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Cars
Ford to Lose $3 Billion on EVs This Year, but Sales Are Rising
Ford expects to lose roughly $3 billion from the electric-vehicle arm of the company this year. The increased losses are…
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Life Style
Feds Cancel $4 Billion in Student Loans for ITT Borrowers
This file photograph shows the ITT Technical Institute campus after ITT Educational Services announced that the school had ceased operating,…
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Life Style
Sweet Settlement Wipes Out $6 Billion in Student Loan Debt
An estimated 200,000 defrauded former college students are set to have $6 billion in federal loan debt wiped clean as…
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Life Style
66K Borrowers Get $1.7 Billion Student Debt Canceled
A major student loan servicing company has reached a settlement that will cancel $1.7 billion in student loan debt for…
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Cars
GM Aims to Invest $3 Billion in Michigan on Electric Vehicles
A Wall Street Journal report today, citing “people familiar with the matter,” says General Motors is planning to spend about…
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Life Style
5 Realities of Retiring Early Like Jeff Bezos When You Don’t Have $211 Billion
Jeff Bezos is now a retiree. Kinda, sorta, that is. Bezos officially stepped down from his role as Amazon CEO…
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Cars
Workhorse Sues USPS over $6 Billion Oshkosh Mail Truck Deal
If you thought the seven-year search for new U.S. Postal Service mail trucks was over, think again. There were three…
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Cars
Hertz May Be Saved from Bankruptcy by $4.2 Billion Deal
Spencer PlattGetty Images Hertz, a rental company that’s offered many enthusiast-minded special-edition rental cars over the years, filed for bankruptcy…
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Cars
Ford Makes $29 Billion Commitment to EVs and Self-Driving Cars
Marc UrbanoCar and Driver Ford announced a $29 billion investment in EVs and autonomous vehicles through 2025. In the future,…
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