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Focus: Ford bets on an electric Mustang to charge its turnaround

The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that has been marred by profit warnings, costly quality problems and the troubled launch this year of another important vehicle, the Ford Explorer sport utility. For Chief Executive Jim Hackett, the Mach E’s aggressive design and futuristic interior represent a long-awaited, visible sign of the overhaul of the company’s product creation process that he has tried to explain to …read more […]

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Ford bets on an electric Mustang to charge its turnaround

The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that has been marred by profit warnings, costly quality problems and the troubled launch this year of another important vehicle, the Ford Explorer sport utility. For Chief Executive Jim Hackett, the Mach E’s aggressive design and futuristic interior represent a long-awaited, visible sign of the overhaul of the company’s product creation process that he has tried to explain …read more […]

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FOCUS-Ford bets on an electric Mustang to charge its turnaround

The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that has been marred by profit warnings, costly quality problems and the troubled launch this year of another important vehicle, the Ford Explorer sport utility. For Chief Executive Jim Hackett, the Mach E’s aggressive design and futuristic interior represent a long-awaited, visible sign of the overhaul of the company’s product creation process that he has tried to explain to …read more […]

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Ford Unveils Electric Mustang SUV to Challenge Tesla Dominance

(Bloomberg) — Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.In a splashy ceremony Sunday ahead of the Los Angeles Auto Show, the carmaker unveiled the Mustang Mach-E, a swoopy hatchback with distinctive pony-car haunches and familiar shark nose that it claims has the power to take on Porsche. When it goes on sales next fall, Ford hopes to convince mainstream buyers its electrified Mustang is an alternative to the Tesla …read more […]

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Kissinger Associates' Hormats on U.S.-China Trade Talks

Nov.17 — Robert Hormats, vice chairman of Kissinger Associates and a former U.S. Under Secretary of State, talks about the trade negotiations between the world’s two biggest economies. U.S. and Chinese trade negotiators held “constructive discussions” in a phone call on Saturday to address each side’s core concerns of phase one of the trade deal. Hormats speaks with Paul Allen and Shery Ahn on “Bloomberg Daybreak: Asia.” …read more […]

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TikTok owner ByteDance plans to launch music streaming -FT

TikTok owner Beijing ByteDance Technology Co Ltd is in talks with big music labels – Universal Music , Sony Music and Warner Music – for global licensing deals to include their songs on its new music subscription service, the Financial Times reported on Sunday. ByteDance is looking to launch its music streaming as soon as next month, initially in emerging markets such as India, Indonesia and Brazil, before a future opening in the United States, the FT reported https://on.ft.com/37brU3U, citing people familiar with the matter. In addition to on-demand music, ByteDance’s app will include a library of short …read more […]

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Hong Kong Braces for Another Week of Chaos

Nov.17 — Hong Kong police and protesters hardened their battle lines over the weekend as violent clashes showed no signs of abating. The police stormed into Hong Kong Polytechnic University after an all-night standoff with protesters, the Associated Press reported. Stephen Engle reports on “Bloomberg Daybreak: Australia.” …read more […]