Ford to make new engines in India with $370 million investment, Bloomberg News reports

Federal Reserve Governor Michelle Bowman is reportedly taking steps to reduce the size of the bank-supervision unit by approximately 30%. This move is significant as it reflects the Fed's ongoing efforts to streamline its operations and focus on efficiency, which could impact how banks are supervised in the future.

Ford's recent announcement to invest $370 million in India for engine production is a significant move that highlights the company's commitment to expanding its operations in the region. This investment not only promises to create jobs and boost the local economy but also reinforces India's growing importance as a manufacturing hub for global automotive companies. As Ford enhances its production capabilities, it positions itself to better meet the demands of the market, which is crucial for its long-term growth strategy.

Uber has expanded its services to include rickshaw rides, a unique addition that reflects the company's commitment to diversifying transportation options. This move not only caters to the growing demand for eco-friendly travel but also introduces a cultural experience for riders, especially in urban areas like New York City. By offering rickshaw rides, Uber is tapping into a nostalgic mode of transport that resonates with many, while also promoting local tourism and supporting small businesses.

Brian Belski, a well-known investment strategist, has departed from BMO Capital Markets after 13 years. This change is significant as Belski has been a prominent figure in the finance sector, and his insights have influenced many investors. His exit may lead to shifts in investment strategies at BMO and could impact market perceptions.

Ford has announced a recall of approximately 227,000 vehicles in the U.S. due to issues with windshields and seats, as reported by the National Highway Traffic Safety Administration (NHTSA). This recall is significant as it highlights ongoing safety concerns and the importance of vehicle reliability for consumers. Owners of affected vehicles will need to take action to ensure their safety on the road.

Physicswallah, an Indian online education platform, is reportedly preparing for an initial public offering (IPO) that could raise around $431 million. This move is significant as it highlights the growing demand for online education in India and the potential for substantial investment in the sector, reflecting confidence in the future of digital learning.

Axis Mutual Fund has announced that the prolonged period of earnings downgrades in India may be coming to an end, which is significant as it suggests a potential recovery for the country's economy. This shift is crucial because India has been lagging behind its global counterparts in terms of earnings growth, and a positive outlook could attract more investments and boost market confidence.

Indian traders are eagerly anticipating a potential new record high for the Nifty index as the trading day begins. This optimism reflects a broader confidence in the market, driven by recent economic indicators and investor sentiment. A new high could signal a strong recovery and growth potential, making it an important moment for investors and the economy.

The Trump administration has fired several ethics officials at Fannie Mae, following the recent ousting of the chief ethics officer. This move raises concerns about the integrity of oversight within the organization, especially at a time when ethical governance is crucial for public trust. The dismissals could signal a shift in how ethical standards are prioritized in federal agencies, which is significant for stakeholders and the broader financial landscape.

Amazon has reported a remarkable 38% increase in profit, driven by strong performance across its various sectors. This surge not only highlights the company's resilience in a competitive market but also reflects consumer confidence in its services. Such growth is significant as it indicates Amazon's ability to adapt and thrive, which could lead to further investments and innovations in the future.

Apple has reported record sales and profits driven by strong demand for its iPhones. This surge in sales not only highlights the brand's continued dominance in the smartphone market but also reflects consumer confidence in its innovative technology. As Apple continues to push boundaries with its products, this success is significant for investors and the tech industry as a whole.

Blackstone's Q3 2025 earnings call revealed that the company exceeded EPS forecasts, which is typically a positive sign for investors. However, despite this good news, the stock experienced a dip, raising questions about market reactions and investor sentiment. Understanding these dynamics is crucial as they can influence future investment decisions and market trends.

Re Max Holding reported earnings that exceeded expectations by $0.01, which is a positive sign for investors. However, the company's revenue fell short of estimates, raising some concerns about its overall performance. This mixed result highlights the challenges the company faces in a competitive market, making it crucial for stakeholders to closely monitor future developments.

COPT Defense Properties has reported earnings that exceeded expectations by $0.02, along with revenues that surpassed estimates. This positive financial performance highlights the company's strong position in the defense real estate sector, which is crucial for investors looking for stability and growth in a volatile market.