The Trump Administration has frozen billions of dollars in federal funding to Ivy League schools. These same institutions have endowments bigger than the GDPs of some small countries. So why do these universities need money from the federal government and what’s at stake if they lose it?
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Ford Takes $19.5 Billion Hit As It Pulls Back On Electric...
Ford Motor Company has announced an indefinite suspension of its electric F-150 Lightning production, resulting in a $19.5 billion charge against its earnings. Despite this, the automaker has raised its annual operating profit target to $7 billion, reflecting robust sales of its traditional gasoline-powered vehicles.
