GOOD DAY FOR: Thinking small, as Ford is preparing to unveil a new strategy Thursday that will dramatically shift its focus from large pickups to small, fuel-efficient cars. The changes, which include converting three U.S. truck plants to car plants, are a high-stakes bet on Ford’s part that U.S. consumers have made a permanent shift to smaller vehicles. (The New York Times)
BAD DAY FOR: Punishing malfunctions, after a federal appeals court threw out a $550,000 fine that the Federal Communications Commission had levied on CBS for the “wardrobe malfunction” that showed Janet Jackson’s breast for nine-sixteenths of a second during the 2004 Super Bowl. The court said Jackson and dance partner Justin Timberlake were independent contractors, and that the fine was arbitrary and capricious. (Los Angeles Times)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Mortgages: The future of Fannie and FreddieFeature Donald Trump wants to privatize two major mortgage companies, which could make mortgages more expensive
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Trump may team with a tech company to create a database of AmericansIn the Spotlight A recent report indicated that Trump is partnering with the tech company Palantir
