The Department of Energy is looking to cut billions more in federal funding, and many promising startups as well as automakers Ford, General Motors, and Stellantis could be affected by the Trump administration's decision.
Ford Motor Company (NYSE:F) shares fell more than 7% following a report by The Wall Street Journal about a fire at Novelis' aluminum plant in Oswego, New York. The September 16 fire damaged the plant's hot mill, taking much of the facility offline until early next year, per the report.
Shares of Ford Motor Co. plunged more than 7% to $11.82 during early trading on Tuesday after reports that a fire at a New York aluminium plant operated by Novelis could disrupt production at several automakers, including Ford, for months.
OTTAWA, Ontario, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX: CGY), a trusted provider of mission-critical solutions for defence, space, healthcare and other critical infrastructure sectors, today announced that Kevin Ford will retire as Chief Executive Officer after 10 years as CEO and 15 years with the company.
The investment case for Ford (F 3.68%) is more complex than it initially appears. On the one hand, it's an automotive company with a great history trading on a low valuation and whose sum of its parts is worth more than the whole.
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