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VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales

Mar 10, 2026Center Left

Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brandsBusiness live – latest updatesEurope’s largest automaker, Volkswagen, is to shed 50,000 jobs by the end of the decade, as it faces falling sales in China and North America and punitive US tariffs imposed by Donald Trump.The 10-brand group, whose luxury subsidiaries Porsche and Audi are also under pressure, said the jobs would go in Germany, affecting the entire group, as part of a restructuring drive in light of the darkening global business climate. Continue reading...

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Feds tout 'well-prepared' Trump fair after blistering heat wave hospitalized attendees

Raw Story

26 minutes ago

Feds tout 'well-prepared' Trump fair after blistering heat wave hospitalized attendees

Federal officials described President Donald Trump's July 4 celebration as "safe" and "well-prepared" just hours after a record heat wave forced organizers to shut down the Great American State Fair and paramedics rushed to aid attendees, several of whom were reportedly hospitalized.In a joint statement Friday, Freedom 250, the U.S. Park Police, the National Park Service, the Secret Service and the Federal Emergency Management Agency said they had coordinated to expand cooling resources, water stations and medical support for the "Salute to America" event."We are proud to welcome the public to a safe, well-prepared, and truly memorable celebration of America's 250th birthday," the statement read.The reassurance arrived alongside a quiet concession. Organizers pushed back public entry to the Washington Monument grounds from 1 p.m. to 5 p.m. "to reduce prolonged exposure to heat," cutting four hours off the window guests can spend on-site.Trump's slot was left untouched, however. The president is still scheduled to deliver remarks at 9:45 p.m., followed by a 10:30 p.m. fireworks display his task force has billed as the largest in history.The statement capped a troubled stretch for the 16-day event. The fair was forced to close for hours Friday as the capital baked under an extreme heat warning, with the heat index projected as high as 113 degrees. One attendee earlier dunked herself in a baptismal pool to escape the heat, and reporters described a largely deserted fairground throughout the week.Washington was forecast to be hotter than 99 percent of the planet on Friday, according to a Washington Post meteorologist.

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Trump announces new pardons after privately weighing "Diddy" clemency, sources said

Politics - CBSNews.com

1 hour ago

Trump announces new pardons after privately weighing "Diddy" clemency, sources said

The four presidents carved into Mount Rushmore collectively issued over 1,100 pardons. President Trump, who is visiting there tonight, has outdone them all and is now adding more. Nancy Cordes reports.

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Trump Heads to Mount Rushmore, Where He Wants to See His Face

WSJ.com : U.S. News

1 hour ago

Trump Heads to Mount Rushmore, Where He Wants to See His Face

Geotechnical surveys have ruled out adding to the monument that is hosting the president on the eve of America’s 250th birthday.

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'Total disaster' at Trump's fair as scorching heat leaves 7 on 'advanced life support'

Raw Story

1 hour ago

'Total disaster' at Trump's fair as scorching heat leaves 7 on 'advanced life support'

A reporter braving a blistering heat wave at President Donald Trump's Great American State Fair described chaos at the event as paramedics raced to save attendees, with seven said to be on "advanced life support" in the hospital.Julian Andreone of Drop Site News was on the ground Friday at the fair detailing what he called a "hectic" scene."It really is hectic. It's chaotic. It's a total disaster," Andreone said. "They haven't planned for this at all."As Andreone recorded the conditions, multiple people ran past carrying cold water to help their loved ones who had fainted. During one 71-second clip, Andreone recorded two people racing past him and an ambulance arriving separately with a siren blaring."People are profusely sweating and need water," he said.Andreone reported in an X update that "7 people are on advanced life support in the hospital."In another clip from the event, Andreone points to another person lying down in the back of an EMS truck making its way across the lawn. The event had already been temporarily shut down earlier in the day as the record heat gripped Washington, with organizers planning to reopen at 5 p.m.Washington Post meteorologist Ben Noll noted on X that Washington, D.C., would be warmer than "99 percent of the planet on Friday.""Only parts of Africa's Sahara Desert, the Middle East, China's Gobi Desert and a few spots in the Desert Southwest will be hotter," Noll noted.The conditions have driven attendees to desperate measures, with one Trump supporter earlier dunking herself in a baptismal pool to escape the heat.The post caught Andreone's eye."Great time for a poorly planned and shoddily constructed fair in a wide open field with no shade," he quipped.His account matched what reporters found on the ground: a largely deserted fairground baking in triple-digit heat.Update: 7 people are on advanced life support in the hospital. Here’s a brief snippet of some of our Drop Site reporting from the ground, showing medical staff rushing to get people water and EMS crews driving around, one with a patient in the back on a gurney. https://t.co/PWu358OlbW pic.twitter.com/ItPx4W6yqE— Julian Andreone (@JulianAndreone) July 3, 2026

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Trump, ballot seizures and a ‘declaration’: Gavin Newsom teases tiresome July 4 address to the state

New York Post

2 hours ago

Trump, ballot seizures and a ‘declaration’: Gavin Newsom teases tiresome July 4 address to the state

"You’re gonna want to tune in tomorrow!" his press office said.

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Lakers shopping Dalton Knecht, Jarred Vanderbilt amid trade rumors

New York Post

2 hours ago

Lakers shopping Dalton Knecht, Jarred Vanderbilt amid trade rumors

The Lakers have been busy this offseason with general manager Rob Pelinka orchestrating a full-fledged roster transformation.

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'Not mentally well': MAGA suspects Trump sabotaged by liberals armed with weather machines

Raw Story

2 hours ago

'Not mentally well': MAGA suspects Trump sabotaged by liberals armed with weather machines

Kylie Jane Kremer, the activist listed as the permit holder for the Jan. 6 rally that preceded the Capitol attack, has floated a new theory about Washington's summer heat: it's sabotage.In a post on X, Kremer claimed someone with an "extreme case" of Trump derangement syndrome "geoengineered" the weather in D.C. She pointed to the cold at Trump's inauguration as proof of the same plot."I’m telling y’all that someone with an extreme case of TDS geoengineered this weather in DC. Same way they geoengineered Trump’s inauguration to be one of the coldest in U.S. history. People with TDS hate Trump more than they love America," she wrote on X.Her post came in response to Washington Post meteorologist and reporter Ben Noll, who noted the nation's capital would be "hotter than 99 percent of the planet on Friday.""Only parts of Africa's Sahara Desert, the Middle East, China's Gobi Desert and a few spots in the Desert Southwest will be hotter," he wrote on X.Forecasters called the inauguration D.C.'s coldest in decades, and the ceremony was moved indoors. But whether progressives with weather machines were responsible is another matter. And the internet didn't spare her. Former Republican Rep. Adam Kinzinger wrote that people pushing the theory are "not mentally well," while internet commentator Damin Toell reminded followers that Kremer was also a key figure in the 2020 "stop the steal" movement. Writer Joe Flood noted that a woman who helped host the Jan. 6 rally now believes liberals control the weather.Julian Andreone of Drop Site News leaned into the joke, sarcastically agreeing that July heat in D.C. is "very suspicious." Climate advocate Benji Backer flagged the contradiction."Climate change can’t be real but this can be. Got it. Trying to catch up," he joked.The claim echoes a pattern among MAGA figures, including Marjorie Taylor Greene's flood conspiracy theory and her bill to ban "weather modification" after the deadly Texas floods. Even fellow Republicans have stepped in to debunk the weather-control claims. Meteorologists have said cloud seeding cannot produce disasters.

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'God is angry': Internet bemused as Mother Nature comes for Trump's Mount Rushmore speech

Raw Story

2 hours ago

'God is angry': Internet bemused as Mother Nature comes for Trump's Mount Rushmore speech

Severe weather threatened to put a damper on Friday on President Donald Trump's plans to speak near Mount Rushmore in South Dakota, prompting amusement from internet critics who said it seemingly indicated "god is angry."Trump was flying to South Dakota as part of a broader July 4 and America-250 trip, planning to visit the iconic American landmark for an Independence Day fireworks celebration. But Mother Nature, it seems, had other plans. A severe thunderstorm warning was in effect until 7:30 p.m. Eastern Time for the area, with quarter size hail that could damage vehicles reported by the National Weather Service. "Seek shelter inside a well-built structure and stay away from windows. This storm is capable of producing large hail," an alert on the weather service read.The weather alert forced Fox News to scramble, with host Bret Baier telling viewers they had breaking news."They just said there is severe weather on the way. In fact, they said hail could be coming, and they are urging everybody to get inside," said Baier, adding: "We're going to get to shelter."The setback prompted mockery from onlookers, with Ron Filipkowski, editor-in-chief of the progressive MeidasTouch news outlet, quipping on X, "God is angry."Dan Koh, a Massachusetts Democrat running for Congress, chimed in on X, "Considering Trump wants to cut the National Park Service budget by 40% and Mount Rushmore has a $57m repair backlog, you better run."The progressive influencer account known as Polly Sigh added: "Calamitous weather seems to follow Trump around these days. Mother Nature is so over him."Writer Joe Flood joked, "damn antifa!"Trump has had mixed luck with weather in recent weeks, with scorching temperatures and rain derailing his Great American State Fair.Fox at Mount Rushmore: They just said there is severe weather on the way. In fact, they said hail could be coming and they are urging everybody to get inside. We're going to get to shelter. pic.twitter.com/hyfc0nPghU— Acyn (@Acyn) July 3, 2026

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VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales

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VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales

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