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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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DHS Rescinds Policy Requiring Secretary Review Of Contracts Above $100,000
DHS Rescinds Policy Requiring Secretary Review Of Contracts Above $100,000
Authored by Kimberly Hayek via The Epoch Times (emphasis ours),
The Department of Homeland Security (DHS) rescinded a policy on March 31 that required the department secretary to personally approve every contract and grant exceeding $100,000.
U.S. Immigration and Customs Enforcement at the Department of Homeland Security in Washington on Feb. 17, 2026. Madalina Kilroy/The Epoch Times
Homeland Security Secretary Markwayne Mullin issued the reversal across all DHS components, including Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE). The...
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Feb 23, 2026 / Roman Kireev
The End of Artificial Employment
AI is not the killer—it is the coroner.
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