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Ford says it will stop competing in over-served markets, won’t be all things to all people

Published Mon, 23 Dec 2024 18:04:11 GMT

DEARBORN, Mich. (AP) — Ford CEO Jim Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services.The days of Ford being all things to all people are over, Farley said in a statement ahead of the company’s capital markets day event Monday. He says Ford will be competing differently, going for tailored ownership experiences rather than “jockeying for slivers of market share” with complex vehicles in over-served market segments.The company is expected to detail how it will accomplish this at the daylong event near its headquarters in Dearborn, Michigan.Executives are to explain how Ford will get to a 10% pretax profit margin in 2026. It reiterated 2023 full-year guidance of $9 billion to $11 billion in adjusted pretax profits.Ford Motor Co. also cut deals with a number of companies to supply its rapidly growing electrical vehicle division, Ford Model e. Ford will get more than 100,000 metric ...

Will gas prices be going up for Memorial Day weekend?

Published Mon, 23 Dec 2024 18:04:11 GMT

DENVER (KDVR) — Memorial Day weekend is right around the corner and that means many people will be hitting the road to kick off the summer travel season.Over the last week, gas prices are staying mostly neutral. The average price for a gallon of regular fuel in Colorado is $3.35, which is the exact same as last week, according to AAA. Summer guide to visiting Rocky Mountain National Park Here’s a look at how gas prices compare over time:RegularMid-GradePremiumDieselCurrent Avg.$3.358$3.704$4.001$3.978Yesterday Avg.$3.349$3.712$3.996$3.987Week Ago Avg.$3.351$3.704$3.993$3.992Month Ago Avg.$3.564$3.920$4.212$4.141Year Ago Avg.$4.144$4.472$4.774$5.342AAA, May 22, 2023The national average for a gallon of regular fuel is at $3.54, which is up one cent since last week.“Despite mild weather and a less volatile economic forecast, drivers are not hitting the road and raising gasoline demand to traditional seasonal levels,” said Andrew Gross, AAA spokesperson. “It’s possible this is merely ...

Hockey jerseys can get you free food Tuesday

Published Mon, 23 Dec 2024 18:04:11 GMT

DENVER (KDVR) -- Even though the Colorado Avalanche are no longer in the playoffs, you can show off your home team jersey, or any hockey jersey, on Tuesday to score a free meal.In the midst of the Stanley Cup National Hockey League playoffs, Chipotle announced the deal on Monday, saying that customers who come in after 3 p.m. wearing a hockey jersey can buy one entrée and get a second free. 7 restaurant chains you didn’t know started in Colorado The deal is only redeemable in-restaurant, but can be used for up to five free items per check, according to Chipotle. As long as the customer wearing the jersey picks up the food.If you don't have an NHL jersey, you can still get in on the deal. There is no indication in the terms and conditions that the jersey must be of any specific league, any hockey jersey will do. The promotion happens the night of the third game between the Vegas Golden Knights and the Dallas Stars in the Western Conference Finals.Keep up with the playoffs on the sp...

Wilton Manors PD arrests vandal after intentionally driving into local statue

Published Mon, 23 Dec 2024 18:04:11 GMT

A suspected vandal was arrested in Wilton Manors after they drove into a local statue. Officials said Wilton Manors Police officers responded to Justin Flippen Park on Sunday, just before 11:30 a.m., in reference to public property damage.According to police, witnesses said that it appeared someone had driven into the “Thunder Blue” rabbit statue intentionally.Officers were able to quickly find the driver believed to be responsible and after further investigation, the criminal admitted to being responsible for another vandalism. The man police arrested said he was also responsible for vandalizing a popsicle statue at Rachel Richardson Park on May 16.Detectives said, “These incidents do not appear to be hate-motivated or biased in any way.” The person they took into custody has not been identified but is charged with three counts of criminal mischief.

Record Meta fine masks Europe’s privacy struggle

Published Mon, 23 Dec 2024 18:04:11 GMT

Five years and almost €4 billion worth of fines stemming from tougher privacy enforcement and the European Union is still asking if it’s doing enough to protect personal data.Social media giant Meta was the latest to face a big penalty Monday when Ireland’s privacy watchdog fined it a record €1.2 billion euros for privacy violations under the European Union’s General Data Protection Regulation (GDPR).The blockbuster levy hits at the heart of the technology sector’s ability to transfer data across the Atlantic and orders the company to stop moving Europeans’ data to the United States until Washington provides sufficient checks to keep such personal information safe.For GDPR’s supporters, the fine from Ireland’s Data Protection Commission (DPC) serves as a vindication that the EU’s most feared tech law has bite, not just bark. The law, which came into force on May 25, 2018, has prompted businesses — from Big Tech giants to hotel chains, c...

Debt limit deal remains out of reach as McCarthy and Biden plan to meet again

Published Mon, 23 Dec 2024 18:04:11 GMT

(CNN) — The countdown is on, the stakes are high – and there is still no debt limit deal.President Joe Biden and House Speaker Kevin McCarthy are slated to meet again Monday, following a weekend notable for its lack of progress in trying to reach a deal to avoid the country’s first-ever default on its debt.Negotiations between the White House and the House GOP hit a snag and were put on pause Friday, and representatives of each side spent most of the next two days criticizing the other while defending their own positions.In a sign of a possible thaw, Biden and McCarthy spoke over the phone as the president was aboard Air Force One, heading back to Washington after a shortened trip to Japan. McCarthy told reporters Sunday that the call was “productive.” But that came after Biden had sharply criticized Republicans at a news conference in Hiroshima, where he said he wasn’t able to promise fellow world leaders gathered for Group of Seven talks that the US would not d...

Orioles unveil City Connect uniforms, with colorful interior reflecting Baltimore’s neighborhoods

Published Mon, 23 Dec 2024 18:04:11 GMT

The Orioles on Monday unveiled their City Connect uniforms, paying tribute to Baltimore with a uniform that, like the city, has more to it than what’s visible from outside.With a black uniform featuring much of its color on the interior — which the club noted with pride is a first — the Orioles became the 19th team to participate in the City Connect series, part of a partnership between Major League Baseball and Nike. Orioles players and coaches will first wear the uniforms in a game Friday night against the Texas Rangers.A colorful pastel pattern reflecting the city’s neighborhoods is within the sleeves and collar of the jersey, with a grayscale pattern on the exterior of the sleeves; players can roll up their sleeves to showcase the color. The pastel pattern is also within the caps, which include a white “B” logo taken from the Baltimore script featured on the Orioles’ road jersey, and the tongues of the cleats. The script “B” ...

Murder charge filed in Mansfield slay

Published Mon, 23 Dec 2024 18:04:11 GMT

A Manchester by the-Sea man has been charged with murder in connection with Saturday morning’s cold-blooded killing of a Mansfield man.The Bristol District Attorney’s office on Monday announced the murder charge against  William O’Brien, 22, of Manchester-By-The-Sea for the alleged killing of Samuel P. Waters, 23, of Mansfield  O’Brien had previously been charged with weapons violations in connection with the deadly shooting.The shooting occurred  at 42 West Church St., near Main Street in downtown and the Mansfield MBTA station. The area is heavily residential.Police responded to the scene after receiving a 911 call at at 11:11 a.m.. Upon arrival, they found waters dead at the home.O’Brien, who was already facing charges of carrying an illegal firearm and carrying an illegally loaded firearm, is expected to be arraigned on the murder charges today.

The Nuggets are set up to dominate for years

Published Mon, 23 Dec 2024 18:04:11 GMT

A bit of caution before we delve into the point of this column:Lasting power in the NBA, or any major professional sports league for that matter, is fickle. Injuries happen. Players disappoint. Eyes wander. Owners are forced to sell. Handguns are brandished on Instagram Live. Not too long ago, we were pondering the potential dynasties of the Grizzlies, Suns and Sixers. Now we’re asking if they should break it up.With that being said, the Nuggets, undoubtedly bound for the franchise’s first NBA Finals after handing LeBron an insurmountable 3-0 series deficit, deserve our attention. Not just for the 2023 title, but as the team to beat for the next three seasons.Nikola Jokic, at 28 years old and devoid of any major injuries in his career (playing low to the ground has the benefit of saving ligaments), is already the second best player in the NBA, below only Giannis Antetokounmpo. He is signed until 2028.Three other starters – Jamal Murray, Michael Porter Jr. and ...

Bar Ella to succeed Bub's at the Beach in Pacific Beach

Published Mon, 23 Dec 2024 18:04:11 GMT

SAN DIEGO -- After serving up drinks for 25 years, it's officially the end of an era for the long-time Pacific Beach staple, Bub's at the Beach.A new business is set to replace the beloved sports dive bar, which permanently closed in mid-April. Soon, the beachside spot will become a more elevated joint called Bar Ella.Tavern at the Beach's General Manager Krista Barrella is the soon to be owner of Bar Ella, named as a play on her last name. Backed by The Verant Group, whose footprint is well-known in Pacific Beach with bars like Sandbar and Mavericks, she's looking to transform Bub's to fit a new vision for the neighborhood spot -- something a little more up-scale and vibrant.The logo for Bar Ella, the new bar replacing Bub's at the Beach in Pacific Beach. (Courtesy of Bar Ella)Remodeling and rebranding is already underway: "It's a super open floor plan right now," she said, "trying to create a separation between what will be the dining area versus the bar area."The renovated space ...