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"Radical Earnings Cut": JPMorgan Sounds Alarm After BMW's Forecast Shock

"Radical Earnings Cut": JPMorgan Sounds Alarm After BMW's Forecast Shock BMW shares cratered in Germany after the automaker warned investors it would slash its 2026 margin guidance to as low as 1%, down from a prior estimate of as high as 6%, amid weakening demand in China, Middle East-related pressures, rising energy costs, and a deteriorating consumer backdrop hitting sales and profitability. BMW now expects its pretax profit to fall sharply this year, versus a prior expectation of a moderate decline, and for deliveries in the auto segment to slide, compared...
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Oct 11, 2026 / Tyler Durden
"Full-On Truman Show": Former State Dept. Official Exposes USAID's Censorship Machine In Brazil
"Full-On Truman Show": Former State Dept. Official Exposes USAID's Censorship Machine In Brazil Former State Department official Mike Benz laid out USAID's sweeping involvement in Brazil's political and institutional landscape, detailing a network of American funding that reached media organizations, universities, activist groups and organizations involved with the country's election system. Benz, who serves as executive director of the Foundation for Freedom Online, broke down the extent of USAID's footprint during an appearance on "The Benny Show" with host Benny Johnson. "What's happening in Brazil was a full-on Truman show. You had...
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Jul 2, 2026 / Tyler Durden
KKR And SK Launch South Korea's Largest Renewable Energy Platform
KKR And SK Launch South Korea's Largest Renewable Energy Platform By Tsvetana Paraskova of OilPrice.com Global investment firm KKR and South Korea’s industrial conglomerate SK Inc are launching the single biggest renewable energy platform in South Korea to help meet growing power demand from AI and chip manufacturing. KKR and SK Inc are creating the platform, valued at about $1.3 billion, or 2 trillion South Korean won, to combine 1.7 gigawatts (GW) of clean energy capacity in operation and a pipeline of projects in development that would boost the platform’s total capacity...
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Oct 19, 2026 /
Rubio Warns Ukraine War Could Escalate Into Conflict With NATO
Secretary of State and National Security Adviser Marco Rubio warned that the war in Ukraine could spread to other countries through sabotage operations or accidental drone incursions. Multiple NATO states have blamed Russia for conducting sabotage operations.  “We see nothing good coming from [the Ukraine] ​war,” Rubio said. “We see a lot of downside to […]
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