Toyota Raises Profit

Toyota raises profit forecast and aims to double down on China

Plans for new battery and electric vehicle plant in Shanghai unveiled for Lexus brand

Financial Times - 9h

Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government

ABC News - 9h

Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates

Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market shift toward electric vehicles.

CNBC - 10h

Santander profits rise at UK arm

Spanish lender says it faces competitive environment in market where future of its business remains in doubt

Financial Times - 9h

Trump oil tariffs expected to raise price at the pump

President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as planned after a 30-day delay. Analysts told The Hill that the 10 percent ...

The Hill - 1d

Trump tariffs expected to raise consumer prices

As President Trump imposes tariffs on goods imported to the U.S. from Canada, Mexico and China, economic experts warn they could lead to higher prices for American consumers. NBC News' Brian Cheung ...

NBC News - 3d

Oil giant Shell raises dividend despite full-year profit miss

British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.

CNBC - 6d

23andMe is exploring strategic alternatives, looking to raise capital

23andMe said it's started exploring strategic alternatives, including a possible sale.

CNBC - Jan. 29

Southern California Rainstorms Raise Risks of Mudslides

The charred soil left by the wildfires could create conditions ripe for mudslides because the rain, which will last into Monday, will just run off, forecasters said.

The New York Times - Jan. 27

Auschwitz 80th anniversary gathering raises difficult questions

World leaders gather in Poland on Holocaust memorial day, Fed and ECB make rate calls, and the Year of the Snake begins

Financial Times - Jan. 26

Carter watches No. 15 raised to rafters by Nets

Vince Carter became the seventh Nets player to have his number retired, something he labeled as "insane." "It is an honor to be up there with you gentlemen," he said.

ESPN - Jan. 26

How to Invest During a Presidency With a Deep Devotion to Profits

Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to rejoice, our columnist writes.

The New York Times - Jan. 24

March for Life: Abortion Opponents Raise Their Ambitions

The March for Life on Friday will bring together a movement invigorated by some early moves of the second Trump administration.

The New York Times - Jan. 24

Baya Systems raises $36M for AI and chiplet innovation

Baya Systems, a chip technology company that wants accelerate intelligent computing, raised $36 million in funding.

VentureBeat - Jan. 23

Netflix raising prices as subscriptions soar

Netflix plans to raise the cost of a subscription after reporting one of its best financial quarters to end 2024. A standard basic plan including advertisements will now cost $17.99, with a premium ...

The Hill - Jan. 22

Netflix to raise prices in US as new subscribers soar

Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.

BBC News - Jan. 22

Apple is accused of profiting from 'blood minerals'

The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.

Financial Times - Jan. 21

McCarthy on Biden pardons: 'It raises doubt on what they did'

Former Speaker Kevin McCarthy (R-Calif.) criticized President Biden's decision to pardon Anthony Fauci, Gen. Mark Milley, former Rep. Liz Cheney (R-Wy.) and other members of the House panel that ...

The Hill - Jan. 20

Underdog Djokovic must 'raise his game' for Alcaraz

Novak Djokovic, a record 10-time Australian Open champion, finds himself in an unusual position - labelled the underdog when he plays Carlos Alcaraz.

BBC News - Jan. 20

BoJ looks to raise rates in shadow of Trump inauguration

Increase would further entrench officials’ move to normalise monetary policy

Financial Times - Jan. 20

Toyota unit to settle emissions scandal for $1.6bn

The truck company will also be banned from importing its diesel engines into the US for five years.

BBC News - Jan. 17

Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case

Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.

The New York Times - Jan. 16

Toyota reaches $1.6 billion settlement of emissions fraud case in U.S.

U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.

CBS News - Jan. 16

Toyota subsidiary to pay $1.6 billion over U.S. emissions fraud case

Toyota subsidiary Hino Motors will pay $1.6 billion to settle a fraud case that alleged the company deceived regulators about emissions amounts from its diesel engines, U.S. officials have ...

CBS News - Jan. 16

How Nissan's profits dropped 90% in one year

Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.

CNBC - Jan. 15

FirstFT: ‘Breakthrough’ raises hopes for Gaza ceasefire deal

Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for Alexa

Financial Times - Jan. 14

China corporate profits set for third year of declines

Oversupply drives intense competition that is undermining prices and profitability

Financial Times - Jan. 13

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - Jan. 12

As Delta Reports Profits, Airlines Are Optimistic About 2025

The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.

The New York Times - Jan. 11