Business Trucking News+ More Samsung addresses exploding phones + MORE 01/06/2017


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Trump threatens Toyota

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U.S. President-elect Donald Trump threatened to impose a hefty tax on Toyota Motor it if builds its Corolla cars for the U.S. market at a plant in Mexico. Bobbi Rebell reports.

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Nick Colas, Chief Market Strategist at Convergex talks with Bobbi Rebell about the fate of the Trump rally and what investors should be paying the most attention to next.

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While the field has been decidedly low-tech, young entrepreneurs are tapping into the multibillion-dollar industry with apps and virtual services.

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The Nasdaq squeaked out a record high close on Thursday thanks to Amazon.com, while deep drops in Macy’s, Kohl’s and other department stores weighed on the broader stock market. Bobbi Rebell reports.

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Samsung addresses exploding phones

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Samsung started off its CES event in Las Vegas with a mea culpa over its exploding Galaxy Note 7 smartphones. Fred Katayama reports.

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Amazon and Forever 21 are among the companies weighing offers to buy bankrupt American Apparel, sources told Reuters. Bobbi Rebell reports.

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