The FBI has arrested a Volkswagen executive who faces charges of conspiracy to defraud the U.S., the NYT reports.
The Japanese automaker said it has been part of the "cultural fabric in the U.S. for nearly 60 years," NBC News reports.
European markets closed lower on the last trading day of the first week of 2017 after the release of the December U.S. non-farm payrolls.
Cramer's comments come after Trump threatened Toyota Motor with a large border tax if it builds a new plant in the U.S.
Trump's promise of 25 million jobs is "difficult to digest" from a "mathematical perspective," says market analyst Naeem Aslam.
The "Squawk on the Street" crew discusses President-elect Trump's latest tweet targets.
Some of the names on the move ahead of the open.
CNBC's Phil LeBeau reports President-elect Trump is warning Toyota they will have to pay a big border tax if they build a new plant in Mexico.
Toyota, Sears, JC Penney stocks are making headlines on Wall Street this Friday.
TOKYO— Toyota Motor Corp. is a "good corporate citizen" and intends to work with President-elect Donald Trump to help make America strong, the Japanese automaker's president, Akio Toyoda, says. Trump said on Twitter that Toyota would face a "big border tax" if it goes ahead with a plans for a new plant in Mexico. A statement issued by Toyota in the U.S. did not directly...
Japanese automakers came under pressure, selling off more than 1 percent each after President-elect Donald Trump rebuked Toyota on Twitter.
LONDON— Global stock markets traded modestly higher on Friday after some encouraging wage news from the U.S. even as monthly jobs figures came in slightly lower than anticipated. KEEPING SCORE: In Europe, Germany's DAX was down 0.2 percent at 11,563 while the FTSE 100 index of leading British shares fell 0.1 percent to 7,188. The CAC-40 in France was 0.4 percent...
VILLA DE REYES, Mexico— Word spread quickly through cellphone messages and shouts between co-workers that Ford Motor Co. had canceled its new $1.6 billion car plant at its sprawling 700- acre high desert site in north-central Mexico. Ford's announcement sent shockwaves across Mexico, which has become tightly meshed with the U.S. economy since the advent of...
TOKYO— Toyota Motor Corp. stock fell 2 percent in early Friday morning trading after President-elect Donald Trump said on Twitter that the Japanese automaker faces a "big border tax" if it goes ahead with plans on a new Mexico plant. Toyota in Japan had no further comments beyond what it released in the U.S., which did not directly address Trump's tweet but stressed...
Toyota shares dropped by as much as 3.1 percent in early trade.
Trump has threatened automakers with a border tax, which he argues will encourage companies to keep production in the U.S., creating jobs for Americans.
The "Fast Money" traders give you 3 ways to trade autos.
Macy's Inc., down $4.98 to $30.86. Toyota Motor Corp., down 75 cents to $120.44. Sears Holdings Corp., up 3 cents to $10.39.
Bill George, Harvard Business School professor, weighs in on Donald Trump's tweet against Toyota Motor and overseas production.
On Twitter, Trump threatens Toyota with a large border tax if it builds a new plant outside the U.S.