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Japan’s Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

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www.news4jax.com – Yuri Kageyama, Associated Press – 2025-02-05 00:24:00

SUMMARY: Toyota is expanding its electric vehicle (EV) and battery production in China through a new partnership with the Shanghai government. A new company will be established in Shanghai’s Jinshan district, aiming for an annual output of 100,000 Lexus EVs by 2027 and creating 1,000 jobs. Additionally, Toyota will build a $14 billion battery facility in North Carolina, creating 5,000 jobs, with shipments starting in April. This initiative responds to increasing EV demand in China and global sustainability concerns. Toyota also reported a 61% profit increase for its fiscal third quarter, boosting its profit forecast for the year.

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News from the South - Florida News Feed

Inflation shows mixed results for consumers

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www.youtube.com – ABC Action News – 2025-03-13 13:30:52

SUMMARY: Inflation reports released yesterday showed a slight decrease in the Consumer Price Index (CPI) to 2.8% in February from 3% the previous month, raising hopes for consumers. Experts believe this decline, influenced by stable grocery and lower gas prices, may prompt the Federal Reserve to maintain steady interest rates. However, caution remains as many predict inflation could rise again due to potential tariffs and trade wars under President Trump, adding further uncertainty to the economy. Experts report that while recent numbers are positive, long-term predictions remain challenging, with the next CPI report expected in April.

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The latest inflation report showed a slight cool down in some areas, but the grocery prices continued to push upwards.

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Tornado, severe storm threat possible for Central Florida this weekend

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www.youtube.com – FOX 35 Orlando – 2025-03-13 12:16:41

SUMMARY: Central Florida faces a potential tornado and severe storm threat this weekend, especially on Sunday. A significant weather system is moving across the U.S., starting with flash floods in Southern California, impacting St. Louis, and reaching the Deep South on Saturday with tornado risks in Mississippi and Alabama. By Sunday morning, the threat will extend to the Carolinas and Georgia, arriving in North Central Florida by afternoon. The area’s storm conditions could lead to tornado formation, prompting the Fox 35 weather team to declare Sunday a storm alert day for Florida in anticipation of these severe weather developments.

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FOX 35 has declared Sunday a Storm Alert Day for Central Florida, with severe weather and tornado threats in the forecast. Meteorologist Brooks Garner explains what you need to know.

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Steve Witkoff has gone from spotting Trump cash at a deli to helping him navigate Ukraine and Gaza

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www.clickorlando.com – Michelle L. Price And Aamer Madhani, Associated Press – 2025-03-13 06:39:00

SUMMARY: Steve Witkoff, a special envoy for President Trump, arrived in Moscow for high-level talks aimed at addressing Russia’s invasion of Ukraine. He is expected to meet with President Vladimir Putin following Ukraine’s agreement to a proposed U.S. ceasefire. Witkoff has a history of successful negotiations, including a recent prisoner swap involving an American teacher. A longtime friend of Trump, Witkoff has been pivotal in Middle Eastern negotiations and has helped secure significant agreements, including a ceasefire in Gaza. His close relationship with Trump has included significant political contributions and roles in Trump’s administration, including his position during the Republican National Convention.

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