Sectors
Continued oil price crash reached lowest level
The U.S. crude oil's price continued to crash allowing it to reach its lowest level in more than six years. Benchmark U.S. crude oil has fallen to $1.88 equivalent to 4% making it settle at $43.08 a barrel In New York City, which is at its lowest since March 2009. The front-month continuation contract for U.S. crude had previously struck a 2015 low of $42.03.
Ford Targets Emerging Markets with Frugal India Build, In a Bid to Compete With its Rivals in 5th Largest Auto Market
In a bid to penetrate the fifth largest auto market in the world, Ford Motor Co will be using the new engineering strategy it learned from India, which lets them develop compact model through low-cost production.
Verizon dumps annual contracts; Here's how to save money with your phone bills
This may come as a shock to most, but Verizon will eliminate its two-year service contracts on Thursday, along with its $100 or $200 discount phone offerings.
Ford Motor Company moves production of F-650 and F-750 truck from Mexico to Ohio
Ford Motor Company will announce on Wednesday the shifting of its F-650 and F-750 truck production in Ohio from Mexico to cut costs.