Ford botches Explorer launch, putting CEO back on hot seat

Ford Motor Co.’s Jim Hackett and Wall Street analysts started this year frustrated with one another. Sure, the automaker had been underperforming, but the chief executive appealed for time to show he was fixing things. He assured them the redesigned Explorer SUV rolling out months later would be a proof point. But rather than help the earnings results Ford delivers this week, the Explorer will be a hindrance. Sales have plunged as a plant plagued by personnel problems has struggled to get the new sport utility vehicle out the door. Thousands have been shipped 270 miles away to another Ford factory for rework. The botched Explorer launch puts Hackett back in the position he was early this year—testing the patience of investors. A downbeat assessment of how long it will take to turn the automaker around already cost the company an investment-grade credit rating. By pointing to the SUV as one of the first products he influenced, the CEO staked his reputation on it. "From a design, styling and content standpoint, it hit the marks,” Jeff Schuster, a forecasting analyst for LMC Automotive, said of the Explorer. “But if you can’t get out of the gate, that certainly is going to put some question marks not only on his credibility, but from a consumer standpoint, on the vehicle itself.” The transformation of Ford’s Chicago assembly plant was one of the most complex in the company’s history, a spokeswoman said. The company is shipping the new Explorer— the all-time best-selling... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-10-21 21:58:49 UTC ]
News tagged with: #hostile environment #general motors #settle claims #troubled past

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AI could be an existential threat to publishers – that’s why Mumsnet is fighting back | Justine Roberts

There is nothing wrong with mining content for data, but it has to be properly regulated and creators must be compensatedJustine Roberts is the CEO of MumsnetAfter nearly 25 years as a founder of Mumsnet, I considered myself pretty unshockable when it came to the workings of big tech. But my jaw... Continue reading at The Guardian

[ The Guardian | 2024-09-28 07:00:09 UTC ]
More news stories like this | All news stories tagged with: #copyright law #non-disclosure agreement #licensing deal #copyright laws #recently launched #big tech


Aspen Institute Teams with Book of the Month to Launch Literary Festival

The inaugural Aspen Literary Festival, slated for September 2025, will feature more than 40 authors in a multi-day celebration of books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-24 04:00:00 UTC ]
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When I Work names Chip Pearson CEO

Chip Pearson, already a board member at When I Work, will step into the lead executive role after the company's former CEO left after less than two years. Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2024-09-20 12:05:09 UTC ]
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A ghost story about new motherhood? A TV writer's debut novel explores the female psyche

Jacquie Walters' debut, 'Dearest,' is a horror novel about new motherhood, including the demands of a breastfeeding infant, as well as how postpartum hormones affect a woman's psyche. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-09-16 10:00:29 UTC ]
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Is the fizz up to Edith Wharton’s standards? The joys of launching a book | Rachel Cooke

A party supported by pals who made it through rush hour rain was appropriate for an anthology celebrating female friendshipNervous as I am of organising parties, I could hardly have launched a book about friendship without throwing one. And so it was that last Tuesday night, I found myself in... Continue reading at The Guardian

[ The Guardian | 2024-09-14 15:00:31 UTC ]
More news stories like this | All news stories tagged with: #anthology #bookshop #nora ephron #charlotte bront #sarah waters #north london #tuesday night #edith wharton


Language, Love and Visibility: Looking Back on an Immigrant Childhood

In the years since this memoir was first published, readers have asked me a number of questions: What does your family think of the book? How did you start writing a memoir in essays? Is the book available in Spanish? The question that took me by surprise, though, came in 2020 on the eve of […] Continue reading at Literrary Hub

[ Literrary Hub | 2024-09-13 08:55:35 UTC ]
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With a new memoir 20 years after breakout hit 'Leave (Get Out),' JoJo is back in control

With a memoir, a Broadway turn in 'Moulin Rouge!,' a planned tour and new music, Joanna 'JoJo' Levesque is back in control of her career. Continue reading at Los Angeles Times

[ Los Angeles Times | 2024-09-12 10:00:34 UTC ]
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Nine CEO Mike Sneesby quits after months of pressure over allegations of toxic culture

Departure comes after news director Darren Wick abruptly left in March and chairman Peter Costello resigned in JuneExit signs: a timeline of Nine Entertainment’s annus horribilisGet our breaking news email, free app or daily news podcastNine Entertainment’s chief executive, Mike Sneesby, will... Continue reading at The Guardian

[ The Guardian | 2024-09-11 23:32:56 UTC ]
More news stories like this | All news stories tagged with: #publishing company #guardian australia #strategic development #tumultuous year #free app #toxic culture


In Germany, Meike Knops Becomes CEO of MVB in November

With a background at Holtzbrinck and in management, Meike Knops is to succeed Ronald Schild as head of MVB on November 1. The post In Germany, Meike Knops Becomes CEO of MVB in November appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-09-11 15:23:58 UTC ]
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Dunya Mikhail Talks Mythology, Translating Her Own Poetry, and Exploring the Past Through Objects

Lit Hub is excited to feature another entry from Poets.org’s “enjambments,” a monthly interview series with new and established poets. This month, they spoke to Dunya Mikhail. Dunya Mikhail is the author of numerous books of poetry, including Tablets: Secrets of the Clay (New Directions, 2024).... Continue reading at Literrary Hub

[ Literrary Hub | 2024-09-09 08:55:06 UTC ]
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Concord is going offline two weeks after its PS5 and PC launch

Sony's new team shooter Concord is not going to be playable for much longer. Developer Firewalk Studios says it will take the game offline on September 6, just two weeks after its release, to "explore options, including those that will better reach our players."  You can no longer buy Concord... Continue reading at Engadget

[ Engadget | 2024-09-03 16:31:34 UTC ]
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Amazon's Kindle is back on sale at its Prime Day price

While you can do pretty much anything on your phone or tablet, sometimes having a dedicated device is the way to go. Opting for an ereader can help reduce eye strain compared with looking at a smartphone screen for hours on end. The battery will last longer too, and you won't have notifications... Continue reading at Engadget

[ Engadget | 2024-09-03 14:56:49 UTC ]
More news stories like this | All news stories tagged with: #kindle #digital books #audiobook #follow @engadgetdeals #buying advice #coming weeks #waterproof rating #page turns #reading experience


Food Network star gets back into the scene with a restaurant open three days a month

Before starting his culinary career, acclaimed chef Marc Murphy wasn't sure if he would be able to find a job that he would actually be good at."I'm very dyslexic. I had a hard time staying in school," he said. "I ended up cooking because I knew I didn't have to read or write."Murphy's life in... Continue reading at Crains New York

[ Crains New York | 2024-09-03 10:03:04 UTC ]
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Attention Parents: The Bible Has Your Back

Christian parenting, Lifeway, Devin Maddox, Zondervan, Webster Younce, MennoMedia, Crossway, Paraclete, Lillian Miao, IVP, Elissa Schauer Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-09-03 04:00:00 UTC ]
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Exploring the Burning Questions: A Conversation with Cara Lopez Lee, by Susan Blumberg-Kason

Exploring the Burning Questions: A Conversation with Cara Lopez Lee, by Susan Blumberg-Kason Interviews [email protected] Tue, 08/27/2024 - 15:32 I first came across Cara Lopez Lee on a listserv group (remember those!) for authors who write about... Continue reading at World Literature Today

[ World Literature Today | 2024-08-27 20:32:44 UTC ]
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Back to School 2024: New Year, New Books

With summer vacation in the books and the 2024–2025 school year beginning, teachers and librarians are raring to go with new lessons, updated spaces, and plenty of books to recommend. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-26 04:00:00 UTC ]
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14 back-to-school gadgets you didn’t know you needed

Some back-to-school purchases are no-brainers, like a new laptop or Chromebook. But other helpful products aren’t always as obvious. They can seem purely optional—stuff to buy when you have money to burn. But don’t discount tech gadgets and accessories, especially if you’re often... Continue reading at PC World

[ PC World | 2024-08-22 10:30:00 UTC ]
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Good media news! The Onion is back in print.

Beloved comedy publication The Onion has started back up with a paper-and-ink print edition for the first time in over ten years. As announced on the comedy institution’s website and in a story in The New York Times, The Onion has decided to return to their roots as a newsprint, fish-wrappable,... Continue reading at Literrary Hub

[ Literrary Hub | 2024-08-16 17:57:49 UTC ]
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Fortnite's second Marvel season puts Doctor Doom center stage

Marvel supervillain and Fantastic 4 foil Doctor Doom is everywhere these days. After appearing at Comic Con as Robert Downey Jr.'s latest role, the green-caped menace will be heavily featured in Fortnite's Chapter 5 Season 4 as part of the Absolute Doom battle pass, Epic announced.  "Wielding... Continue reading at Engadget

[ Engadget | 2024-08-16 12:00:27 UTC ]
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New York Comic Con Launches 'Retailer Day,' Expands to Five Days

The pop culture mega-event is extending its traditional four-day run to five in 2024 with "Retailer Day," a new day of professional programming to be held on Wednesday, October 16, exclusively for industry professionals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-08-16 04:00:00 UTC ]
More news stories like this | All news stories tagged with: #comic con #industry professionals #professional programming #retailer day