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Business News
Nasdaq approaches 6,000 as stocks gain in afternoon trade
U.S. stocks climbed in afternoon trading Tuesday, nudging the Standard & Poor's 500 index and Nasdaq composite closer to record high closes. The Nasdaq edged closer to the 6,000 mark. Materials and financial companies were among the biggest gainers. Energy stocks also rose as crude oil prices headed higher. Health care, phone companies and other high-dividend stocks were among the biggest laggards as bond yields rose....
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Toyota recalls 79,000 pickups; steps in bumper could break
DETROIT (AP) -- Toyota says it's recalling about 79,000 Tundra pickup trucks in the U.S., Canada and Central America because steps in the rear bumpers could break....
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How a Trump tariff could sideswipe US auto industry
DETROIT (AP) -- The threat from President Donald Trump to tax Mexican-made cars sold in the U.S. would throw the auto industry into disarray, analysts say, forcing some uncomfortable choices: Raise car prices or swallow the cost. Stop selling Mexican-made cars in the U.S. but risk losing customers. Move production to the U.S. but make less money....
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Toyota to add 400 jobs, sink $600M into Indiana SUV factory
DETROIT (AP) -- Toyota says it will add 400 jobs and invest $600 million at a Southern Indiana SUV factory....
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Johnson & Johnson cautious in outlook, shops diabetes care
Johnson & Johnson edged above fourth-quarter profit expectations, helped by consumer goods and pharmaceutical growth, but the world's biggest health care products company also gave Wall Street a softer-than-expected 2017 earnings forecast....
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