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Surfers in parts of California are noticing something frustrating about the surf this summer: It sucks.

“[The waves] have been so small and so bad along with the weather. It’s been funky since the spring,” said Bud Freitas, owner of Surf School Santa Cruz.

While differences in weather and temperature always mean smaller waves during the summer months, some surfers say the conditions this year are uniquely bad.

“It’s been good for us as we haven’t had to  …  More

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Automaker Ford estimates its electric vehicle division will lose $4.5 billion this year, $1.5 billion more than it predicted in March.

Fortune said Ford’s revised forecast comes from a sluggish receptiveness by consumers to the new battery-powered vehicles.

So far this year, Ford’s EV division has shed nearly $1.8 billion, Fortune reported.

Ford now also estimates   …  More

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