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Month: March 2022

Ford to run EV, internal combustion divisions separately

By MICHELLE CHAPMAN AP Business Writer Ford will split its electric vehicle and internal combustion operations into two individual businesses to accelerate its adaptation of new technology. The Detroit automaker said Wednesday that its transformation into an EV company is accelerating. Ford plans a major restructuring with two distinct but strategically interdependent auto businesses –

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A growing number of international companies

Here are the companies pulling back from Russia

By CNN Business staff A growing number of international companies, including Apple, Disney and Ford, are dialing back operations in Russia over its invasion of Ukraine. On Tuesday, Exxon announced it would quit its last Russian project, while Boeing said that it had suspended major operations in Moscow. Other global energy players, including BP and

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