Business

ABC Challenges FCC In Landmark Clash Over ‘The View’ Equal Time Rule

ABC Challenges FCC In Landmark Clash Over ‘The View’ Equal Time Rule

ABC has filed an aggressive legal challenge against the FCC, arguing the agency is overstepping its authority by targeting 'The View' and threatening its license renewals. The standoff arrives amid heightened scrutiny from the Trump administration regarding political coverage and host commentary.

Toyota Annual Profit Plunges as Tariff Costs Hit $9 Billion

Toyota Annual Profit Plunges as Tariff Costs Hit $9 Billion

Toyota has slashed its full-year profit forecast by 16% as trade tariffs create a $9 billion drag on earnings. The automotive giant faces mounting pressure as quarterly net income drops nearly 40% amid ongoing U.S. trade policy reviews.