Stocks rose again on hopes for a Federal Reserve rate cut in September, adding to a mostly steady run since a selloff earlier this month.Paramount extended the window during which it can listen to competing offers to its merger agreement with Skydance.After a selloff prompted by fears about the economy earlier this month, markets have largely been steady. The three major U.S.
at a new plant in Tennessee and scraps plans for a three-row electric SUV. The Detroit automaker said it would instead focus on hybrid models and commercial electric vehicles, in a move CFO John Lawler said would allow Ford to to"focus in where we have competitive advantage." The company said it would take a special noncash charge of $400 million related to the move.in which it can receive competing offers to its merger agreement with Skydance by 15 days.
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