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China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition
BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’”
The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...
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Jun 15, 2026 / Tyler Durden
Who Won The Third Gulf War?
Who Won The Third Gulf War?
Authored by Andrew Korybko,
Iran is poised to gradually return to the US-led Western order within certain limits exactly as Iran’s moderate faction has long wanted, its hardline faction has successfully preserved the armed forces and their missile stockpile, while Israel achieved none of its goals in its most epic defeat ever.
Iran and the US plan to sign a Zarif-inspired memorandum of understanding (MoU) on ending the Third Gulf War this Friday in Switzerland. The exact details aren’t yet known, and Fortune reported that there were at least three...
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Apr 27, 2026 / Tyler Durden
Supreme Court Hands Texas GOP Redistricting Win, While Virginia Judge Backs Democrats
Supreme Court Hands Texas GOP Redistricting Win, While Virginia Judge Backs Democrats
The U.S. Supreme Court on Monday granted Republicans a significant boost in the ongoing battle over congressional boundaries, issuing a summary reversal that allows Texas to proceed with its 2025 mid-decade congressional map for the November 2026 elections.
In the case, Abbott v. League of United Latin American Citizens, the justices overturned a federal district court’s earlier injunction against the new boundaries. The majority referenced its own prior opinion from late 2025 in the same litigation, while Justices Sotomayor, Kagan,...
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Jun 29, 2026 / Tyler Durden
Lawsuit Filed For Records On Jan. 6 Provocateur Ray Epps
Lawsuit Filed For Records On Jan. 6 Provocateur Ray Epps
Authored by Ken Silva via Headline USA,
During the Biden years, Kash Patel accused Jan. 6 provocateur Ray Epps of being a federal asset.
Referring to the fact that Epps was taken off the FBI’s Most Wanted list in early 2021, Patel said there was only two ways someone could get off that list—either they died or they’re working for the government.
Now that he’s FBI director, Patel has gone silent on Epps. But a New Jersey investigative journalist is trying to force disclosure with a Freedom of Information...
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