Norman Levine | Source | Managing Director, Portfolio Manager at Portfolio Management Corp.
Norman Levine
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This is quite a significant coup for Ford, as it attracts another major vehicle manufacturer to its Argo AI investment, giving it a very high valuation, as well as helping Argo AI move into the European market -- all without Ford having to put up much additional cash at a time when it is not cash rich.
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They wanted to please lots of people and ... when you try to please everybody you end up pleasing nobody, because you spread it too thin.
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Ford, Volkswagen Announce Global Tech-Focused Alliance
Ford and Volkswagen formally announce a global collaboration on self-driving and electric cars in the U.S. and Europe, signaling a new era in the automotive world that focuses on technology and innovation -- and staying competitive.
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Canada's Trudeau under pressure as MP quits, budget criticized
By David Ljunggren and Fergal Smith OTTAWA/TORONTO (Reuters) - Canadian Prime Minister Justin Trudeau remained under pressure over a corruption scandal on Wednesday as a
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Portfolio Management Corp.
Managing Director, Portfolio Manager -
Portfolio Management Corporation
Managing Director and Portfolio Manager