Business News - The Last 24 Hours

Ford to add $3.8B to pension plans this year
AP - 5 hours 25 min ago
DETROIT (AP) -- Ford Motor Co. says it will pump $3.8 billion into its global pension plans this year as it tries to get them closer to fully funding their obligations....
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BusinessWeek - Ford Boosts Pay for Directors 25%, Raises Edsel Ford II Fees - 7 hours 23 min ago
Ford Motor Co. boosted annual compensation for board members by 25 percent and will pay 29 percent more to Edsel Ford II, its founder’s great-grandson, for his work as a director and consultant.

Indiatimes - Ford pours $3.8 bn into pension plan - 14 hours 18 min ago
Ford is pouring $3.8 billion into its global pension plan & will invest its plan assets more heavily in bonds, as it moves more aggressively to minimize its pension risks.

Reuters - Ford pours $3.8 billion into pension plan, eyes shift to bonds - 16 hours 4 min ago
DETROIT (Reuters) - Ford Motor Co is pouring $3.8 billion into its global pension plan this year and will invest its plan assets more heavily in bonds, as the second-largest U.S. automaker moves more aggressively to minimize its pension risks in a shaky market.

BusinessWeek - Ford Increases Pay for Directors 25%; Edsel Ford Fees Rise - 22 hours 29 min ago
Ford Motor Co. boosted annual compensation for board members by 25 percent and will pay 29 percent more to Edsel Ford II, its founder’s great-grandson, for his work as a director and consultant.

BusinessWeek - Ford Increases Pay for Directors 25%; Edsel Ford Fees Also Rise - 22 hours 59 min ago
Ford Motor Co. boosted annual compensation for board members by 25 percent and will pay 29 percent more to Edsel Ford II, its founder’s great-grandson, for his work as a director and consultant.

COMMENTARY:
BusinessInsider - SPOTTED: An American Ford GT Is Conquering The Streets Of Paris - 23 hours 55 min ago
In the 1960s, the Ford GT40 dominated the 24 Hours of Le Mans like very few cars before. Now, the modern iteration of the GT40 has taken to the narrow streets of Paris to do the same. And it conquers by default. Paris' tiny roads mean that this 6.5-foot wide car will take up the majority of every ...