Unintended Rollaways Lead To Recall Of 270,000 Ford Vehicles Unintended Rollaways Lead To Recall Of 270,000 Ford Vehicles
Unintended Rollaways Lead To Recall Of 270,000 Ford Vehicles More than a quarter million Ford vehicles are being recalled in North America due to a transmission glitch that can cause cars to shift gears and roll away. The company announced that the recall is for Fusion models with 2.5-liter engines that were produced between 2013 and 2016. The recalled vehicles were built at Ford’s Flat Rock, Michigan and Hermosillo, Mexico, assembly plants. According to the company, the bushing that attaches the shifter cable to the vehicle’s transmission may detach, which can result in “unintended vehicle movement.” Ford said it is aware of three reports of propert…
This Place Ranks As Poorest In Connecticut This Place Ranks As Poorest In Connecticut
This Place Ranks As Poorest In Connecticut While America is among the richest countries in the world, it is also home to several poor communities, even in Connecticut. A new study by 24/7 Wall St. reviewed the median annual household income of more than 2,600 cities, towns and villages to determine which municipalities are the poorest in each state across the country. “North America, home to less than than 5 percent of the global population, accounts for about one-fourth of global economic output,” 24/7 Wall St. said. “Meanwhile, in South Asia, where nearly 25 percent of the world’s population resides, the region’s economic activity…
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree To Shut Down 390 Family Dollar Stores
Dollar Tree To Shut Down 390 Family Dollar Stores Dollar Tree is closing at least 390 Family Dollar stores and will rebrand 200 others, the company announced in releasing its fiscal fourth-quarter earnings this week. Dollar Tree CEO Gary Philbin announced the plans on Wednesday, which will include renovating some locations to sell alcohol and $1 Dollar Tree merchandise sections. As many as 400 stores will get expanded refrigeration sections and some Family Dollar discount stores will be rebranded to the Dollar Tree brand. In total, the discount chain lost approximately $2.3 billion by the end of the fourth quarter. “We are further acceler…
PepsiCo Experts Think This Small North Jersey Health Food Company Can Make It Big PepsiCo Experts Think This Small North Jersey Health Food Company Can Make It Big
PepsiCo Experts Think This Small North Jersey Health Food Company Can Make It Big A North Jersey company specializing in plant-based beverages is among 10 finalists in PepsiCo's business optimization program. Remedy Organics, located in Englewood Cliffs, and nine other emerging food and beverage brands are part of PepsiCo's first collaborative accelerator program in North America.  The program is giving all 10 startups $20,000 in grant funding along with personal mentorship to accelerate growth. Remedy Organics began as a juice cleanse company in nutritional health counselor Cindy Kasindorf's kitchen. She saw life-changing results from those following the…
Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says
Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says Speculation has swirled since September 2017 when Amazon, the Seattle-based global giant Internet retailer, announced it was seeking proposals from cities and metropolitan areas across North America to compete for its second headquarters. The 500,000 square-foot facility known as HQ2 was expected to include $5 billion in private investment and create as many as 50,000 new high-paying jobs. But now comes a dramatic plot twist. Call it HQ2 times two. The Wall Street Journal is reporting Amazon will evenly split its second headquarters among two cities, dividing the number of jobs …
Westchester-Based PepsiCo Cuts Jobs After Flat Sales Westchester-Based PepsiCo Cuts Jobs After Flat Sales
Westchester-Based PepsiCo Cuts Jobs After Flat Sales Westchester-based PepsiCo reported flat sales in the closing months of 2017 and announced on Tuesday that it will cut jobs while offering bonuses of up to $1,000. The layoffs will affect corporate employees, amounting to less than 1 percent of its more than 110,000 employees, the company said. Bonuses go to those who make PepsiCo's snacks and drinks, and those who deliver them. PepsiCo, whose headquarters is in Purchase, cited a major overhaul of the nation's tax code for the bonuses. PepsiCo did not say how many workers would receive them, or what the criteria is for the size of the bonus…