Ford to install racing enthusiast as new CEO
Jim Farley drives a 1965 Ford GT40 in his free time. His grandfather was among Henry Ford’s first Model T assembly line workers.
Business
U.S. jobless claims fall to lowest level since COVID shutdown
Americans in late July filed new unemployment claims in the smallest number since March.
Dutch company claims its ‘flying car’ will be the 1st to hit the road
The vehicles says the cars can travel 745 miles on the road and 220 to 310 miles in the air.
Famed 17th-century painting had tech help
An art researcher says one master used camera obscura to help create ‘Las Meninas.’
Car sales lead recovery in U.S. manufacturing
Factory orders for U.S.-made goods increased 6.2 percent in June as shutowns ease.
Google ad revenues decrease for first time in company history
Advertising accounts for roughly 70 percent of the company’s revenue.
Congress presses Big Tech on competition
Bipartisan animus against the tech giants was on display as Amazon, Apple, Facebook and Google CEOs testified.
New Trump regulation impacts progressive investors
Environment- and socially-conscious investors will have to disclose likely lower returns to investors forthe first time.
For first time, Fitch sounds warning on U.S. debt
As federal debt is projected to exceed 130 percent of U.S. economy, Congress debates more spending.