losses

Nov. 14 (UPI) — Jaguar Land Rover reported a loss of $637 million over the three months ending in September, when it was hit by a cyberattack that shut down production.

In the same quarter last year, the company reported $523 million in profits. The company also reported additional costs of $258 million, which included outside consultants and other support after the attack, the BBC reported.

The company had to shut down production through all of September and early October because the attack disabled its computer systems.

Retail sales dropped in all markets. In the United Kingdom they were down by 32.3%. Sales fell by 12.1% in Europe, 9% in North America, 22.5% in China and 15.8% in the Middle East and North Africa.

Revenues for the quarter fell 24%, from $8.5 billion last year to $6.4 billion, the company told BBC.

JLR also had phased out several models as part of a plan to become an all-electric brand. Those new models are now delayed until at least 2026. The JLR CFO Richard Molyneux wouldn’t confirm a launch date.

“We will launch it when it is perfectly right,” he said.

The English manufacturer has confirmed that all plants are back up and running at capacity or near it.

“JLR has made strong progress in recovering its operations safely and at pace after the cyber incident,” said outgoing JLR CEO Adrian Mardell, The Guardian reported. “In our response we prioritized client, retailer and supplier systems, and I am pleased to confirm that production of all our luxury brands has resumed.

“The speed of recovery is testament to the resilience and hard work of our colleagues. I am extremely grateful to all our people who have shown enormous commitment during this difficult time,” Mardell said.

Auto production in the United Kingdom was at its lowest level for September since 1952, said the Society of Motor Manufacturers and Traders.

Eddie Murphy is set to star in his own Netflix special Being Eddie, which will take a look at his life and career for the first time.

Eddie Murphy might be amongst the most celebrated comedy legends of our time, but his early years were overshadowed by his father’s tragic and unexpected passing.

Being Eddie, a brand-new Netflix documentary launching on Wednesday, November 12, will offer an unprecedented glimpse into the life of the beloved actor and comedian Eddie Murphy.

Viewers will not only hear directly from the star himself but will also be introduced to his loved ones and given exclusive access to his opulent Beverly Hills mansion.

However, his upbringing in Brooklyn, New York, was worlds apart from his current lifestyle, as he emerged from a fractured household following the separation of his father Charles Edward Murphy and mother Lillian Murphy when he was just three years old.

The Coming to America legend previously revealed to Rolling Stone that he retained only “very dim memories” of his father due to the divorce and Charles’ untimely demise five years afterwards.

In 1969, Eddie Murphy’s father Charles was allegedly killed in a stabbing by a woman consumed with jealousy.

The performer revealed: “He was a victim of the Murphy charm ‘chuckles’.

“A woman stabbed my father. I never got all the logistics.

“It was supposed to be one of those crimes of passion: ‘If I can’t have you, then no one else will’ kind of deal.'”.

He went on: “Someone said to me one day, ‘That’s why you don’t trust women.'”.

“Get the f**k outta here. What are you, a f*****g psychiatrist?

“I don’t think the two have anything to do with each other.

“But I was really f-ked up about his death. It was really traumatic.”

Eddie has faced more than his fair share of loss in his life.

His uncle and father figure, Raymond Leon “Uncle Ray” Murphy, passed away in October 2013 at the age of 74.

In Eddie’s early career days, Uncle Ray was the head of his security and even had minor roles in some of his nephew’s films like Coming to America and Beverly Hills Cop II.

Tragedy struck again when Eddie’s older brother, fellow actor and comedian Charlie Murphy, died from Leukaemia in 2017 at just 57 years old.

Charlie was a talented individual who wrote and starred in the sketch comedy series Chappell’s Show and featured in the sitcom Black Jesus.

Being Eddie is set to premiere on Netflix on Wednesday, November 12.

WASHINGTON — As the federal shutdown has dragged on to become the longest in American history, President Trump has shown little interest in talks to reopen the government. But Republican losses on election day could change that.

Trump told Republican senators at the White House on Wednesday that he believed the government shutdown “was a big factor” in the party’s poor showing against the Democrats in key races.

“We must get the government back open soon, and really immediately,” Trump said, adding that he would speak privately with the senators to discuss what he would like to do next.

The president’s remarks are a departure from what has largely been an apathetic response from him about reopening the government. With Congress at a stalemate for more than a month, Trump’s attention has mostly been elsewhere.

He spent most of last week in Asia attempting to broker trade deals. Before that, much of his focus was on reaching a ceasefire deal between Israel and Hamas and building a $300-million White House ballroom.

To date, Trump’s main attempt to reopen the federal government has been calling on Republican leaders to terminate the filibuster, a long-running Senate rule that requires 60 votes in the chamber to pass most legislation. Trump wants to scrap the rule — the so-called nuclear option — to allow Republicans in control of the chamber to push through legislation with a simple-majority vote.

“If you don’t terminate the filibuster, you’ll be in bad shape,” Trump told the GOP senators and warned that with the rule in place, the party would be viewed as “do-nothing Republicans” and get “killed” in next year’s midterm elections.

Trump’s push to end the shutdown comes as voters are increasingly disapproving of his economic agenda, according to recent polls. The trend was reinforced Tuesday as voters cast ballots with economic concerns as their main motivation, an AP poll showed. Despite those indicators, Trump told a crowd at the American Business Forum in Miami on Wednesday that he thinks “we have the greatest economy right now.”

While Trump has not acknowledged fault in his economic agenda, he has began to express concern that the ongoing shutdown may be hurting Republicans. Those concerns have led him to push Republicans to eliminate the filibusters, a move that has put members of his party in a tough spot.

Senate Majority Leader John Thune of South Dakota has resisted the pressure, calling the filibuster an “important tool” that keeps the party in control of the chamber in check.

The 60-vote threshold allowed Republicans to block a “whole host of terrible Democrat policies” when they were in the minority last year, Thune said in an interview Monday with Fox News Radio’s “Guy Benson Show.”

“I shudder to think how much worse it would’ve been without the legislative filibuster,” he said. “The truth is that if we were to do their dirty work for them, and that is essentially what we would be doing, we would own all the crap they are going to do if and when they get the chance to do it.”

Sen. John Curtis (R-Utah) said last week he is a “firm no on eliminating it.”

“The filibuster forces us to find common ground in the Senate. Power changes hands, but principles shouldn’t,” Curtis said in a social media post.

As the government shutdown stretched into its 36th day Wednesday, Trump continued to show no interest in negotiating with Democrats, who are refusing to vote on legislation to reopen the government that does not include a deal on healthcare.

Budget negotiations deadlocked as Democrats tried to force Republicans to extend federal healthcare tax credits that are set to expire at the end of the year. If those credits expire, millions of Americans are expected to see the cost of their premiums spike.

With negotiations stalled, Trump said in an interview aired Sunday that he “won’t be extorted” by their demands to extend the expiring Affordable Care Act subsidies.

On Wednesday, Democratic legislative leaders sent a letter to Trump demanding a bipartisan meeting to “end the GOP shutdown of the federal government and decisively address the Republican healthcare crisis.”

“Democrats stand ready to meet with you face to face, anytime and anyplace,” Senate Democratic Leader Chuck Schumer and House Democratic Leader Hakeem Jeffries wrote in a letter to Trump.

The White House did not immediately respond to a request for comment on the Democrats’ letter.

“The election results ought to send a much needed bolt of lightning to Donald Trump that he should meet with us to end this crisis,” Schumer told the Associated Press.

Trump’s remarks Wednesday signal that he is more interested in a partisan approach to ending the shutdown.

“It is time for Republicans to do what they have to do and that is to terminate the filibuster,” Trump told GOP senators. “It’s the only way you can do it.”

If Republicans don’t do it, Trump argued Senate Democrats will do so the next time they are in a majority.

Democrats have not signaled any intent to end the filibuster in the future, but Trump has claimed otherwise and argued that it is up to Republicans to “do it first.”