Duffy Slams Ford’s ‘Unacceptable’ Use of Chinese Tech

Brent crude futures crossed $100 a barrel for the first time since July after fresh U.S.-Iran fighting raised the likelihood of lasting supply disruptions. The U.S. military destroyed five Iranian oil tankers yesterday after Iran tried to hit American warships. Tehran responded by firing missiles into Jordan.

President Trump ordered a ban on certain dairy products, alcohol, and motorcycles after Canada imposed fresh tariffs on American goods. The bans won't go into effect until September 29th, giving the two sides time to negotiate.

Canadians should buy local and be their own best customer during this economic war.

President Trump is putting himself at the center of the party's efforts to keep control of Congress. Republicans hope Trump can reach voters who are not following politics and urge them to vote. The strategy comes with political risks as the president grapples with low approval ratings. Many lawmakers rolled their eyes at the convention and some are only attending for a short time.

The headline is expected to be a new foldable iPhone, an almost tablet-like device that fits in your pocket. John Turner, who took over as CEO last week, will be introducing the new devices. iPhones are likely to start at a $200 higher price point due to surging memory and storage chip costs from AI demand.

Ford is actively intertwining its future with Chinese state-backed enterprises through deals like licensing CATL battery tech and a Geely joint venture.

Duffy's letter is wrong-headed and Ford produces more vehicles in the U.S. than any other carmaker.

Ford's shares closed down more than four percent yesterday.

Ukraine plans to fire so many drones into Russian airspace that it becomes untenable for airlines to operate, without targeting civilian aircraft. Ukraine says any civilian catastrophe would be blamed on Russian authorities for not formally closing airspace as required by convention. The risk to civil aviation is increasing as Ukraine exponentially increases drone strikes near Moscow, Saint Petersburg, and Sochi. Russia has held off on a formal closure because aviation is critical to its economy and required for travel to allied countries. Ukraine's strategy is an economic campaign to make the war felt by everyday Russians and those with influence over Putin. A blanket airspace ban would hit core revenues Russia still gets from its aviation industry, including overflight fees from Chinese carriers.

The NFL is preparing for matchups in Rio, London, Paris, Madrid, Munich, and Mexico City, with designs on incorporating an international team.

Having an actual NFL franchise in Australia isn't logistically possible, but the league wants to build the audience and sell merch there.

The NFL is fueling its media empire through equity in CBS and a 10% stake in ESPN, which is airing its first Super Bowl.

The NFL is the last sliver of American monoculture and has retained incredible value for media and technology partners like Netflix.

The NFL will exploit every last quarter out of its product's value across different partners.