TOKYO (AP) – Toyota reported Tuesday a nearly doubling of profit for the fiscal first quarter as solid demand in the U.S. and India combined with a favorable exchange rate to boost results.The Japanese automaker, which makes the Prius hybrid and Lexus luxury models, recorded a 1.48 trillion yen ($9.4 billion) net profit in the April-June period, up from 841 billion yen the same quarter the previous year.
NEW YORK (AP) – Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher.
WASHINGTON (AP) – U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from fighting in Iran and the closure of the Strait of Hormuz.
Editorials from The Wall Street Journal, The Washington Post, The Guardian and others
TOKYO (AP) – Nissan Motor Corp. reported Monday that it returned to profit in the first quarter of the fiscal year, helped by cost cutting measures and improved sales in some markets.
US dollar weakens sharply against the Japanese yen after officials intervene in markets
Canada’s second largest airline, WestJet, has agreed to a tentative agreement with flight attendants to end a strike that led to hundreds of flight cancellations and thousands of stranded passengers.
Startup born in a Boston backyard lab now refines rare earths for missiles and jets to thwart China
EXETER, N.H. (AP) – Tucked inside a New Hampshire office park, a small refinery zaps mining waste with electricity to tease out critical minerals needed for key U.S. weapons systems, including missiles used in the Iran war.
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