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Toyota, Nissan, and Honda report significant profit declines due to fierce competition in China and a slow transition to electric vehicles. Toyota's profits dropped to $3.7 billion, while Nissan announced job cuts and a 70% reduction in profit outlook. The automakers face challenges from local rivals like BYD, which are rapidly gaining market share.
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In a surprising electoral shift, Donald Trump won key Arab American areas in Michigan, including Dearborn, where Vice President Kamala Harris lost significant support. This change reflects discontent with the Biden administration's stance on the Israel-Hamas conflict, leading some Arab American voters to back Trump as a protest against perceived neglect.
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The 2024 election results reveal significant shifts in voter demographics, particularly among younger and Latino voters. Vice President Kamala Harris lost ground compared to Joe Biden's 2020 performance, raising concerns for the Democratic Party's future strategies. Trump's gains among traditionally Democratic demographics indicate a troubling trend for upcoming elections.