DETROIT – Toyota Motor will shift all production of the Tacoma midsize pickup from Texas to Mexico as it restructures its North American footprint and invests $13 billion in U.S. manufacturing operations through next year. The Texas plant, which also assembles the Tundra full-size pickup, has produced the Tacoma since 2010. The announced shift comes a month after Toyota started Tacoma production at a new plant in Central Mexico in addition to another Mexican plant in Tijuana that has been produc

Days before his Senate trial is to begin in earnest, President Donald Trump told the visiting LSU football team Friday: “They’re trying to impeach the son of a bitch, can you believe that?” It’s been there a long time,” Trump told the team, which easily beat Clemson 42-25 in the national title game in New Orleans, which the president attended. “A lot of presidents, some good, some not so good,” Trump said of his predecessors. “But you got a good one now, even though they’re trying to impeach the

skynesherRetirement income is often thought to come from three sources: Social Security, pensions and savings. Haves vs. have-notsHouseholds with all three income sources – Social Security, pensions and savings – had the highest total annual income, with a median $37,440. Couples generally had a higher median total at $52,116, versus $23,064 for unmarried men and $19,764 for unmarried women. Unmarried men and women were more likely to rely on Social Security for their sole source of retirement i

But a very cute Pokémon chewing cookies? The Pokémon Company released two ASMR-styled videos this week, one of which features grass-type Pokémon Chespin eating crunchy, colorful cookies. (Honestly, The Pokémon Company missed an opportunity by not releasing this one as a Yule Log video.) But really, it’s the Chespin video, published on the Pokémon Kids TV YouTube channel, that’s got it all — part mukbang, part ASMR. If neither of these are up your alley, Nintendo’s actually got quite a few ASMR v

Super Bowl weekend is one of the biggest and busiest weekends in all of sports, and now Fortnite is coming along for the ride. To celebrate the NFL’s biggest game, Twitch is hosting a Twitch Rivals Fortnite tournament which will include some of the world’s most famous Fortnite streamers teaming up with NFL athletes live in Miami — the site of Super Bowl LIV. The tournament, which Twitch has dubbed the Twitch Rivals Streamer Bowl, will feature 16 different duos. There will be an official Twitch R

A brightly lit space with a DJ in the middle blasting hip-hop music and nearly a dozen tables filled with marijuana products in every form. The event was blatantly illegal: an underground marijuana bazaar selling bulk amounts of counterfeit THC vape pens, edibles and cannabis flower—all of it unlicensed. Open the app, plug in a hashtag such as #vapecartsforsale and — voilà — multiple posts appear with pictures of THC cartridges. Instagram’s official policy bars using the platform to advertise or

Italian-American automaker Fiat Chrysler and the parent of iPhone assembler Foxconn plan to set up a joint venture to build electric cars and develop internet-connected vehicles, the two groups said. Fiat Chrysler (FCA) confirmed on Friday it was in talks with Hon Hai on the potential creation of a 50-50 joint venture to develop and manufacture new generation battery electric vehicles in China and engage in the IoV, or ‘Internet of Vehicles,’ business. The Italian-American carmaker is looking to

Eli Lilly aims to announce roughly one $1 billion to $5 billion deal every quarter in 2020, its chief financial officer told Reuters, as the U.S. drugmaker looks to build up its pipeline of future products. A box of the drug trulicity, made by Eli Lilly Pharmaceutical, sits on a counter at a pharmacy in Provo, Utah, January 9, 2020. “We are looking at Dermira-like opportunities targeting assets in the $1 billion to $5 billion range,” Smiley said. In 2018 and 2019, it announced several deals for

UBS is bullish on Snap’s advertising business and bearish on Twitter’s, citing the social media company decision to ditch political ads in an election year. The firm downgraded shares of Twitter to neutral from buy and lowered its price target to $35 per share from $37. UBS upgraded shares of Snap to buy from neutral and hiked its price target to $24 per share from $16.

Adam Jeffery | CNBCMorgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant’s shares continue to surge. However, the latter cautioned that inflated iPhone 12 expectations “may make the music stop” and questioned market enthusiasm about a “5G supercycle.” In analyst notes published early on Friday, Morgan Stanley increased its price target for Apple from $296 per share to $368 per share while Nomura lifted its projection from $225 per share to $280

Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. UBS raised its price target for Google-parent company Alphabet, a day after the technology giant surpassed $1 trillion in market capitalization. That would see Alphabet gain ground toward becoming the most valuable U.S. company, as it would near the market cap’s of Apple ($1.38 trillion) and Microsoft ($1.27 trillion). UBS analyst Eric

Former NBC Cable president Tom Rogers on Comcast’s streaming service PeacockComcast unveiled details of its streamings service called Peacock. The service hopes to stand out in the crowded field by offering a free ad-supported service. Tom Rogers, executive chairman of WinView and former CEO of TiVo and former NBC Cable president, joins “Squawk Box” to discuss.

Regions Financial (RF) – The bank reported quarterly profit of 38 cents per share, a penny a share below estimates. Schlumberger (SLB) – The oilfield services company came in 2 cents a share above estimates, with quarterly earnings of 39 cents per share. CSX (CSX) – CSX reported quarterly earnings of 99 cents per share, 3 cents a share above estimates. Progress Software (PRGS) – The business software company reported quarterly earnings of 79 cents per share, beating forecasts by 4 cents a share.

Democratic presidential candidate Joe Biden wants to get rid of the legal protection that has shielded social media companies including Facebook from liability for users’ posts. But revoking the clause in its entirety would have major implications for tech platforms and may still fail to produce some of the desired outcomes. “Section 230 obviously benefits not just Facebook,” Facebook spokesperson Andy Stone told CNBC. Stone also pointed to a Facebook executive’s comments on the subject at a hea

New York restaurant with a sign in the shop window: ‘No Booze Sold Here – Booze Hounds Please Stay Out.’ Prohibition, which began 100 years ago Friday, didn’t just put the squeeze on the booze industry. The stock market crash of 1929, which triggered the country’s worst economic slump, proved to further test Prohibition with nearly half of the nation’s banks failing and some 15 million Americans unemployed. Theater revenues declined rather than increase, and few of the other economic benefits th

You may already be planning to collect Social Security in retirement, but did you know that if you wait a few years to claim those benefits, you can nearly double the size of your monthly check? Benefits are based on your income, the year you were born and the age you decide to start taking money out. So timing is key. You are first eligible to begin receiving your benefits at age 62, but waiting until 70 could translate to tens of thousands of dollars a year in your pocket when you need it most

Anti-abortion rights group Susan B. Anthony List launched on Friday a $52 million effort to support President Donald Trump’s re-election bid, a day after Planned Parenthood pledged $45 million to support candidates in favor of abortion rights in 2020. The $52 million effort from SBA could boost Trump’s outreach to anti-abortion rights voters. “Democratic contenders for president are lining up to support abortion on demand, and even infanticide, and declaring war on even the most modest pro-life

Manufacturers are set to spend $26.2 billion on internal and external training initiatives for new and existing employees in 2020 to combat the shortage of available workers, according to the Manufacturing Institute. Nearly 70% of manufacturers said they are creating or expanding training programs for their workforce. Three-quarters of respondents said upskilling workers helped to improve productivity, promotion opportunities and morale. 1 challenge for manufacturers for the past nine quarters,

Dallas Mavericks owner Mark Cuban shakes hands with Luka Doncic (77) after the 117-110 win over the San Antonio Spurs in an NBA basketball game Monday, Nov. 18, 2019, in Dallas. The Dallas Mavericks on Friday finalized their first jersey sponsorship, agreeing to a multiyear deal with private mobile banking service Chime. According to one National Basketball Association official, the league’s patch sponsorships range from $2 million to $20 million, depending on market size. The Los Angeles Lakers

Long-time bull Jeremy Siegel believes the Dow could hit the 30,000 milestone this month. With just 10 trading days left in January, the Wharton Finance professor is warning investors Dow 30,000 would likely be the breaking point for the record rally. “It’s going up a little too far, too fast,” he told CNBC’s “Trading Nation” on Thursday. You have to have earnings follow in a meaningful way,” Siegel said. Siegel, who accurately predicted market milestones including Dow 20,000 and Dow 25,000, spec