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Summerville, GA
Friday, June 23, 2017

Ford to move Focus production to China, sees no US job...

Ford said Tuesday it plans to move production of its Ford Focus small car from the U.S. to China, where it already makes the Focus for Chinese buyers.

Google promises YouTube crackdown on online extremism

Think it will lead to unintentional censorship?

Can Amazon persuade enough people to buy fresh food online?

Can Amazon, the company that persuaded people to buy ever more items online, win enough of them over to having their fresh groceries arrive in an Amazon box?

Low prices, few choices: Discounters remake grocery shopping

The push could further pressure grocery giants like Walmart and Kroger, which are also contending with the growth potential of online grocers and have already been reining in operational costs so they can keep their prices competitive.

Facebook deploys AI to fight terrorism on its network

Facebook has started deploying its artificial intelligence capabilities to help combat terrorists’ use of its service.

Nike to slash 1,400 jobs, cut sneaker styles in shakeup

Nike wants to be more nimble on its feet.

Rolling Stone to pay $1.65M to settle suit over rape story

Rolling Stone magazine agreed to pay $1.65 million to settle a defamation lawsuit filed by a University of Virginia fraternity over a debunked story about a rape on campus

Fed raises key rate and unveils plan to reduce bond holdings

The Federal Reserve has raised its key interest rate for the third time in six months. The Fed believes the US economy is on firm footing. The Fed foresees one additional rate hike this year but gave no hint of when that might occur.

Stocks slip as investors seek safety after weak sales data

U.S. stocks dipped Wednesday as investors worried about weak retail sales and oil prices sank. The Federal Reserve raised interest rates for the third time in six months.

Tests find that most midsize SUVs have unsafe headlights

More than half of the midsize SUVs tested by an insurance industry group were found to have unsafe headlights that did not light up the road far enough or caused glare for oncoming drivers.
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