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Toyota Cuts Operating Profit Forecast

Toyota Motor cut its full-year forecast for operating profit, expecting it to fall 44 percent from a year ago as the Japanese automaker expects to take a bigger hit from a stronger yen.

Toyota Cuts Operating Profit Forecast

Toyota Motor cut its full-year forecast for operating profit, expecting it to fall 44 percent from a year ago as the Japanese automaker expects to take a bigger hit from a stronger yen.

Oil up on Big U.S. Gasoline Draw; WTI Back Above $40

Oil prices jumped more than 3 percent on Wednesday, with U.S. crude futures returning to above $40 a barrel, after a larger-than-expected gasoline draw offset a surprise build in crude stockpiles in the No. 1 oil consumer.