Tag: expecting

  • Eagles star Saquon Barkley ready to embrace loyal fan base during Super Bowl parade: ‘Expecting a party’

    Eagles star Saquon Barkley ready to embrace loyal fan base during Super Bowl parade: ‘Expecting a party’

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    Saquon Barkley had just finished up his rookie season with the New York Giants and wasn’t at all focused on the Philadelphia Eagles’ first-ever Super Bowl victory parade in the City of Brotherly Love in February 2019. 

    Seven years later, Barkley was a catalyst in the Eagles beating the Kansas City Chiefs to win Sunday’s Super Bowl in his first year with the franchise. And he’ll be one of the players every fan in the streets of Philadelphia wants to see during Friday’s parade.

    The parade, which kicks off at 11 a.m. ET at the Sports Complex and ends with a ceremony on the steps of the Philadelphia Museum of Art, is expected to be even bigger than the parade in February 2019, when Jason Kelce entertained a crowd in a Mummers costume.

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    Eagles fans cheering for Saquon Barkley and Raising Cane’s founder Todd Graves in Trevose, Pa., Feb. 13, 2025. (Raising Cane’s)

    Barkley got a small taste of what to expect Friday when he made an appearance Thursday at Raising Cane’s in Trevose, Pennsylvania, alongside the chicken chain’s founder, Todd Graves. Eagles fans were lined up as early as 5 a.m. to see and thank Barkley for bringing the Lombardi Trophy back to the city. 

    Speaking with reporters, Barkley acknowledged he wasn’t sure what to expect as he travels around Philadelphia, but he knows it’ll be a party to remember. 

    “Philly fans have been amazing all year round,” said Barkley, AP Offensive Player of the Year after rushing for 2,000 yards in 2024. “Just the love and support they have for this team. This city truly buys into this team, and you could see it out there how many people showed up. 

    “I’m expecting it to be a blast — a party — and I’m excited to be here with Raising Cane’s with Todd, who’s a really good friend of mine. 

    NFL FANS INTERVENE AFTER RESTAURANT OWNED BY EAGLES’ CJ GARDNER-JOHNSON’S MOM HIT BY UNWARRANTED BAD REVIEWS

    “It’s been a crazy week so far for me, but just taking it all in and enjoying it.”

    Barkley said he won’t be the player making a Kelce-esque speech on the museum steps, but he knows which players he would choose to do so because of how much they mean to the city. 

    “It won’t be me, I can guarantee that,” he said, laughing. “That’s not my thing. If I had to pick one, I’d say Lane Johnson or [Brandon Graham]. I think they’re the two longest-tenured Eagles right now, so I think it would be perfect for one of them to do that, especially if it is BG’s last game and last year with us. For him to go out with a bang would be pretty cool.”

    Saquon Barkley carries the ball

    Philadelphia Eagles running back Saquon Barkley carries during the second half of the Super Bowl against the Kansas City Chiefs Sunday, Feb. 9, 2025, in New Orleans.  (AP Photo/Matt Slocum)

    While Barkley will enjoy celebrating victory with his family, friends and teammates, the City of Philadelphia will be making sure to keep the party a safe one, especially after the shooting during the Chiefs’ Super Bowl parade last year. One person was killed, and 22 others were wounded, including 11 children. 

    Eagles fans have mobbed the streets of Philadelphia many times in the past, including twice this year after the Eagles won the NFC championship and Super Bowl.

    “You will see a large police presence continue throughout the day and into the evening,” Philadelphia Police Commissioner Kevin Bethel said of the parade. 

    Saquon Barkley smiles

    Saquon Barkley smiles at Raising Cane’s in Trevose, Pa., after winning the Super Bowl. (Raising Cane’s)

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    Barkley is ready to celebrate with the fans.

    “[The fans] have been amazing to me, my family, especially my little daughter,” Barkley said. “From the first time I had my opening interview and my daughter was with me, they fell in love with her. It’s been a blast. For the season to go the way it went and finish it off the way we ended as Super Bowl champs, you can’t make it up.”

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  • Ford is expecting mounting EV losses this year

    Ford is expecting mounting EV losses this year

    Ford Motor Co. announced its fourth-quarter earnings this week, and while they came in above expectations, the Detroit automaker signaled the losses in its electric vehicle (EV) division are projected to continue this year.

    Ford reported that its EV division, known as Model e, lost $5.1 billion in 2024. In its full-year outlook for 2025, Ford said that it expects adjusted earnings before interest and taxes (EBIT) of $7 billion to $8.5 billion, with free cash flows between $3.5 billion and $4.5 billion and capital expenditures between $8 billion and $9 billion.

    When Ford broke down its various segments, it noted an EBIT loss of $5 billion to $5.5 billion for Model e. That is offset by positive EBIT of $7 billion to $8 billion from Ford Pro and $3.5 billion to $4 billion from Ford Blue, as well as earnings before taxes of $2 billion from Ford Credit.

    “We expect a loss of $5 billion to $5.5 billion for Ford Model e, holding losses stable year over year,” said Sherry House, Ford’s incoming chief financial officer who is currently a vice president of finance at the company. “While industry pricing pressure remains, we plan to materially increase our global volume, driven by the full-year impact of European launches, and we significantly increased investment in our battery facilities and next-generation products, which are just two years away.”

    FORD MUSTANG MACH-E SALES SURPASS TRADITIONAL MUSTANG

    Ford’s EV division, known as Model e, is projected to lose about $5 billion in 2025. (Alex Kraus/Bloomberg via Getty Images / Getty Images)

    In response to a question from a financial analyst, House noted that while Ford Model e’s volumes are up, there are about $1 billion in additional costs related to its BOSK battery factory and engineering for its generation 2 EV products.

    Ticker Security Last Change Change %
    F FORD MOTOR CO. 9.29 +0.03 +0.32%

    House went on to discuss some of the factors putting pressure on the division, as well as some positive developments at the end of last year.

    “Some of the downward pressure that you continue to see, that’s on the pricing potentially in Europe, potentially in North America,” she said. “What’s been great though is Model e as it ended Q4 last year, the [Mustang] Mach-E, we had fantastic selling – over 30% increase quarter over quarter, and we stayed above the average transaction prices. So, while we’re seeing the pressure, we have been continuing to do well even with our Gen-1 products in our sales pace.”

    TRUMP ADMIN HITS BRAKES ON $5B ELECTRIC VEHICLE CHARGING STATION PROGRAM

    Ford Mustang Mach-E

    The All-Electric Ford Mustang Mach-E surpassed the traditional Mustang in sales last year. (Josh Lefkowitz/Getty Images / Getty Images)

    Ford’s announcement comes after automakers’ EV initiatives struggled in 2024 amid sluggish consumer demand compared to past expectations and increasing pricing pressures from rivals.

    General Motors does not report its electric division’s sales and financial figures separately like Ford does, but GM executives said that its EVs became “variable profit positive” last year by generating more in sales revenue than it spent on labor and material costs. However, that figure does not include fixed costs like building assembly lines.

    AUTOMAKERS THAT PUSHED BACK EV GOALS AND PLANS IN 2024

    Manufacturing workers in auto industry

    Workers assemble vehicle doors at the General Motors assembly plant in Fort Wayne, Indiana, on Tuesday, April 9, 2024. General Motors Co. is scheduled to release earnings figures on April 23. (Photographer: Emily Elconin/Bloomberg via Getty Images / Getty Images)

    GM fell short of its goal for producing and wholesaling 200,000 EVs in North America in 2024, ending up at 189,000 units, GM CFO Paul Jacobson said last week.

    Last year, Toyota announced that it would postpone its plans to build EVs in the U.S. until 2026 after it previously targeted late 2025, according to a Reuters report.

    Volvo in September dropped its plan to go all-electric by 2030, as the Swedish automaker now plans to still have hybrid vehicles in production at that time.

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    Luxury automaker Bentley announced in November it would push back its plan to transition to a lineup of only battery-electric vehicles from 2030 to 2035, adding that it will continue to manufacture plug-in hybrid vehicles until that time.

    Reuters contributed to this report.

  • White House expecting ‘spike’ in federal resignations as at least 20K take buyouts’

    White House expecting ‘spike’ in federal resignations as at least 20K take buyouts’

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    The White House is expecting a “spike” in federal resignations ahead of a deadline for a buyout offer coming to end on Thursday, Fox News Digital has learned. 

    Nearly all federal employees were offered a buyout as part of President Donald Trump’s plan for government employees to physically work out of their offices, following years of remote work amid and after the COVID-19 pandemic. Government employees have until Thursday to take the offer, with the Trump administration expecting an influx of resignations in the next two days. 

    “The number of deferred resignations is rapidly growing, and we’re expecting the largest spike 24 to 48 hours before the deadline,” a White House official told Fox News Digital on Tuesday morning. 

    TRUMP ADMINISTRATION OFFERS BUYOUTS TO FEDERAL EMPLOYEES, INCLUDING REMOTE WORKERS: ‘DEFERRED RESIGNATION’

    WASHINGTON, DC – JANUARY 20: U.S. President Donald Trump waves as he arrives with U.S. Vice President J.D. Vance (L) and first lady Melania Trump (R) during an indoor inauguration parade at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. (Photo by Christopher Furlong/Getty Images) (Getty Images)

    Axios reported earlier Tuesday roughly 20,000 federal employees have taken the offer, accounting for about 1% of the federal government’s workforce. The White House official told Fox News Digital following the report’s publication that the 20,000 figure “isn’t current.” 

    TRUMP TO SIGN MEMO LIFTING BIDEN’S LAST-MINUTE COLLECTIVE BARGAINING AGREEMENTS

    White-House-New-Curator

    The White House is photographed from Lafayette Park on Wednesday, May 1, 2024, in Washington.  (AP Photo/Jon Elswick)

    The Office of Personnel Management, which operates as the federal government’s human resources department, notified roughly 2 million federal employees Jan. 28 that they would be required to work out of their respective offices five days a week, or they could leave their roles through the equivalent of a buyout offer. 

    Those who choose to take the offer will retain all pay and benefits and be exempt from in-person work until Sep. 30. 

    “We think a very substantial number of people will not show up to work, and, therefore, our government will get smaller and more efficient,” Trump told reporters of the plan in late January. “And that’s what we’ve been looking to do for many, many decades.” 

    The buyouts do not apply to positions such as military personnel, the U.S. Postal Services, or positions related to immigration enforcement or national security. 

    The White House previously has said it anticipated 5% to 10% of the federal workforce to resign. 

    ‘GET BACK TO WORK’: HOUSE OVERSIGHT TO TAKE ON GOVERNMENT TELEWORK IN 1ST HEARING OF NEW CONGRESS

    The buyout deadline comes as the Department of Government Efficiency, which is led by tech billionaire Elon Musk, has taken a hatchet to various government agencies and departments, as the team works to cut overspending and alleged corruption within the highest echelons of the U.S. government. 

    Election 2024 Trump

    The buyout deadline comes as the Department of Government Efficiency, led by tech billionaire Elon Musk, pictured here with President Donald Trump, has taken a hatchet to various government agencies and departments.  (Evan Vucci/The Associated Press)

    The United States Agency for International Development is the latest agency to land under DOGE’s microscope. Hundreds of USAID employees reported they were locked out of the agency’s computer system, while its headquarters in Washington, D.C., was closed on Monday. 

    On X, Musk has railed against the organization as rife with “marxists” and is operating as a “criminal organization.” 

    “USAID is a criminal organization. Time for it to die,” Musk posted to X on Sunday. 

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    “USAID was a viper’s nest of radical-left marxists who hate America,” he said in another message.