production and deliveries on its F-150 electric pickup due to a possible battery issue and also announced it planned to cut jobs in Europe.
Stocks fall for a second day on Wall Street due to weak job data and recession fears. The VIX surges over 60, showing high anxiety and a potential rebound.
A new CEO takes over the embattled planemaker. Plus: Elon picks a fight, the Fed might finally cut rates and Microsoft makes a lot of money but not enough.