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Ford Expanding Production of Profitable Trucks at Plant Meant for EVs

Ford Motor Co. is expanding production of its higher-margin gasoline-powered Super Duty pickup trucks at its Oakville, Ontario, assembly plant, which was meant to be an all-electric plant making only electric vehicles. On Thursday, Ford CEO Jim Farley Announced The company said it will invest $3 billion to expand production of its F-Series Super Duty […]

Soho House says it may go private after short seller says it’s not profitable

Soho House may take its members’ club private after short sellers doubled after the listed company declared it would not make a profit. A review released Wednesday by Glasshouse Research compared Soho House to the now-defunct WeWork. The report puts a zero price target on the New York-based company, which has more than 40 locations […]