Japanese automaker Toyota Motor reported a second consecutive decline in quarterly profit, with a 28% drop in operating profit compared to the previous year, despite a rise in net income. The company’s consolidated vehicle sales also decreased, but it maintained its full-year dividend forecast and saw a slight increase in share value. Toyota’s focus on hybrids over fully electric vehicles has impacted its performance, although plans to build a new EV factory in China signal a shift in strategy.
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Donald Trump’s Transgender Order Blocked by Reagan-Appointed Judge
Khaleda Rahman, Newsweek's National Correspondent in London, reports on a federal judge's decision to block President Trump's executive order transferring transgender women to men's prison facilities. U.S. District Judge Royce Lamberth granted a temporary restraining order in response to a lawsuit filed by three transgender women, citing Eighth Amendment violations. The ruling suspends Trump's order until further legal proceedings. Full Article
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