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Business•AUG 3, 2024

Ford Cancels Plans for Large Electric SUV Amid Changing Market Demand

Ford Motor Company has announced it is canceling plans for a new large electric SUV, citing shifting market demand and softer-than-expected consumer interest. The automaker expects to take a $1.9 billion write-down as a result, reflecting the growing challenges in the electric vehicle (EV) industry.

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Lifestyle•AUG 3, 2024

Hurricane Debby Slams Florida and East Coast, Causing Billions in Damage

Between August 3 and 10, 2024, Hurricane Debby tore through Florida before moving up the East Coast, causing widespread destruction. The storm left 10 dead and inflicted an estimated $7 billion in damages, making it one of the most costly hurricanes of the year. Recovery efforts are now underway in the hardest-hit regions.

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