When Mark Fields took charge of Ford Motor Co.’s Americas operations nine years ago, it was a major repair job as they descended into record losses and almost dragged the company into bankruptcy.
Ford Motor Co., beset by higher recall costs and bad weather, earned first-quarter net income of $989 million, down 39 percent from a year ago and less than analysts’ estimates. The shares fell.
Valuations for U.S. financial stocks have fallen so far, it’s like the rebound from the worst crisis since the 1930s never happened.
U.S. stocks rose, capping the market’s biggest two-week rally since November, after New York- area manufacturing expanded and Europe’s efforts to contain its debt crisis bolstered confidence in the global economy.
Arnold Schwarzenegger ’s admission that he fathered a child out of wedlock may dim the political influence of the former California governor. His return to the movie business is unlikely to suffer.
U.S. stocks rallied, with benchmark indexes advancing the most in more than a year, after European policy makers announced a loan package of almost $1 trillion to contain the sovereign-debt crisis.
"It depends on so many factors-- how fast he's going, if he looked away for a second or two, if he was looking down at his cell phone so his eye glanced away."
- Michael Levine on Sep 22, 2014