Ford Looks to Offer Severance to White-Collar Employees It Deems Underperformers

The Wall Street Journal

The Wall Street Journal


Today's News

In today's news, we discuss the potential future of social media being subscription-based, the NFL's scoring decline being led by Brady and Rodgers, a $14 billion buyout deal between Blackstone and Emerson Electric, Ford's plans to offer severance to white-collar employees, Tilman Fertitta's stake in Wynn Resorts, and more.


  1. Social media platforms will increasingly rely on subscription models in the future in order to generate revenue.
  2. NFL scoring has declined in recent years, due in part to the success of quarterbacks Tom Brady and Aaron Rodgers.
  3. Private equity firm Blackstone Group has struck a deal to buy out industrial conglomerate Emerson Electric for $14 billion.
  4. Automaker Ford is planning to offer severance packages to some of its white-collar employees who it believes are underperforming.
  5. Billionaire Tilman Fertitta has reported a 6% stake in casino operator Wynn Resorts.
  6. Democratic presidential candidate Joe Biden is avoiding some battleground states in the final stretch of the midterm elections.
  7. Russia has launched a series of airstrikes across Ukraine, targeting infrastructure.
  8. Brazil's President-Elect Jair Bolsonaro has promised prosperity but faces economic challenges.
  9. The Federal Reserve has seen losses due to higher interest rates.
  10. Self-driving truck company TuSimple has fired its CEO Xiaodi Hou.
  11. Publishing giant Penguin Random House is standing by its decision to publish a book by Supreme Court nominee Amy Coney Barrett.
  12. Some users find Slack's notifications to be either easy to miss or overwhelming.
  13. A patient who received a pig's heart transplant took longer to generate a heartbeat than expected.