Cramer: Ousted Ford CEO Mark Fields was in an ‘impossible situation’

Former Ford CEO Mark Fields was faced with an “impossible timeframe” to turn the Michigan-based automaker around and should have been given more time, CNBC’s Jim Cramer said Monday. Earlier, Ford said Fields would retire on Monday and Jim Hackett,...

Democrats are falling for fake news about Russia

President Donald Trump is about to resign as a result of the Russia scandal. Bernie Sandersand Sean Hannity are Russian agents. The Russians have paid off House Oversight Chair Jason Chaffetz to the tune of $10 million, using Trump as a go-between. Paul Ryan is a...

What America’s new arms deal with Saudi Arabia says about the Trump administration

President Trump has just announced the sale of a whopping $110 billion to Saudi Arabia which includes “tanks and helicopters for border security, ships for coastal security, intelligence-gathering aircraft, a missile-defense radar system, and cybersecurity...

Defense stocks soar to all-time highs on $110 billion US-Saudi Arabia weapons deal

Defense stocks took off on Monday after President Donald Trump signed a nearly $110 billion weapons deal with Saudi Arabia. The deal will be worth $350 billion over 10 years. Shortly after market open, Lockheed Martin was up about 2 percent, Raytheon was up more than...

Jim Hackett, Ford’s new CEO, formerly ran a 100-year-old company

Here’s what you need to know about Jim Hackett, 62, who is succeeding Mark Fields as CEO of Ford Motor after leading the company’s Smart Mobility division focused on new innovations in transportation. He knows what it’s like to lead a company...