Coinbase Criticizes SEC for Ineffective Cryptocurrency Regulations

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Benzinga

Ford To Slash 8,000 Jobs To Boost EV Investment: Bloomberg

Ford Motor Co (NYSE: F) is planning to slash as many as 8,000 jobs to boost investment into electric vehicle manufacturing, Bloomberg reported. The job loss is likely to happen in Ford’s recently formed Ford Blue unit, which is in charge of internal combustion engine vehicle production and other operations. In March, the company created electric vehicle and internal combustion businesses, Model e and Ford Blue, respectively, to compete and win against both new EV competitors and established auto