Ford Motor Company reported a $900 million hit from unexpected tariff costs last year, while Boston Dynamics announced its CEO is stepping down, and Colombian President Gustavo Petro revealed he survived an assassination attempt. These developments, along with a reminder from Mark Carney to Donald Trump about a key border bridge and a French appeal for witnesses in a mass abuse case, highlight a busy news cycle.
According to BBC Business, Ford executives stated the carmaker's tariff costs were $900 million higher than anticipated due to a last-minute change in the Trump administration's tariff relief program. The program aimed to help car companies offset levies on imported parts for vehicles assembled in the US. However, a later effective date for the policy, communicated in December, led to fewer gains from the credits than expected, as stated by Ford CEO Jim Farley.
In other news, Boston Dynamics CEO Robert Playter announced his departure after 30 years at the robotics company, according to TechCrunch. Amanda McMaster, the company's CFO, will serve as interim CEO while a replacement is sought. Boston Dynamics acknowledged Playter's significant contributions, calling him "an icon of the global robotics industry."
Meanwhile, Colombian President Gustavo Petro disclosed he had escaped an assassination attempt while traveling by helicopter with his daughters, as reported by Al Jazeera. Petro said his helicopter was unable to land due to fears of an attack. He had previously warned of an alleged plot by drug traffickers.
Adding to the international news, Mark Carney reminded Donald Trump that Canada paid for the Gordie Howe International Bridge, a key border bridge between Detroit and Windsor, Ontario, according to The Guardian. Trump had previously threatened to block the bridge. Carney stated he had a positive conversation with Trump after the US leader threatened to block the bridge, reminding the president that Canada paid for the structure and that the US shares ownership.
Finally, French prosecutors appealed for witnesses in a case involving a 79-year-old former teacher, Jacques Leveugle, accused of abusing 89 minors, as reported by Euronews. The man has confessed to the rape and sexual assault of the minors since the 1960s across multiple countries. Prosecutor Etienne Manteaux spoke to reporters in Grenoble to publicize the case and seek further testimony.
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