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Stock impact report

Data Sheet—Ford CEO Says Cars Have Restricted Some Freedom [Fortune]

LONG BLOCKCHAIN CORP COMMON (LBCC) 
US:NASDAQ Investor Relations: investors.longislandicedtea.com
Company Research Source: Fortune
I’ve attended innumerable keynote addresses by top executives at technology conferences, but never a talk quite like the one Ford CEO Jim Hackett gave Tuesday morning at the annual CES conference in Las Vegas. Most CEOs preside over whiz-bang demos with snazzy slides and the occasional celebrity to wow the nerds. Hackett instead cut an avuncular figure in a cardigan sweater vest, sat quietly and a bit hunched over on a tall chair, and shared his vision of the future of transportation. That vision is bold if incredibly risky. It acknowledges that for all the genius of Henry Ford, whose groundbreaking business processes gave the world the freedom of the open road, his cars also brought parking lots, congestion, pollution, decrepit town centers and worse. “By enabling one kind of freedom we restricted another,” said Hackett, sounding very much like the corporate intellectual he is but also a bold radical, willing to speak truth to the power of his own adopted industry. Show less Read more
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