Toyota Profit Forecast Hit by U.S., China Headwinds
May 8 (Bloomberg) -- Bloomberg's Jonathan Ferro reports that Toyota Motor Corp. forecast a smaller annual profit than estimated as the carmaker battles fiercer U.S. competition and falling demand in China. He speaks on Bloomberg Television's "On The Move."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
12:44 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)