Ford Plans Layoffs After $1 Billion Trump Tariff Hit

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Ford Plans Layoffs After $1 Billion Trump Tariff Hit

Ford Motor Company is reportedly preparing to initiate major layoffs after suffering a blow to profits of at least $1 billion due to tariffs enacted by President Donald Trump.
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Stocks mixed, Dow recovers from earlier losses

U.S. stocks were mixed at the end of trading Monday after opening firmly in the red. The Dow (^DJI) gained 0.15%, or 39.73 points at market close Monday, after shedding more than 200 points earlier in the morning.
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Google will not bid for the Pentagon's $10B cloud computing contract, citing its “AI Principles”

Updated with full text of Google's statement below. Google has dropped out of the running for JEDI, the massive Defense Department cloud computing contract potentially worth $10 billion.
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Dollar dips against yen amid China, Italy woes

The dollar dipped against the yen on Tuesday on simmering anxiety about higher U.S. bond yields, the Sino-U.S. trade war and political turmoil in Europe.
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Tesla says its Model 3 has lowest probability of injury out of all cars ever tested by NHTSA

Tesla said its Model 3 midsize sedan has the lowest probability of causing injury of any vehicle ever tested by the National Highway Transportation Safety Administration.
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