Ford Will Take $19.5 Billion in Charges Tied to EV Overhaul

Ford Will Take $19.5 Billion in Charges Tied to EV Overhaul

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu

-Steve Man, Bloomberg Intelligence Autos and Industrials Research Analyst, discusses news that Ford Motor will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.

-Kristina Peterson, Bloomberg News Food Industry Reporter, discusses Kraft Heinz naming a new chief executive officer, with former Kellanova CEO Steve Cahillane set to take over from Carlos Abrams-Rivera on Jan. 1.

-Tim Craighead, Bloomberg Intelligence Global Chief Content Officer, discusses Businessweek’s list of 50 companies to watch in 2026. Analysts at Bloomberg Intelligence track thousands of companies in industries ranging from computers and cars to finance and food.

-Devon Pendleton, Bloomberg Wealth Reporter, discusses the Bloomberg Big Take story: “Saudi Sisters Wield $50 Billion Fortune as Global Power Brokers.” The Olayan Group, a Saudi empire led by sisters Lubna and Hutham, has grown in influence, with a nearly $13 billion stock portfolio in the US and stakes in companies like BlackRock and JPMorgan Chase.

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Episoder(3362)

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Oil Spikes as Middle East War All But Halts Hormuz Ship Strait

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OpenAI Finalizes $110 Billion Funding at $730 Billion Value

OpenAI Finalizes $110 Billion Funding at $730 Billion Value

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27 Feb 23min

Chipmakers Sink as Nvidia Fails to Dispel AI Worry

Chipmakers Sink as Nvidia Fails to Dispel AI Worry

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26 Feb 25min

Instant Reaction: Nvidia’s Upbeat Sales Forecast Shows AI Boom Remains Strong

Instant Reaction: Nvidia’s Upbeat Sales Forecast Shows AI Boom Remains Strong

Nvidia Corp. gave a bullish quarterly revenue forecast, signaling that the build-out of AI computing remains on track, with fiscal first-quarter sales expected to be about $78 billion. The company's o...

25 Feb 24min

Warner Bros. Says Paramount’s New $31 Offer May Top Netflix

Warner Bros. Says Paramount’s New $31 Offer May Top Netflix

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25 Feb 22min

Meta to Spend Tens of Billions of Dollars on AMD Gear, Buy Stock

Meta to Spend Tens of Billions of Dollars on AMD Gear, Buy Stock

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24 Feb 19min

Novo Next-Generation Obesity Shot Falls Short of Lilly Rival

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23 Feb 24min

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