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Jan 4, 2017

01/04/17: Ford’s manufacturing plans

Ford has cancelled a plan for a new $1.6 billion factory in Mexico, saying it will now invest some of that money into 700 new jobs in Michigan. But that’s not the whole story. Next, we’ll talk about a push from Puerto Rico’s new governor for statehood, and look at how steel workers in southwest Illinois are coping with layoffs.

01/04/17: Ford’s manufacturing plans — Carl Court/Getty Images

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Segments From This Episode

How one algorithm and 3,000 ridesharing vehicles could change New York city
by Jed Kim
When you ride around in a city like New York, chances are you’re stuck in traffic. You’ve probably fantasized about ways to reduce gridlock. One new study has worked out that 3,000 computer-directed rideshare vehicles could replace 14,000 free-wheeling New York taxis. What would Manhattan without cabs be like? Click the above audio player to […]
Puerto Rico’s governor pushes statehood to cut debt
by Andy Uhler
Puerto Rico has a new governor. Ricardo Rosselló came into office on Monday and immediately talked about statehood as a key component in his plan to help the commonwealth resolve its debt crisis. Click the above audio player to hear the full story.
Steelworkers boosting tech skills to get back to work
by Kimberly Adams
Kimberly Adams/Marketplace
Laid off steel workers in Illinois find decades of experience may not be enough.
Rex Tillerson has a plan to divest from Exxon Mobil
by Lewis Wallace
NICHOLAS KAMM/AFP/Getty Images
He will let go of his salary, retirement benefits and bonuses.
01/04/17: A New York City without taxis
Later today, financial analysts over the world will look at the Fed minutes from its last meeting, where the board raised interest rates for the second time in a decade. What are the experts hoping to learn from these minutes? Next, we'll dive into a new study that shows 3,000 computer-directed rideshare vehicles could replace 14,000 free-wheeling New York taxis. Finally, a look at the "basic income" experiments that will take place in various parts of the world this upcoming year.

Ford has cancelled a plan for a new $1.6 billion factory in Mexico, saying it will now invest some of that money into 700 new jobs in Michigan. But that’s not the whole story. Next, we’ll talk about a push from Puerto Rico’s new governor for statehood, and look at how steel workers in southwest Illinois are coping with layoffs.