Iran Rejects US Proposed Ceasefire, Won't Be 'Fooled Again' As Attacks Continue With US Troops En Route

Buy-Now-Pay-Later Klarna Crashes As Outlook Cut Exposes Consumer Growth Cracks Klarna, the Swedish fintech firm best known for its buy now, pay later services, crashed in premarket trading in New York after it lowered its full-year revenue and gross merchandise value forecasts following a second-quarter active-user miss, overshadowing stronger-than-expected earnings. The buy-now, pay-later firm now expects 2026 revenue of $4.08 billion to $4.16 billion, down from a previous forecast exceeding $4.34 billion. Gross merchandise value is projected to be $149 billion to $151 billion, compared with earlier guidance of above...

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...

When A Society Has Reached Its Limits, Reforms No Longer Fix What's Broken Authored by Charles Hugh Smith via OfTwoMinds blog,The most difficult part of my framework to grasp is the keystone: our system has reached its limits. The difficulty is that this is impossible to understand if one is embedded in the system's beliefs of how the world works and wedded to the system's sclerosis via self-interest.Once self-interest dominates, it locks the system into its current configuration because attempting to change anything rouses resistance from whatever interests depend on...