of ford motor company effective october 1st jim packet is set to retire after 3 years at the wheel of the american automaker to change up at ford comes as the company's looking to update its aging model line with a new line of vehicles including electric and autonomous vehicles. the e.u. is launching an investigation into google's proposed takeover of u.s. firm fitbit and that's due to the amount of personal data the wearable devices can collect about the use or the european commission worries data could be used to entrench google's position and personalized advertising. or gold continue to surge in value briefly touching an all time record of more than $2000.00 an ounce before retreating slightly. prices rising more than 30 percent this year driven in part by lower bond yields and a rush by investors into so-called safe haven investments in time of times rather of economic uncertainty. and let's get some more insight on this from our financial correspondent in new york yen scored a yen is what really is behind gold's rise here. it's an and credible run and when it one of the main fac

we are also working with ford motor company and general electric to produce over 30,000 ventilators a month. in michigan, they have done a great job. our nation is now the king of ventilators. i say that. the king of ventilators. we are sending them all over the world and helping countries who never would have ventilators. we are looking to produce over 200,000 ventilators by the end of the year. those are some numbers. so we are helping a lot of countries. in april, i directed 3m to increase its manufacture of the n95 masks. by may, they had increased production by over one million masks a day. think of that. they increased production of masks by over one million a day. 3m is now manufacturing an additional 39 million masks a month. toalso worked with honeywell open factories in arizona and rhode island. they are now producing over 20 million masks a month. by the end of the year, domestic use of manufacturing will have produced over one billion n95 respirators, and all of them are made right here in the usa. that is a big difference from the past. in 90l, we have increased five mass

record and is -- and has now produced over 27 thousand ventilators and we are working with ford motor companyeneral electric to produce over 30,000 ventilators per they've donehigan, a great job and our nation is now the king of ventilators. we are sending them all over the world and helping a lot of countries that could never have ventilators. i guess we are looking to produce over 200,000 ventilators by the end of the year. those are some numbers. we are helping a lot of countries. toapril, i directed 3m increase its manufacturing of n-95 masks and by may, they had increased -- increased to over one million masks per day. think of that. over one million per day, 3m is now manufacturing additional 39 million masks per month. we also worked with honeywell to open factories in arizona and rhode island, they are now producing over 20 million masks per month. by the end of the year, domestic u.s. manufacturing will have produced over one billion n-95 respirators and all of them are made right here in the usa. that's a big difference from the past. massve increased n-95 productions by 400 million

. >> our nation is the king of ventilators working with ford motor company and general electric to produce 30,000 ventilators a month. >> reporter: the president relied heavily on briefings this week to get out his message, he will take a more direct approach next week hitting the campaign trail is democrats take off their convention festivities, trump reelection campaign confirming to fox news the president will visit four battleground states during the four days of the democratic convention including pennsylvania, wisconsin, minnesota and arizona. the weekend will see the president make his way to the garden state of new jersey where he will spend much of the weekend. a bit of a respite before kicking off the road portion of his reelection campaign into high gear and that means you and i will be very busy. tracy mack it feels like we're in the middle of the presidential campaign, the pandemic has put a pause on that. thank you so much. donald trump's younger brother robert is said to be very ill, the president visited him this evening at the new york hospital saying the two always had a

working with ford motor company and general electric to produce over 30,000 ventilators a month. >> whilehe president relied heavily on prethings this week to get out his message, he will take a more direct approach nexn trail as the democrats kick off their festivities. the trumpet election campaign confirmed with fox news tonight the president will visit for battleground states during the four days at the democratic convention including pennsylvania, wisconsin, minnesota and arizona. of course, that weekend we will see the president make his way over to the garden state of new jersey. and to be specific where he will spend much of the beacon. a respite i think is fair to say before taking off the roof portion of his reelection campaign into high gear. that means you and i, kristin, will be very busy. >> kristin: you know, kevin i was going to say it it is starting to peel finally in the middle of a presidential campaign. this pandemic certainly put a pause on that with that travel back. kevin corke thank you so much. >> you bet. president trump's younger brother robert is said to be ver

we are also working with ford motor company and general electric to produce over 30,000 ventilators a. in michigan they have done a great job. our nation is now the king of ventilators. i say that, the king of ventilators. we are sending them all over the world and helping a lot of countries that could never have ventilators. really, i guess we are looking to produce over 200,000 ventilators by the end of the year. those are some numbers. we are helping a lot of countries. in april, i directed the 3m to increase its manufacturing of n95 masks. by may we had to increase production by over a million masks a day. think of that, the increased production of masks by over 1 million a day. 3m is now manufacturing an additional 39 million masks a month, and we also worked with honeywell to open factories in arizona and rhode island. they are now producing over 20 million masks a month. by the end of the year, domestic u.s. manufacturing will help reduce over 1,000,000,095 respirators, and all of them are made right here in the usa. that's a big difference from the past. overall we've increase

we're also working with ford motor company and general electric to produce over 30,000 v ventilators in michigan. they've done a great job. our nation is now the king of ventilators. i say that, the king of ventilators. we're sending them all over the world and helping a will tlot o countries that could never have ventilators. and it's really -- i guess we're looking to produce over 200,000 ventilators by the end of the year. those are some numbers. so we're helping a lot of countries. in april i directed 3m to increase its manufacturing of n95 masks. by may they had increased production by over a million masks a day. think of that, they increased production of masks by over 1 million a day, 3m is now manufacturing an additional 39 million masks a month. we also worked with honeywell to open factories in arizona and rhode island. they're now producing over 20 million masks a month. by the end of the year, domestic u.s. manufacturing will have produced over 1 billion n95 respirators, and all of them are made right here in the usa. that's a big difference from the past. overall, we've

streetlights weren't working, garbage wasn't >> the foundation started with the profits of the ford motor company its new york headquarters is a 1963 ad from a new orleans newspaper. >> it said notice to all white citizens, stop buying ford cars and trucks. >> this was directly targeting the ford foundation. >> absolutely because the ford foundation was seen as a financier of civil rights. >> walk kmoers linows like the itself carries a complicated legacy. >> i'm lucky to lead a foundation founded by a man who was a great anti-semite and racist but a great philanthropist. >> you say as a country we need to embrace our flaws. >> we are as a nation boston those nuclear i was the. >> the 60-year-old walker who wields great influence came from modest beginnings. >> how did a great lakes kid with a single mom make it here? walker's mother was a nurse's assistant. >> she was determined that i be in head start. >> what did she know about head start? >> she knew that a lady in 1965 walked up to our little shotgun house in ames, texas and told her about this new problem that president johnson had put in p

. >> there is a shakeup at the top of ford motor company, jim hackett who has been ceo and presidentf the company since may of 2017 is retiring october 1st taking over on october 1st will be jim farley who is the coo of the company this is a move that had been widely expected. the timing is a business of a surprise, nobody was quite sure when this would happen, but it's not a surprise that jim farley is taking over for jim hackett this is a company that under hackett has not been able to turn itself around hackett was brought in, he was a board member, previously he had done a great job at steel case the office furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for autonomous vehicles, for electric vehicles. that hasn't happened ford has been mired in really not being -- making the move that it's needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty

we are also working with ford motor company and general electric to produce over 30,000 ventilators an michigan. they have done a great job. our nation is now the king of ventilators. i say that. the king of ventilators. we are sending them all over the world and helping a lot of countries that could never have ventilators. it's really, i guess we're looking to produce over 200,000 ventilators by the end of the year. those are some numbers. so we're helping a lot of countries. in april, i directed 3m to increase its manufacturing of n95 masks. by may they had increased production by over a million masks a day. think of that. they increased production of masks by over one million a day. 3m is now manufacturing an additional 39 million masks a month. we also worked with honeywell to open factories in arizona and rhode island. they are now producing over 20 million masks a month. by the end of the year, domestic u.s. manufacturing will have produced over one billion n95 respirators and all of them are made right here in the usa. that's a big difference from the past. overall we have incr

. >> there is a shakeup at the top of ford motor company, jim hackett who has been ceo and presidentsince may of 2017 is retiring october 1st taking over on october 1st will be jim farley who is the coo of the company this is a move that had been widely expected. the timing is a business of a surprise, nobody was quite sure when this would happen, but it's not a surprise that jim farley is taking over for jim hackett this is a company that under hackett has not been able to

. >>> executive shakeup at ford motor company. jim hackett retires.rating officer jim farley takes over as chief executive october the 1st. the stock is up 2%. but ford still languishing at six bucks a share. boeing up four bucks. 2.7%. the faa outlining design changes needed to get the max jet flying again. two software changes. the stock is up 4.66 to 166 a share. the price of gold, has it hit 2,000 bucks an ounce? almost. 1998. as for the bitcoin, 11,156. it is down 100 bucks as we speak. the tropical storm storm that made landfall in north carolina as a hurricane has been downgraded, still dangerous, barreling up the east coast. janice dean is tracking it all. what have we got, janice? >> stuart, still very dangerous. 70 mile-an-hour sustained winds. 74 makes it a hurricane. we have tornado watches in effect for the tri-state area. not done yet. the storm made landfall between wilmington and myrtle beach last night. 85 mile-an-hour winds, it was intensifying as it made landfall. we have seen unfortunately deadly tornadoes in north carolina. a high

general motors and even ford well they're racing to develop the most cutting edge driving cars but in ford's latest push to market itself as the leader in the autonomy skaar development the company is unveiling its plan for a road to the future our teens turn a chavez has more. just have a global slowdown driverless cars are gaining speed and automakers are betting billions that it's harmless bugel is what we need to get moving again one company is even taking steps on educating the community about the future of transportation . it looks like the state of michigan is getting a make over well 40 miles of it at least that's because the state along with some private partners are paving the way by assigning dedicated lanes for automated vehicles on a 40 mile stretch of highway between where else but the motor city and ann arbor the vehicles would be linked to a central computer system and would share data from sensors along the roadway and other vehicles coordinating their speeds and allowing them to travel faster than regular traffic making travel faster safer and more accessible the project is being led by cab new and infrastructure startup along with the support of ford general m

for what tesla has done having said that, look, ford is a company that needs to get moving quicker there is no doubt about that when you look at general motors, you know what mary barra is about. you may quibble about the response of the market to that, but she has delivered on the metrics she set out there. that's what they're looking fji farley. >> phil, thank you nikola earnings after the bell today. we'll see what they have to say. let aet guess let's get to washington. >> sara, stimulus talks are at a stalemate, not moving very quickly at all earlier today the press secretary at the white house gave a briefing where she said the president remains innately focused on unemployment benefits and helping those americans who are out of work but she declined to say whether given this agreement between the two parties and within the republican party whether the president would support a stand alone long term extension of these $600 weekly unemployment bump through the end of the year, something that would potentially be seen as an off i will branch to democrats senate republicans on capitol hill spent a couple hours trying to negotiate their po

ford motor is stepping down as ceo. and then over in the east bay clorox has just promoted the first woman ceo of its company in its 150-ri hall has been tracking that. certainly fog sticking around in san francisco this morning. >>> yeah. it looks like a blank screen but this is all the fog that we have in the city causing it to drizzle and it will be like this for much of the day, keeping those temperatures cool in san francisco and along the coastline and as we work our way inland we're going to get a lot more sunshine but also that cooler air coming over towards the south bay and some upper 80s for parts of the inland east bay. as we go through this forecast, more fog especially to start out tomorrow morning and that's to but we'll heat up again going into the end of the week into the weekend. we'll be back to the 90s in the valleys by this saturday. marcus? >> thanks, kari. >>> we'll have another local news update coming up in 30 minutes. ♪ >>> it's 8:00 on "today. coming up, breaking overnight. packing a punch. tropical storm isaias barrels up the east coast unleashing rain and wind >> this is probably the crazies