Ford announced a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. The strategic shift will result in $19.5 billion in charges, the company said Monday. CEO Jim Farley joined

#Ford expects to record about $19.5 billion in special items, mostly during the fourth quarter, the automaker said Monday. The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments. Read more at the #linkinbio or tap on your screen. #CNBC

Ford to take $19.5 billion in charges tied to sweeping EV unwind #shorts #evs #ford

The Ford government is hoping a multi-billion-dollar plan will position Niagara Falls as “a world-renowned tourism destination” complete with more gaming, a new theme park, observation wheel and expanded arts and culture. “Niagara has the potential to be a true tourism powerhouse, a world-class destination that drives Ontario’s economy and keep tens of thousands of Ontario workers on the job, and we’re doing everything we can to unlock that potential,” Premier Doug Ford said at a news conference