Ford commits 1.2 billion in Michigan plants expansion
Ford announces a 1.2 billion investment in three Michigan sites including 850 million for the Michigan Assembly plant in Wayne to build the Ranger and Bronco, 150 million to expand Romeo engine plant, and 200 million for a new data center in Flat Rock. The plan aligns with 2015 UAW talks and adds 130 jobs in Romeo.
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Wells Fargo agrees to 110 million class action settlement
Wells Fargo will pay 110 million dollars to settle a class action over up to 2 million accounts opened by employees without customer permission. The deal covers customers with unauthorized accounts or products from Jan 1 2009 onward and follows a prior 185 million federal settlement. A regulator downgraded the bank's rating citing aggressive sales practices.
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Musk unveils Neuralink brain computer venture
Elon Musk announces Neuralink a new venture to link brains to computers. The plans aim to treat neural disorders and someday balance humanity with possible future super intelligent machines amid concerns over AI risks.
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Bottled water blends with soda as brands chase premium markets
Bottled water firms led by Coca Cola PepsiCo and Fiji push premium options with bubbles flavors and reverse osmosis to blur lines between water and soda. Lifewtr Smartwater and Aquafina variants target higher prices while plain waters lose share.
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