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Honda Motor quarterly profit halves, missing estimates as U.S. auto tariffs bite

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Japanese auto giant Honda‘s first-quarter operating profits fell 50% year over year on Wednesday, missing estimates due to U.S. auto tariffs and a stronger yen. Here are Honda’s results compared with mean estimates from … Read more

Trump’s threatened 40% tariff on ‘transshipped’ goods tries to target China and its manufacturing strength

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used—by Chinese companies or others—to circumvent them. Goods deemed to be “transshipped,” or sent through a third country with lower export levies, will face an additional 40% duty under an incoming wave of … Read more

TikTok Promotes Stickers for Secretly Recording Meta Ray-Ban Video

A car customization company located not too far outside of Atlanta is promoting a product on the TikTok Shop that’s made out of the same vinyl used to wrap vehicles but is designed for a very different purpose. “Have a pair of Meta glasses and you want to get rid of this indicator, right here?” … Read more

Katie Holmes and Joshua Jackson’s Dance, Hug on Happy Hours Set 

Katie Holmes and Joshua Jackson continue to prove their chemistry is hot as ever. The pair were photographed together on set filming their upcoming film trilogy, Happy Hours, in New York City on Tuesday, August 5. A series of snaps showed Holmes, 46, leaping in Jackson’s arms for a hug as he lifted her off … Read more

Are businesses ready for Gen Z parents?

This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Like what you see? You can subscribe here. A parent walks down the street with his grandchildren in his arms in Hangzhou, China, on January 17, 2025. Costfoto | Nurphoto … Read more

Trump says Japan to import Ford’s huge F-150 pickup trucks

Donald Trump said Japan would accept imports of Ford’s huge F-150 pickup trucks, in the latest sign that the two countries are at odds in their understanding of a trade agreement the U.S. President announced last month. His comments came as Tokyo’s top negotiator headed to Washington to press the Trump administration to follow through … Read more

Claude Fans Threw a Funeral for Anthropic’s Retired AI Model

On July 21 at 9 am PT, Anthropic retired Claude 3 Sonnet, a lightweight model known for being quick and cost-effective. On Saturday, in a large warehouse in San Francisco’s SOMA district, more than 200 people gathered to mourn its passing. The star-studded funeral was put on by a group of Claude fanatics and Gen … Read more

Who Attended Hulk Hogan’s Funeral? Linda Hogan, Kid Rock, More

As close friends and family members of the late Hulk Hogan came together to say their final goodbyes to the famous wrestler, some of the most prominent names in sports entertainment, music and podcasting showed up to pay their respects. According to an insider who spoke exclusively to Us Weekly, Hulk (real name Terry Bollea) … Read more

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