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Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail

Honda Projects First Loss Since 1957 - $15.7 Billion - Thanks To EV Strategy Fail Authored by Rob Sabo via The Epoch Times (emphasis ours), A reassessment of Honda Motor Co., Ltd., corporate electric vehicle (EV) strategy and planned cancellation of three EV models for the North American market could lead to losses totaling approximately $15.7 billion for its fiscal year ending March 31, the company said in a news release on March 12. A Honda SUV e: Prototype electric vehicle is displayed during a media day for the Auto Shanghai show...
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May 27, 2026 / Tyler Durden
Ukraine Donor Fatigue: Half Of Countries Withdraw From Czech Ammunition Initiative
Ukraine Donor Fatigue: Half Of Countries Withdraw From Czech Ammunition Initiative According to Czech President Petr Pavel, a full half of the Kiev-supporting Western coalition has quietly abandoned Prague's flagship initiative to jointly procure artillery ammunition for Ukraine's military. Pavel said that while 18 countries participated last year, only nine are still making financial contributions now. "This initiative has been delivering up to 50 per cent of all large caliber ammunition to the Ukrainians, so in this sense it cannot be replaced easily by anything else," the FT on Tuesday quoted...
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May 19, 2026 / Tyler Durden
Mamdani Touts First City-Owned Grocery Store
Mamdani Touts First City-Owned Grocery Store Authored by Chris Wade via The Center Square, New York City Mayor Zohran Mamdani on Monday announced the site of the latest city-owned grocery store as the democratic socialist looks to make good on a key campaign pledge. The 20,000-square-foot store, located in the Bronx’s Hunts Point neighborhood, is part of a $70 million plan that includes opening stores in the city’s five boroughs. The plan calls for hiring a private operator to run the store under the city’s pricing rules. The South Bronx store will be part of a new...
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May 20, 2026 / Tyler Durden
Starmer Hit With Legal Threat After Barring Conservative Speakers From Entering UK For National Rally
Starmer Hit With Legal Threat After Barring Conservative Speakers From Entering UK For National Rally Authored by Thomas Brooke via Remix News, U.K. Prime Minister Keir Starmer has been issued with a formal letter of claim after several foreign politicians, commentators, and activists were blocked from entering the United Kingdom ahead of a major rally in London last weekend. The legal threat was announced over the weekend by Dutch commentator Eva Vlaardingerbroek, who said she and others had instructed a lawyer to act on their behalf over potentially defamatory remarks made by...
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