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WASHINGTON — The U.S. trade deficit widened in June for the first time in four months as exports fell and imports grew. Politically sensitive trade gaps with China, Mexico and Canada increased.
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TOKYO — Toyota Motor Corp. logged a better than expected performance in the last quarter, reporting Aug. 3 that its quarterly profit jumped 7.2% to a record 657.3 billion yen ($5.9 billion), thanks to strong sales in the United States and other overseas markets.
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Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
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Sirva Inc.’s first move since being acquired by the private equity investment firm Madison Dearborn Partners is to expand its moving and storage business in Europe with the purchase of Team Relocations, a relocation and move management company based in Amsterdam.
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