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CNBC BusinessDec 16, 2025
Ford to record $19.5 billion in special charges as it pulls back on EV plans
The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, Ford announced Monday.

RELATED ARTICLES
Ford Takes a $19.5 Billion Hit on Its Electric Trucks. 'We Are Pivoting.' (Entrepreneur.com)
Ford's $19.5 billion EV writedown signals tough road ahead for legacy carmakers - Reuters (Google Business News)

NPR Topics: BusinessDec 16, 2025
Trump sues BBC for $10 billion, accusing it of defamation over Jan. 6 speech edit
The British broadcaster apologized to Trump last month, calling the edit an "error of judgment," but denies its reporting was defamatory.

Entrepreneur.comDec 16, 2025
Elon Musk Just Became the First Person Ever Worth $600 Billion. Here's Why.
His net worth has crossed into territory once thought unreachable.

RELATED ARTICLES
Elon Musk Just Got a Lot Closer to Trillionaire Status (Inc.com)

MarketWatchDec 16, 2025
Here's why Pfizer is revising its revenue forecasts down
The drugmaker revised its revenue guidance for 2025, saying it now expects $62 billion in revenue for the year.

MarketWatch Breaking NewsDec 15, 2025
Why Ford is scrapping major EV plans and taking a $19.5 billion hit

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