Ford profits rise and recalls loom for Ford in Q2
Ford Motor Co reports a 2 billion dollar second quarter profit up 4 percent, led by North America gains from higher prices on Super Duty F-Series pickups. The company also recalls about 117,000 vehicles nationwide due to potentially fractured seat belt bolts, with free dealer replacement offered.
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Amazon to Hire 50 000 In One Day Job Fair Across U S
Amazon plans a one day job fair at ten shipping sites including Etna Ohio and Hebron Kentucky. Thousands will be offered on the spot for full time and part time roles with health benefits and stock options as the company seeks 100 000 new full time workers by next year.
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Wall Street higher as AT&T Boeing lift markets
Stocks rose toward records with AT&T and Boeing posting strong profits while the Fed held rates, signaling a pause in rate moves and a potential balance sheet reduction. The Dow gained about 0.5 percent to 21,711 while the S P 500 inched up to 2,477.83 and Nasdaq rose to 6,422.75 amid stronger dividend stocks. In Wisconsin Foxconn was noted to plan a $10 billion LCD plant creating about 3,000 jobs, with Amazon set to acquire Whole Foods as it reports continued sales declines.
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