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Volvo Cars is cutting two thousand five hundred jobs as the Swedish automaker swings to a quarterly loss. Caught between US tariffs, the collapse of EV incentives, and fierce competition from Chinese rivals on their own turf, Geely's ownership has offered Volvo far less protection than many expected. The road ahead looks difficult.
Across the Taiwan Strait, Typhoon Champi has swept past Taiwan, leaving one person dead, ninety four injured, and hundreds of flights grounded. Towering waves battered the coastline as the storm forced school closures and brought widespread travel disruption. Recovery efforts are now underway across the island.
And in New York, the long-running debate over Central Park's horse-drawn carriages may finally be reaching its conclusion. The city has voted to end the iconic tourist attraction by June two thousand twenty eight, with animal welfare advocates and public safety concerns ultimately tipping the balance against a tradition that has defined the park for generations.
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