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."

"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)
  • How LeEco Plans to Compete With U.S. Tech Giants
  • 'Trend Toward Protectionism': Ex Ambassador To EU
  • Unity CEO: VR Is in the Early Stages, It'll Be Gigantic