Toyota Production Grinds to a Halt Due to Epic IT Failure

Toyota, one of the world’s leading automakers, recently had to suspend operations in 12 of its 14 Japan-based factories due to a massive IT failure, resulting in a daily production loss of approximately 13,000 cars. The problem? The carmaker ran out of hard drive space.

Workers assemble fourth generation Toyota Prius cars on the production line at the company's Tsutsumi assembly plant in Toyota City, Aichi prefecture on December 8, 2017. / AFP PHOTO / Toshifumi KITAMURA (Photo credit should read TOSHIFUMI KITAMURA/AFP via Getty Images)

Mexico Replaces China as Top U.S. Trading Partner

Senior economist Luis Torres of the Federal Reserve Bank of Dallas noted on Tuesday that Mexico has replaced China as the top U.S. trading partner, racking up $263 billion in trade during the first four months of 2023. China had been the top American trading partner since 2014, when it displaced Canada.

MEXICO CITY, MEXICO - JANUARY 09: U.S. President Joe Biden and President of Mexico Andres Manuel Lopez Obrador shake hands during a welcome ceremony as part of the '2023 North American Leaders' Summit at Palacio Nacional on January 09, 2023 in Mexico City, Mexico. President Lopez Obrador, USA President Joe …