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WBR: Wall Street Update 01 May 14
Thu, 1 May 14
Head of American automaker Ford1 steps down as chief executive. We hear how Alan Mulally steered2 the company away from bankruptcy3 and bailout. Plus, we get the latest news on the US financial markets from Jim Lebenthal at Lebenthal Asset Management in New York.
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1 Ford | |
n.浅滩,水浅可涉处;v.涉水,涉过 | |
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2 steered | |
v.驾驶( steer的过去式和过去分词 );操纵;控制;引导 | |
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3 bankruptcy | |
n.破产;无偿付能力 | |
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