Bloomberg Businessweek
Ford Cuts Workforce Making Electric F-150s on Weak Demand
Jan 19, 2024
Ford announces workforce reduction for its electric F-150 truck due to weak demand. Segal Marco discusses emerging ESG trends in investment firms. Spelman College receives $100 million donation. Bitcoin ETFs and investing discussions. N/A
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Quick takeaways
- Spelman College received a transformative $100 million donation to provide scholarships and improve student housing.
- Bitcoin prices may remain range-bound, but Valkyrie Investments' spot Bitcoin ETF has seen steady inflows since its launch.
Deep dives
Record-breaking $100 million donation made to Spelman College
Spelman College has received a donation of $100 million from billionaire couple Rhonda Stryker and William Johnston, making it the largest single donation to a historically black college or university (HBCU). The donation will primarily be used to endow scholarships for students, with the rest going towards developing an academic focus on public policy and improving student housing. The donation is seen as transformative and will provide financial support for students both now and in the future.
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