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Ford to hire 400 staff for connected-car research

  TORONTO / AP Ford Motor Co. will hire approximately 400 employees from software company BlackBerry Ltd. as part of sizable new investments in Canada that include a connected-vehicle research center in Ottawa, company officials said. Ford said the Ottawa research center is part of a $500 million Canadian (US$376 million) investment. It comes amid a race by automakers to ...

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Hertz shares bear brunt of used-car price plunge

  Bloomberg As investor panic spreads about the plunging prices of used cars in the US, one company and its high-profile top investor are enduring the biggest beating: Hertz Global Holdings Inc. and billionaire Carl Icahn. Hertz shares lost one fifth of their value last week, as a troubling reading for a used-vehicle price index was followed by warnings that ...

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Web privacy furor previews coming ‘net neutrality war’

  Bloomberg The US Congress’s decision to invalidate a set of internet privacy rules from the Obama administration set off a firestorm this week. The change, which will allow service providers like AT&T Inc. and Verizon Communications Inc. to collect and sell customers’ information without their permission, prompted ad campaigns from internet freedom groups shaming lawmakers and a small wave ...

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