Announcing U.S. investment first was a strategy Toyota CEO Akio Toyoda felt the company needed to pursue to avoid President Donald Trump's wrath.
Business & Financial News, U.S & International Breaking News
China rebuffs Trump claim U.S. tariffs are making firms leave
Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tariffs are causing companies to move production away from the world's second largest economy.
Fingerprints and finances: next Wells Fargo CEO will be under regulatory microscope
From submitting their fingerprints to giving up their tax records, Wells Fargo & Co's next chief executive will go through a vetting process that could rival that of top U.S. government officials.
Tesla stock worth just $10 in worst case: Morgan Stanley
Further falls in Tesla Inc's share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their worse-case scenario for the electric car producer to just $10.
Bayer hires law firm to probe Monsanto data collection
Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by its Monsanto unit, which targeted journalists, politicians and other stakeholders to influence the debate on pesticides.
Merck to buy cancer drug developer Peloton for $1.05 billion in cash
Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal cancer drug candidate.
Airbus pledges boxers' counter-punch to new Boeing mid-jet
Airbus held out the prospect of a clash over prices to counter any decision by Boeing to launch a new aircraft in the middle of the jet market, by promising a "left hook, right hook" counter-punch with two of its existing models.
Exp: May 19
Exp: May 19
Exp: May 19
DuPont said on Tuesday it plans to announce a $2 billion share repurchase program after separation from DowDupont on June 1.
U.S. industrial manufacturer Crane Co on Tuesday made a hostile takeover bid for smaller rival Circor International Inc for about $894 million, after an earlier offer was rejected by Circor's board.
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