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Business News

Honeywell to Split into Three Independent Companies

Honeywell has announced plans to divide into three separate companies, following a trend among major U.S. conglomerates like General Electric and Alcoa. The split will see the company separate its automation, aerospace, and advanced materials divisions, aiming to create more agile, industry-focused entities. CEO Vimal Kapur stated that this move will allow each business to pursue tailored growth strategies and unlock greater value for shareholders. The decision comes amid shareholder pressure and follows Elliott Investment Management’s push for restructuring after acquiring a significant stake in Honeywell. The spinoffs are expected to be completed by late 2026, reflecting a broader shift in corporate strategy away from sprawling conglomerates toward more specialized, independently operated companies.

Ford CEO Calls for Comprehensive Tariff Policy on Auto Imports

Ford CEO Jim Farley is urging the U.S. government to take a broad approach to tariffs in the automotive industry rather than targeting select countries. Speaking on Ford’s earnings call, Farley criticized the proposed 25% tariffs on Canada and Mexico while automakers like Toyota and Hyundai continue importing hundreds of thousands of vehicles from Japan and South Korea with little to no duties. He warned that selectively imposing tariffs would give foreign competitors an unfair advantage. The remarks come amid ongoing trade negotiations and recent tariff increases on Chinese goods. With nearly half of all vehicles sold in the U.S. produced abroad, Farley’s comments highlight the growing tensions over trade policies affecting the auto industry.

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Accomplish More. Juggle Less.

When you love what you do, it can be easy to take on more — more tasks, more deadlines, more hours – but before you know it, you don’t have time to do what you loved in the beginning. Don’t just do more – do more of what you do best.

BELAY’s flexible staffing solutions leverage industry experience with AI systems to increase productivity without sacrificing quality. You can accomplish more and juggle less with our exceptional U.S.-based Virtual Assistants, Accounting Professionals, and Marketing Assistants. Learn how with our free ebook, Delegate to Elevate, and leave the more to BELAY.

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Tip of the Day

Sell the Outcome, Not the Process

Customers don’t buy features; they buy results. Focus your marketing on the transformation your product or service provides.