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TKTDY News

Short-Sale Portfolio Made Up of Japan's Corporate Cheats

Toray Industries this week acknowledged falsifying product-quality data, but it is only the latest company in Japan to stub its toe in a big way.

Ford Petitioning to Avoid 2.2 Million Vehicle Recall Over Airbags

Ford is facing a massive recall over defective airbags in the vehicles made by Japanese auto supplier Takata.

Japan's Takata Expected to File for Bankruptcy

Takata's liabilities are seen surpassing 1 trillion yen ($9.02 billion) after a huge global recall of air bags connected to deadly explosions.

Takata Stock Rises 20% in Tokyo After Automakers Agree to Contribute to Victim Settlement Fund

Toyota, Mazda, BMW and Subaru will contribute $553 million to settle victim claims.

Automakers Reach $553 Million Settlement Over Takata Class-Action Suit

Toyota's share of the settlement costs is $278.5 million, followed by BMW at $131 million, Mazda at $76 million and Subaru at $68 million.

Breaking News

Bank of America Lists Companies With Most Mentions of 'Supply Chain'

These companies made the most mentions of "supply chain" in their first-quarter earnings calls.

Crypto Crisis: Struggling Crypto Lender About to Be Acquired by Rival

Crypto firm Nexo is reviewing the assets of lender Vauld with the intent of acquiring the struggling crypto financial services company.

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Stock Market Today - 7/5: Stocks Slide On Recession Fears; Dollar Hits Two-Decade Peak

A brief overnight inversion of the U.S. yield curve, as well as mounting signs of a near-term recession, have stocks on the back foot heading into the holiday-shortened week.