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."
Are IPhone Sales Growing Too Fast?
08:36 - Apple saw second-quarter profit surge by 33 percent on strong sales growth for the iPhone in China, allowing the company to boost its capital-return program by $70 billion. Bloomberg’s Cory Johnson examines Apple’s results on “Market Makers.” (Source: Bloomberg)
  • Access to Lending in Africa Biggest Bank Void: Diamond
  • U.S. Cargo Ship Seized by Iranian Forces: Arabiya
  • Can Twitter’s Vine, Periscope Entice Users With Video?