Ford and VW discuss broad partnership potential
Auto industry observers say Ford Motor Co and Volkswagen are flirting with a large scale alliance as they move beyond small partnerships. Analysts note Ford dominates US sales with F-Series and SUVs while VW leads in Asia and Europe. a full merger could reshape global auto strategy. A Memorandum of Understanding was signed in June to explore joint projects including commercial vehicles. officials caution no definite decision has been made.
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South America
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Thomas Sedran
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Hanover
Trump seeks five percent cuts across major agencies
President Trump called on all cabinet agencies to draft five percent budget cuts next year with possible exemptions and likely no Pentagon reduction. He urged trimming waste at a cabinet meeting while Congress must approve any changes, as deficits and spending rise.
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College tuition creeps up nationwide
The College Board report shows net costs for public four-year colleges at 14,880 for 2018 18 with room and board, down slightly from last year, while private nonprofits rise to 27,290 in net cost. Published price remains high at 48,510 with grants averaging 21,220. Federal grants inch up to 41.7 billion.
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