Ford says F-Series pickup continued its decades-long dominance in 2022

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DETROIT – The Ford F-Series continued its decades-long U.S. sales dominance in 2022 despite ongoing parts and supply chain problems, the company said Tuesday.

Ford Motor reported sales of its F-Series, which includes the F-150 pickup and its larger siblings, surpassed 640,000 trucks last year – making it America’s best-selling truck for 46 consecutive years and best-selling vehicle for 41 years.

The 2022 sales make for an average of at least one F-Series Truck sold every 49 seconds last year.

Despite topping the sales charts, F-Series sales are expected to come in lower than in recent years. Sales of the truck were off nearly 13% through November compared to a year earlier, however Ford said last month’s sales are anticipated to be the best of 2022 for F-Series.

Ford sold 726,004 F-Series trucks in 2021, which was a 7.8% decline from more than 787,400 vehicles in 2020. Prior to the coronavirus pandemic, Ford had been selling about 900,000 of the trucks annually.

Ford has attempted to prioritize production of the F-Series, including its new electric F-150 Lightning, throughout rolling shutdowns of plants due to the parts shortage in recent years. The company has even been partially building vehicles to complete them at a later date to keep production going.

Ford is set to report its total year-end sales on Thursday, a day after other major automakers are expected to release results.

This story is developing. Please check back for updates.

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Goldman’s top stocks to play the Inflation Reduction Act, including some with 50% upside

US Top News and Analysis 

The Inflation Reduction Act signed into law last year could create a boost for stocks from various sectors, and Goldman Sachs broke down its top picks for investors wanting to take advantage. “We believe stock-specific implications are quite wide-ranging from both an impact and timing perspective across multiple sectors,” Goldman strategists said in a note. The Wall Street firm screened buy-rated stock ideas — with many having 50% upside — from not only clear-cut winners like clean technology, hydrogen and electric vehicles, but also more underappreciated sectors like energy services and financials. Here are the criteria Goldman looked at for IRA plays: % of sales derived in U.S. % of sales benefiting from IRA IRA impact on earnings per share, EBITDA and free cash flow Goldman noted that the IRA marks a meaningful policy development for the solar and energy storage sector and clears the way for a decade-long runway for stable installation growth. First Solar and Enphase were the two top picks in this space, with Goldman predicting 50% upside in the next 12 months for both names. The bill also gives rise to the clean hydrogen economy in the U.S., including carbon capture, Goldman said. The firm highlighted Linde as a top beneficiary. “For the first time gives hydrogen a strong foundation to play a significant role in the energy system of the country,” the strategists said. “We view these incentives together as a major game changer for the sequestration of carbon and production of hydrogen and are a significant benefit for companies with current or planned hydrogen projects in the US.” Electric vehicle players Freyr and Tesla could also be big winners as the law promotes long-term EV adoption while also driving down battery costs, Goldman said. For underappreciated names, Goldman said alternative asset manager Brookfield could be getting a boost as the company is building out its renewables flagship lineup. Meanwhile, Goldman said energy services company MasTec is well positioned to benefit from the demand for infrastructure that supports renewable projects. — CNBC’s Michael Bloom contributed reporting

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WI police investigating New Year’s bar shooting that killed 2, including owner

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Police in Racine are investigating a New Year’s shooting in a bar that left two people dead, including the owner.

Officers encountered a chaotic scene when they arrived at Rerun’s Lounge around 2:30 a.m. Sunday.

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Family members identified the owner as Avery “Rerun” Stewart, 66, and said the bar was named after him.

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“He was loving,” Akem Stilo, Stewart’s grandson, told reporters. “He was caring. He looked out for his people, community. You know, he was a good person, a real stand-up dude.”

No arrests have been announced. Racine police asked anyone who was there Sunday to contact investigators.

 

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‘1923’ star Brian Geraghty jokes cast was ‘tortured’ during Taylor Sheridan’s 2-week cowboy camp

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“1923” star Brian Geraghty opened up about being “tortured” during Taylor Sheridan’s two week “cowboy camp” ahead of the filming of the western TV show.

The “Yellowstone” prequel, created by Sheridan, follows an earlier generation of the Dutton family and stars Helen Mirren and Harrison Ford. To prepare the actors, Sheridan had everyone participate in a “cowboy camp” where they learned the ropes – literally.

“We were all tortured in a two-week cowboy camp,” Geraghty, 47, told E! News. “So we got to have highs and lows together before we started, which actually was really good for bonding. We would all be terrible, and then the next day progress. We all got to be vulnerable. As adults, it’s not easy to learn a new skill.”

Geraghty, who stars as Zane Davis in the series, also detailed exactly what he learned at camp.

‘1923’ STAR HARRISON FORD ON THE SECRET TO HIS DECADES-LONG CAREER: ‘I’VE BEEN VERY LUCKY’

“We were running on horses, lassoing, I learned how to use an old six-shooter,” the “Big Sky” actor explained. “Weapons training, walking in spurs and chaps. It’s a whole different world.”

The “Hurt Locker” star also revealed that it was “intimidating” to work with Mirren and Ford at first but ended up being “so great.”

“Obviously, it’s always intimidating the first day,” Geraghty told the outlet. “You’re like, ‘How’s it going to be?’ But we kind of just fell into it. They’re just actors that care about their job.”

Ford, who stars as Jacob Dutton in the prequel, opened up about his storied career in a previous interview with Fox News Digital. The “Indiana Jones and the Raiders of the Lost Ark” actor explained that “other people” was his “big secret” to success in Hollywood.

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“Other people working with people who are accomplished in their areas,” he explained.

“I mean, the range of directors I’ve had the opportunity to work with certainly has been extraordinary.” 

“I’ve been very, very lucky. I came up in the business when the movie business was so closely connected to the culture, and we had such an influence on culture,” Ford said. “It was really a very good time for the movie business, and some of the giants of the movie business were still working. I had the opportunity to work with people like [Alan J.] Pakula and Sydney Pollack and Peter Weir and many others at a time when movies were flourishing.”

“1923” is now streaming on Paramount+.

 

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A message for new members of Congress: You can get along. Here’s how.

Almost two years after the Jan. 6 storming of the U.S. Capitol, the 118th Congress will assemble on the House floor, collectively raise their right hands and take their oaths to protect and defend the Constitution of the United States. Immediately after completing their oath, members of Congress will be expected by their supporters and the media to revert to their partisan corners and commence battle.

Such battle is a tradition that’s gone through 117 iterations since its debut in 1789. Yet we are reminded every day that partisan warfare has reached a dangerous point, with our nation perhaps more divided than at any point since the Civil War. As gerrymandering, tribalized opinion news and social media draw congressional Republicans and Democrats further to the extremes, the prospects for civilized discourse in Congress seem bleak.

That’s why we, a conservative former Republican congressman from Georgia and a progressive former Democratic congressman from New York, have come together to impart some advice for the men and women who’ve just been elected to Congress for the first time: There are still ways to find common ground on Capitol Hill, even with our ideological adversaries.

The two of us have diametrically opposed views. One is pro-life, the other pro-choice. One supports lower taxes and less regulation, the other supports tax policies that mitigate income inequality and stronger federal protections against the climate crisis. When we served in Congress, our voting records were like day and night. We couldn’t even agree on whose was day and whose was night. Yet still, we found a way to common ground.

When you work with a member of your opposing party, you’ll disagree on about 80 percent of the issues. That’s to be expected — it’s why parties exist. But the remaining 20 percent cries out for bipartisan cooperation. As both of us served on the Appropriations Subcommittee on Defense, our 20 percent focused on strengthening U.S. cyber capabilities against attack from China, North Korea, Russia, Iran and non-state actors. We were able to find issue areas where we could cooperate and cultivate a strong working relationship.

Those working relationships are crucial, and they grow in the small, organic interactions that happen in largely unreported places in the House. As a new member of Congress, you must seek out these places. Here’s a guide to some of them.

Right off the House floor, on the other side of Speaker’s Lobby, is a narrow balcony. It stretches from one end of the House wing, facing the House office buildings. On one side is a view of the Library of Congress and the Supreme Court. On the other, there is a commanding view of the National Mall stretching all the way to the Lincoln Memorial.

It’s America’s front porch — a modest place of cheap patio furniture, where members of Congress can stretch out and, well, talk to each other. You can be bickering on the House floor one minute and conversing casually the next: sports, kids, even the weather. New members, visit that balcony.

Another place where bipartisan relationships form is on CODELs. While often mocked by late-night pundits, those trips abroad are indispensable to a member’s understanding of the impact of their policies, and they’re where some of the strongest bonds between members form. When you’re sitting in a C-130 about to spiral into an airport in a dangerous military theater, it’s hard not to bond with the member sitting next to you.

When you’re on a 14-hour flight to support the troops, it’s hard not to make conversation and find commonality. And when you land in the presence of those troops, partisanship melts away. New members, go on those trips.

You also can visit other congressional districts, even those represented by members of your opposing party. Rep. Graves visited the Long Island district of Rep. Israel, where his slow, Georgia drawl gave new meaning to “South Shore” Long Island. New members, venture to the field of the 20 percent, travel to each other’s districts.

There is a myth that’s taken root in recent years that developing friendships with the other side and working with them will lead you to abandon your principles. Wrong, you can hold your ground while searching for common ground.

Here’s what we learned when we worked together on legislation, chatted on the balcony, traveled on congressional delegations and visited each other’s districts: We’re both Americans trying, often in different ways, to fulfill the promise we made on that first day: to protect and defend the Constitution.

Steve Israel represented New York in the U.S. House of Representatives over eight terms and was chairman of the Democratic Congressional Campaign Committee from 2011 to 2015. He is now director of the Cornell Jeb E. Brooks School of Public Policy Institute of Politics and Global Affairs. Follow him on Twitter @RepSteveIsrael

Tom Graves represented Georgia’s 14th Congressional District from 2013 to 2020. He is the CEO of the government relations firm, Ervin Graves Strategy Group, serves on the advisory board for Nuclear Matters and as a political contributor for ABC News Live.


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Club for Growth urges no vote on McCarthy for House speaker unless conditions are met

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An influential conservative group is urging lawmakers to vote against Republican leader Kevin McCarthy, R-Calif., unless certain conditions are met.

The Club for Growth put out a key vote alert Monday announcing that the speaker election will be counted on their legislative scorecard, which grades lawmakers on support for “pro-growth, free-market policies.” The fiscally conservative group says the next House speaker must “provide transformational reforms to the House, build a bold pro-growth legislative agenda, and restore the individual rights and powers of the rank-and-file membership.”

Without mentioning McCarthy by name, the group provided a list of demands any candidate for speaker must meet, including rules changes permitting amendments to spending bills, allowing hardliners to hold leadership position, and barring the Congressional Leadership Fund from supporting primary challengers to incumbent Republicans. 

“Leadership races are typically ‘inside baseball’ politics but the American People are desperate for new political leadership in America,” the Club for Growth said in a statement. 

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“What’s more important to the American People than any individual member is the dire necessity to restore the House of Representatives to a legislative body that gives all Members from all communities a voice to speak on behalf of constituents, the ability to amend and impact legislation, and a vote on behalf of the People they were elected to represent,” they added.

Additionally, the group is demanding an up-or-down vote on a constitutional amendment that would impose term limits on federal lawmakers in the House and the Senate.

KEVIN MCCARTHY MAKES MAJOR CONCESSION TO CONSERVATIVES AS HIS SPEAKER BID HANGS BY THREAD

“The transformational reforms described in this key vote alert are vital to restoring the People’s House and ending business as usual. Club for Growth strongly urges all Representatives to vote for a candidate for Speaker that supports these reforms and to oppose a candidate for Speaker that does not,” the group said. 

These demands echo those made by at least a dozen House conservatives who have vowed to oppose McCarthy’s speakership bid.

The Republican leader met with members of his conference to secure support for the speaker election at 9:30 a.m. ET, seemingly to no avail. The holdouts say McCarthy cannot be trusted to meet their demands and insist that another GOP candidate for speaker will emerge, but they have not said who will step forward. 

The first vote will take place at noon and a candidate needs 218 votes to become the next speaker of the House. 

 

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Accused NYC subway shooter intends to plead guilty to terrorism charges Tuesday



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The man accused of randomly shooting passengers on a Brooklyn subway in April intends to plead guilty to terrorism charges in federal court Tuesday, according to court documents.

Frank James faces 10 counts – one for each gunshot victim – of committing a terrorist attack or other violence against a mass transportation system, and one count of discharging a firearm during a crime of violence, according to the indictment filed in December.

Court-appointed attorneys for James wrote in a letter to the court last month that their client, who had earlier entered a not guilty plea on two charges, “wishes to schedule a guilty plea to the superseding indictment.”

The guilty plea is scheduled to come almost nine months after James allegedly put on a gas mask, set off a smoke device and opened fire at passengers riding a subway train in Brooklyn’s Sunset Park during the morning commute, firing at least 33 times, according to authorities.

Along with the 10 people wounded by gunfire, others were injured by the smoke. In all, 29 people were hospitalized.

James faces up to life in prison on each of the 11 counts in the new indictment, according to prosecutors.

One of the wounded, Hourari Benkada, 27, said he was on the N train and sat next to a man with a duffel bag and reflective vest who let off a “smoke bomb.”

“And all you see (is) smoke – black smoke … going off, and then people bum-rushing to the back,” Benkada said. “This pregnant woman was in front of me. I was trying to help her. I didn’t know there were shots at first. I just thought it was a black smoke bomb.

“She said, ‘I’m pregnant with a baby.’ I hugged her. And then the bum-rush continued. I got pushed, and that’s when I got shot in the back of my knee.”

James was arrested a day later in Manhattan’s Lower East Side after calling in a tip on himself. Items left behind at the scene, including a credit card, a set of keys, a construction jacket and a gun – were tied back to James by investigators.

The accused has a lengthy criminal history and had posted rambling videos on a YouTube channel in which he talked about violence and mass shootings, and said he’s thought about killing people who have presumably hurt him.

In one posted just a day before the shootings, James talked about someone who engaged in violence and ended up in jail. He said he could identify but talked about the consequences.

“I’ve been through a lot of s**t, where I can say I wanted to kill people. I wanted to watch people die right in front of my f**king face immediately. But I thought about the fact that, hey man, I don’t want to go to no f**king prison.”

In another video posted in February criticizing New York Mayor Eric Adams’ plan to address safety and homelessness in the subway, James spoke about his negative experience with city health workers during a “crisis of mental health back in the ’90s ‘80s and ‘70s.”

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DC mayor urges Biden to end telework policies for federal workers

Just In | The Hill 

D.C. Mayor Muriel Bowser called for the Biden administration to end work-from-home policies for federal government employees Monday, highlighting office buildings left empty by the remote work policies as opportunities for affordable housing.

Washington D.C., like many other major U.S. cities, has seen a rise in vacant office buildings as work-from-home protocols remain in place across multiple sectors. Bowser leaned on the Biden administration to drop the policies in her inauguration address for her third term in office on Monday.

As Bowser attempts to attract 100,000 new residents to the city, she explained that it is time for the federal government to refill the spaces with government employees or take advantage of the opportunity to attract and house more residents.

“We need decisive action by the White House to either get most federal workers back to the office most of the time or realign their vast property holdings for use by the local government, by non-profits, by businesses and by any user willing to revitalize it,” Bowser said.

The mayor said converting office spaces into housing is “key” to attracting more residents.

“Converting office space into housing is the key to unlocking the potential of a reimagined, more vibrant downtown,” Bowser said.

The push by the mayor shines a light on the massive property holdings by the federal government.

“The federal government represents one quarter of D.C.’s pre-pandemic jobs and owns or leases one third of D.C.’s office space,” Bowser said.

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House speaker battle: profanities fly as Republican factions get heated over McCarthy speakership bid

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Rep. Lauren Boebert, R-Colo., muttered “this is bulls—” under her breath during a House GOP Conference meeting Tuesday regarding House Minority Leader Kevin McCarthy’s bid for speakership.

The comment, which a Boebert spokesperson told Fox News Digital was not yelled or said into a microphone, came Tuesday morning as McCarthy, R-Calif., delivered a speech aimed to unite his party ahead of the leadership vote. McCarthy faces opposition for speaker from Boebert, Rep. Matt Gaetz, R-Fla., and members of the House Freedom Caucus, who claim he has not proven to be worthy to be speaker of the new Republican majority.

THE VOTE FOR HOUSE SPEAKER: LIVE UPDATES

House Freedom Caucus Chairman Scott Perry of Pennsylvania, who was already indicating he would likely oppose McCarthy, left little doubt he would vote for someone else.

“In his 14 years in Republican Leadership, McCarthy has repeatedly failed to demonstrate any desire to meaningfully change the status quo in Washington,” Perry said in a statement released Tuesday morning. “Despite our deep reservations we have continued to work in earnest to find a path forward with McCarthy, knowing that this crucial moment would come.”

MCCARTHY SHORT OF VOTES AS HOUSE SPEAKER CONTEST ENTERS FINAL HOURS

The statement from Perry follows a letter he sent Sunday to McCarthy along with eight members of the House Freedom Caucus that detailed their plan for the structure of party leadership. Perry added Tuesday that he would support McCarthy if he heeds to their demands.

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“If Leader McCarthy is willing to publicly state that he accepts the deal to become Speaker, then we are absolutely willing to continue to negotiate in good faith,” Perry told Fox News.

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McCarthy, as he walked to the private meeting where he delivered his speech, told reporters, “we are going to have a good day today.”

House Republicans are set to vote on leadership Tuesday afternoon. 

Fox News’ Tyler Olson contributed to this report.

 

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Southern CA police fatally shoots 32-year-old man wielding knife

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A Southern California police officer shot and killed a man who was armed with a knife early Sunday, authorities said.

The 32-year-old man was pronounced dead at the scene in Redlands, the city’s police department said in a Facebook post.

A 911 caller reported a domestic disturbance to Redlands police around 3:30 a.m. Sunday. Officers found the man waiting outside a home with a knife. He did not comply with commands to drop it and “made an overt act toward them with the weapon,” police said.

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One officer opened fire. The officer was placed on administrative leave in accordance with the Redlands Police Department’s policy.

Redlands is more than 55 miles (88 kilometers) east of downtown Los Angeles.

 

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