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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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May 20, 2026 / Tyler Durden
AI Is Making Business Email Compromise Nearly Impossible To Spot
AI Is Making Business Email Compromise Nearly Impossible To Spot Authored by Adam H. Douglas via The Epoch Times (emphasis ours), Business email compromise (BEC) is a targeted fraud scheme in which criminals impersonate vendors, executives, or accountants to steal money from businesses. AI has made these attacks dramatically harder to detect by generating personalized emails that mirror real writing styles and existing business relationships. Criminals are using AI to create highly convincing business email scams that can drain company accounts. Who is Danny/Shutterstock The FBI reported more than $20 billion in internet...
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