Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

Toyota Says Tariffs Will Erase .3 Billion in Profits in Just 2 Months

[ad_1] A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen inflated the value of the company’s earnings. That May, Toyota reported the highest annual profit ever recorded by a Japanese firm. On Thursday, Toyota presented a significantly more somber outlook, projecting…

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Global Cult Following Keeps Le Creuset Simmering

Global Cult Following Keeps Le Creuset Simmering

[ad_1] They feature in the Duchess of Sussex’s “With Love, Meghan” Netflix cooking show. They’ve been spotted in rapper Snoop Dogg’s kitchen. Top chefs can’t live without them, and TikTok posts draw millions. For a maker of pots and pans, Le Creuset has had an astonishing global run and cult-like following that nobody could have…

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Clarence O. Smith, a Founder of Essence Magazine, Is Dead at 92

Clarence O. Smith, a Founder of Essence Magazine, Is Dead at 92

[ad_1] Clarence O. Smith, who convinced skeptical advertisers of the power and worth of the Black female consumer market in becoming a founder of Essence, the first general-circulation magazine directed at Black women, died on April 21. He was 92. Mr. Smith, who lived in Yonkers, N.Y., died in a hospital after a short illness,…

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Trump To Announce Trade Deal With UK On Thursday: US Media

Trump To Announce Trade Deal With UK On Thursday: US Media

[ad_1] Donald Trump will announce a trade deal with the United Kingdom on Thursday, US media reported, after the president touted a “major” upcoming agreement on social media. The New York Times and Politico reported that Trump was set to agree to a deal with Britain, citing multiple people familiar with the plans. Trump wrote…

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Trump Administration to Announce Trade Deal With Britain

Trump Administration to Announce Trade Deal With Britain

[ad_1] For Britain’s prime minister, Keir Starmer, the trade deal would offer vindication for his assiduous cultivation of Mr. Trump. During his visit to the Oval Office in February, Mr. Starmer turned up with an invitation from King Charles III for the president to make a rare second state visit to Britain. The Trump administration…

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A Bitter Return For Iraqis Kicked Out Of Europe

A Bitter Return For Iraqis Kicked Out Of Europe

[ad_1] Iraqi Mohammed Jalal lost 10 years of his life seeking asylum in Germany, without success. Instead of being granted refuge, he was sent back to the land he had fled. He now faces the same challenges that drove him to leave the northern Kurdistan region of Iraq. More than a year has passed, and…

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How Lost Radar and Silent Radios Have Upended Newark Air Travel

How Lost Radar and Silent Radios Have Upended Newark Air Travel

[ad_1] On a recent afternoon in Philadelphia, an air traffic controller began shouting that he had lost his radar feed for planes flying in and out of Newark Liberty International Airport. Some of his colleagues still had radar but their radios went dead, prompting frantic calls to their counterparts in New York urging them to…

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Pakistan Warns Will ‘Avenge’ Deaths From Indian Strikes

Pakistan Warns Will ‘Avenge’ Deaths From Indian Strikes

[ad_1] Pakistan has warned it will “avenge” those killed by Indian air strikes that New Delhi said were in response to an attack in Kashmir, signalling an imminent escalation in the worst violence in decades between the nuclear-armed neighbours. At least 43 deaths have been reported so far, with Islamabad saying 31 civilians were killed…

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Merz Supports Easing EU Fiscal Rules To Boost Defence Spending

Merz Supports Easing EU Fiscal Rules To Boost Defence Spending

[ad_1] Germany’s new Chancellor Friedrich Merz on Wednesday said that Berlin supports relaxing strict EU fiscal rules to let member states ramp up defence spending as he sought to establish his European credentials on his first foreign visits. Less than a day after scrambling to get enough votes in parliament to secure his job, Merz…

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Google Shares Plunge After Apple Executive’s Court Testimony

Google Shares Plunge After Apple Executive’s Court Testimony

[ad_1] Shares in Google parent Alphabet plunged more than eight percent on Wednesday after Apple executive Eddy Cue testified in federal court that Google’s search traffic on Apple devices declined last month for the first time in over two decades. Cue, Apple’s senior vice president of services, told the Washington antitrust trial that Google was…

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