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Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota And Honda See Sharp Declines In Profit Amidst Iran War Pressures, Spiking EV Costs
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The automaker projected operating income of ¥3 trillion for the fiscal year ending March 2027, well below both analyst expectations of ¥4.6 trillion and last year’s ¥3.8 trillion.
The company said supply chain disruptions are driving up costs for aluminum, resins, and other materials, while logistics issues remain unpredictable. Toyota estimates the regional...
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Apr 7, 2026 / Tyler Durden
Cyber Crimes Costing Americans Nearly $21 Billion: FBI
Cyber Crimes Costing Americans Nearly $21 Billion: FBI
Authored by Naveen Athrappully via The Epoch Times,
The FBI released its 2025 Internet Crime Report, revealing that Americans were being defrauded to the tune of nearly $21 billion, with artificial intelligence (AI) and cryptocurrency crimes behind some of the massive losses.
“Americans who submitted complaints involving cryptocurrency reported the highest losses, with 181,565 complaints totaling more than $11 billion,” the agency said in an April 6 statement.
Roughly 70 million American adults, around 30 percent of the country’s adult population, own a cryptocurrency, with...
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Mar 31, 2026 / Tyler Durden
Bush Carrier Begins Scheduled Deployment Across Atlantic, With USS Ford Down For Repairs In Croatia
Apr 8, 2026 / Kyle Anzalone
Republicans: Iran Almost Cements the Fact that We Lose the Midterms
A source close to the White House believes President Donald Trump’s decision to launch an unprovoked war against Iran will cause the GOP to lose both the House and Senate in the upcoming midterm election. “This war in Iran almost cements the fact that we lose the midterms in November — the Senate and House,” […]
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