Axios

Ford is again shifting its electrification strategy — delaying a planned electric pickup truck by 18 months and killing plans for a 3-row electric SUV.

Why it matters: After losing billions of dollars on electric vehicles in recent years, Ford now says it won't launch any EVs unless they can be profitable in the first 12 months.

While the tropical Atlantic looks to be quiet through much of the rest of August, predictions of a hyperactive 2024 hurricane season are still on track, forecasters warn.

Why it matters: Meteorologists have been unanimous in expecting an extremely active hurricane season, and the majority of storms are likely still to come.

• The heart of hurricane season comes in September into October.

A dangerous combination of heat and humidity has enveloped much of Texas, leading to one of its hottest days this summer on Wednesday, after a broiling Tuesday.

Why it matters: The National Weather Service is warning of "extreme" levels of heat risk in large swaths of central and southeastern Texas.

A new media company focused on social impact projects intends to open a first-of-its-kind movie studio in Baja, Mexico.

Why it matters: The Latino-founded venture, Phenomena Global, plans to tap Hollywood executives, Washington political players and advocacy groups to fund projects that are entertaining but also tackle issues such as climate change, mental health, and human rights.

The first three spots in climate groups' new $55 million, swing-state ad buy supporting Kamala Harris don't mention climate change or global warming.

Why it matters: It's a striking example of a wider — and longstanding — strategy from Democrats and allies to make economics and jobs the tip of the spear.