BREAKING NEWS: FORD CANCELS $1.6 BILLION MEXICO PLANT, WILL INVEST $700 MILLION IN MICHIGAN
WASHINGTON (Reuters) - Ford Motor Co (F.N) said Tuesday it will cancel a planned $1.6 billion factory in Mexico and will invest $700 million at a Michigan factory as it expands its electric vehicle and hybrid offerings.
The second largest U.S. automaker had come under harsh criticism from President-elect Donald Trump for its Mexican investment plans.
AND THEN THERE'S THIS:
Wall St poised for bullish open on first trading day of '17... Developing...