Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan 
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Ford Motor Co. has hired Doug Field away from Apple to become its chief advanced technology and embedded systems officer.
Field will oversee efforts including vehicle controls, enterprise connectivity, and driver assistance technology, and will report to Ford CEO Jim Farley.
For the past three years, Field was a vice president in Apple's "Special Projects Group," and is widely reported to have been leading the iPhone maker's program to build an autonomous, electric vehicle.
Although Apple has not publicly discussed its EV efforts, its project, dubbed Titan, has been rumored for years.
Field previously held senior engineering roles at Tesla and Segway.
From 1987 to 1993, Field was a development engineer for Ford.
Ford expects 40 percent of the vehicles it would sell to be electric by 2030 and has laid out plans to invest tens of billions of dollars in electric and autonomous vehicle efforts.
Apple declined to comment on whether anyone would take Field's place.
Apple spokesperson Josh Rosenstock said the company was grateful for Field's contributions.
