Ford Motor may have to lay off employees if the Trump administration ends subsidies for electric vehicle manufacturing, CEO Jim Farley warned at a conference in New York. Farley also criticized President Trump’s proposed tariffs on cars from Mexico and Canada, stating they would harm the US auto industry. Despite commending Trump’s efforts to strengthen the industry, Farley expressed concerns over the potential negative impact of current policies on jobs and industry competitiveness.
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Waterstone Financial Boosts Q2 Profits
Waterstone Financial (NASDAQ:WSBF), a Wisconsin-based bank holding company, reported a 38.7% year-over-year increase in earnings per share to $0.43 for Q2 2025, with net income rising 35.1% to $7.7 million. The bank focuses on community and mortgage banking, emphasizing margin improvement, deposit growth, and operational efficiency amid evolving economic conditions and a competitive real estate market. Want More Context? 🔎
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