Ford says lucrative F-Series truck production coming back online
DETROIT: Ford Motor Co said on Wednesday that production of its best-selling and highly-profitable F-150 pickup trucks will resume at its Dearborn, Michigan, plant on Friday, which had been closed due to parts shortages caused by a fire at a key supplier.
The No. 2 U.S. automaker said that F-150 ...
Songs of SolomonLAME-DUCK periods can last for only so long. It was clear beforehand that a Goldman Sachs earnings call this week would be packed with questions about succession. When would the chief executive, Lloyd Blankfein, step down? (He had said in March he was leaving, but gave no date.) What would his departure mean for the firm’s other over-achievers? Several had already decamped, including Harvey Schwartz, the bank’s co-president and co-chief operating officer. Left as heir-apparent was the man he had shared both jobs with, David Solomon, but with no hint of when his elevation would take place.On July 17th Goldman ended the speculation by confirming the choice of Mr Solomon as CEO and saying that he would take over in October, earlier than predicted. Quarterly results presented that day by Martin Chavez, the chief financial officer, who is thought to be in his own succession battle to replace Mr Solomon, beat forecasts. Still, the share price sagged....Continue reading
Together, the companies will launch Wongnai POS, a free restaurant management system that will help connect restaurant owners to Wongnai users Wongnai, an online restaurant review platform in Bangkok, has announced a US$1 million investment in FoodStory, a 5-year-old restaurant POS company in Thailand. Together, the companies will launch Wongnai POS, a free restaurant management […]
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