Ford CEO Jim Farley sits down for a new edition of Yahoo Finance's 'Opening Bid' podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark, and why he remains bullish on EVs.
The once-blighted monolithic Michigan Central train station — for decades a symbol of Detroit’s decline — has new life following a massive six-year, multimillion-dollar renovation to create a hub for mobility projects in the rebirth of the Motor City. The windowless hulking scavenger-ravaged structure that ominously shadowed the city's Corktown neighborhood is now home to Ford Motor Co. and the centerpiece of a sprawling 30-acre (12-hectare) mobility innovation district. The building's first tenant, Google’s Code Next Detroit computer science education program, is expected to move in by late June.
Viewing insider transactions for Ford Motor Company's ( NYSE:F ) over the last year, we see that insiders were net...