Afternoon Coffee: Caribbean Braces for Hurricane Maria, Ford Partners to Expand in India

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As this year’s historic hurricane season marches forward, the Caribbean is bracing for another blow, this time from Hurricane Maria. As the BBC reports, Dominica has already suffered “widespread damage” from the cyclone, which strengthened to a Category 5 storm Monday before making landfall. Maria is following a path similar to Irma, and governments in the region are concerned another direct hit so soon could set back relief efforts considerably.

Ford in India

Ford announced Monday it is forming a three-year partnership with Mahindra & Mahindra to “explore potential areas of collaboration on new technologies and retail sales,” the Wall Street Journal reports. The move closely follows GM’s exit from the country, which offers a promising auto market that has so far eluded Detroit, which faces stiff competition and thin margins from low-price cars.

Shiftgig Leadership 

Work intermediation platform Shiftgig announced Tuesday that Wade Burgess has joined the company as chief executive officer effective Sept. 25, according to a press release. Current CEO Eddie Lou will remain at Shiftgig, now serving as executive chairman.

"For nearly a decade I've had the opportunity to work toward LinkedIn's vision, creating economic opportunity for millions of professionals," said Burgess. "Shiftgig allows me to extend this mission to a broader base of the workforce — the gig and hourly worker. The natural synergy is not only in the missions of both companies, but the focus on positively impacting businesses and changing the talent landscape. I look forward to driving real impact for this segment of the workforce."

For more information on Shiftgig, see our related coverage below.

Crude Prices

And finally, a commodities update: Crude oil prices are pushing up to a five-month high, the Wall Street Journal reports, but prices at close Monday were mixed, with the U.S. benchmark higher and the global benchmark falling.

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