toyota is one of them. that's for the business year that ended in march and it's a 3.7 fold year increase from a year ago. the weaker yen boosted sales in the u.s. and southeast asia. toyota says the operating profit for the current business year will likely exceed 18 billion dollar up by abo 5 blion compared to the previous year. the firm's executive said they expect the yen's continued weakness to help sustain overseas sales. toyota's earnings became sluggish five years ago when the collapse of u.s. investment bank lehman brothers triggered a global economic downtown. >> translator: some say it's time to take aggressive action. i believe we just got to the start line of aggressive growth. all of us will make efforts to secure a competitive edge. that needs to be strong enough to let us stay profitable even if we're hit by something more serious than the lehman crisis. the chinese government is suspected in dumping. if the member nations approve the proposals, the new will be ready around june. the chinese

toyota profits blow past estimates.ager of one of the world's biggest football clubs and disney proves it has the magic touch. the music studio and theme parks lift profits above forecasts. >>> yahoo! searching for exit doors reportedly looking for a way to get out of the long web partnership with microsoft. for more on that, seema mody is at cnbc hq in the states. just not delivering for them? >> so "the wall street journal" is reporting that yahoo! has quietly been looking at ways to exit the search partnership with microsoft. under which the search results are powered by microsoft's bing engine. yahoo! disclosed on tuesday that microsoft extended a revenue guarantee. the second extension since it took effect in 2010. yahoo! ceo marissa mayer is seeking to end the contract ever since taking over but microsoft isn't interested. yahoo! revenue per search has been worse under the microsoft deal than when it was going at it alone. the search deal was signed during the tenure of former ceo. yahoo! may be on the under for a

toyota's earnings became sluggish five years ago when the collapse of u.s. investment bank lehman brothers triggered a global economic slowdown. global economic downturn. the strong yen also hurt the yen's performance. >> translator: some say now that the headwind has subsided, it's time to take aggressive action. but i believe we've just got to the start line for sustainable growth. regardless of the market situation, all of us at the company will make efforts to secure a competitive edge. that needs to be strong enough to let us stay profitable. even if we are hit by something more serious than the lehman crisis. >>> fuji heavy industries the maker of subaru brand cars has reported positive earnings. the corporate executives say sales and profit both hit record highs in the business year that ended in march. the yen's decline pushed up earnings for its overseas operations. the company says sales of its entire group rose 26% year-on-year to about $19 billion. its operating profit jumped to around $1.2 billion. that's more than double the figures posted a ye

introducing the radically new toyota avalon. ♪ toyota.o places. ♪ ♪a man just needs a placeas no where he can be...♪♪ ♪wild and free... ♪ten calories ka-kaw. sfx - bird squak. ♪dr pepper ten dr pepper ten. the manliest low-calorie soda in the history of mankind. mmmm. bold flavor. >>> the aaron's 499 on fox is sponsored by aaron's. you don't need credit. all you need is aaron. >> 47 laps to go. cloudy but clean track as you see from our aerial coverage provided by goodyear. everything we learned making tires inspires what we roll into yours. goodyear, official tire of nascar. >> larry, i think these guys are pretty happy. watch that 17 car. remember how he got up front before we had the rain delay. up on the outside making a lot of moves. here we come with marcos ambrose pushing him along. >> just a different group of ford drivers than what he had earlier. >> they're coming. ambrose, gilliland and michael mcdowell on the outside. >> this is where matt kenseth said i didn't do a good job of picking up with a push. he better keep an eye on

. >> this began when toyota agreed to reimburse owner who's repaired a faulty panel. viewer spent hundreds of dollars but then had trouble proving it. now he was very frustrated and came to me for help. >> hybrid cars out of the roadways. he decided he wanted one. >> mark is showing us a 2005 prius he loved until the electronic instrument panel suddenly went blank. >> it's very just unserving knowing, notast you're going. >> the car had been driven 171,000 miles when the occurred. the panel stopped showing his speed and fuel levels. first, he tried to gauge it himself. >> make sure i'm going slower than theic. here in san francisco. the owner fixed the problem for $300. >> everything lit up. as it did when i drove off the lot. >> mark sold that prius but received that notice from toyota. toyota offering a free repair. >> initially i mailed in a copy of the receipt. >> mark sentcuments, however, toyota denied claims saying he needed more paper work, including proof of payment, a repair order with numbers and a detailed statement by the shop giving the cars symptoms and

. >> this began when toyota agreed to reimburse owner who's repaired a faulty panel. our viewer spent hundreds of dollars but then had trouble proving it. now he was very frustrated and came to me for help. >> hybrid cars out of the roadways. he decided he wanted one. >> mark is showing us a 2005 prius he loved until the electronic instrument panel suddenly went blank. >> it's very just unserving knowing, not knowing how fast you're going. >> the car had been driven 171,000 miles when the occurred. the panel stopped showing his speed and fuel levels. first, he tried to gauge it himself. >> make sure i'm going slower than the traffic. here in san francisco. the owner fixed the problem for $300. >> everything lit up. as it did when i drove off the lot. >> mark sold that prius but received that notice from toyota. toyota offering a free repair. >> initially i mailed in a copy of the receipt. >> mark sent documents, however, toyota denied claims saying he needed more paper work, including proof of payment, a repair order with numbers and a detailed statement by the shop g

nicole: 71 to watch and toyota is reaping the benefits at this time. be down, and it just makes their products more affordable. overseas, around the world, and it gives them a nice little advantage. >> reporter: a little jump for now. nicole: thank you for that report. turning to the race for the largest automakers to meet california's new emission standard. amanda requires carmakers to sell a certain number of zero emission vehicles starting in the yr 2018, but manufacturers say they're going to have to lose money to try and make some. with me now is president of eagle autumn of. also, the car coach. welcome both of you right now. thank you for talking about this. obviously a really big issue, and we have to hit it hard. the start of a few. some other requirements that we're talking about here for the automakers. you know, that they are on the hook basically california. >> there are now allowing for hybrid simi to comply and standard. not allowing far national gas, cng vehicles. has to be a lecture plugging carper every anyone that sells a certain amo

toyota is ready to take you there. now is a great time to find a great deal on a toyota at buyatoyota.com. >>> ron matz, good morning. >> reporter: good morning. if you are a bike ride r the place to be on saturday is in howard county, the tour to cure, a benefit for the american diabetes association. kari, it's good to see you. >> thank you. >> reporter: you're going to have a lot of people. >> over 700 riders coming out on saturday. >> reporter: this is a benefit for the american diabetes association. >> it is. it's to raise money for program s, research and advocacy. >> reporter: the good thing is no matter what level of bike rider you are, you can take part. >> that's right. we have routes that match anyone 's ability. we have 63 miles, 32 miles, 22 miles and 10 miles. >> reporter: all right. i would probably do the less than 10. we're going to talk to matt gillman here. matt lost his vision to diabetes. he had a passion for bike riding you're still doing it. >> i am. i'm doing motivational demos ank ing and showin

executives at toyota motor saw their april sales in china slump 6. 6.5%. that was a big improvement from march. turning to stock markets where the nikkei is trading above 14,000. that's after an extended holiday here in japan. we are playing a bit of catch up. u.s. markets ended mix with the dow jones industrial afternoon down five points and the nasdaq up 14 points. ramin, the nikkei closed lower last week. how are tokyo stocks kicking off this tuesday? >> very positive start compared to last week when we ended on thursday. we're seeing both indexes here in japan trading well into the positive. let's have a look at the opening levels for the nikkei and the topix. it's a first time in four years. topix up 2.6%. it's definitely an improvement following the upbeat u.s. economic data that we had on friday. that comes especially after some of the recent data in the u.s. such as gdp manufacturer and some of the consumer led data showing questionable growth up until we got that job's number. we're seeing a rebound of sorts. what also may help is the dollar is st

you're good to go. [ female announcer the radically new 2013 toyota avalon.ike any avalon you've ever seen before. only the name remains. toyota. let's go places. >>> for decades his name sin none news with mary j. blige and sean combs. now he's looking for the next big star. ♪ >> welcome to harrell records. >> i recently caught up with him at the studio. >> thanks for spending time with us, brother. >> my measure. >> you can't talk about modern music without talking about you. many of the big names, you're connected to. how did that happen? >> i guess some of it was timing, some was luck. i think it was i was a rap star, i was in dr. jeckyll and mr. hyde. i used to work for r russell simmons, i wanted to do r & b, i bridged the culture with new jack swing. ♪ >> when you started off the group, you had hits yourself, three big hits. what made you leave being an artist --. >> what made me leave i was a manager as well as being an artist, l.l. cool j., when he got out there, he had screaming girl fans like new edition, i was already singing about rolexs and bent

toyota is ready to take you there. now is a great time to find a great deal on a toyota at buyatoyota.com. >>> today's coffee with is sponsored by bush gardens. congratulations to diane anderson, you won a get away. thanks to all who entered at cbsbaltimore.com. >>> this morning's coffee with is with tony seragusa. >> ladies and gentlemen, an honest no god ravens legend, tony seragusa. how is it going? >> watching you guys play some great football last year. it was awesome. >> wasn't that cool. goose, can i just tell you this, the soul patch is working. it's totally working for me. yeah. i like that a lot . that truly works. >> my face used to be swished in that helmet so i had to come up with a triangle thing. it's indepth but i like it. it's cool. >> it adds up to something good. >> you wear it with style. goose, this is a serious subject. we can play around for a while. i want to jump into this. i'll tell you why, i'm a huge nascar fan. the audience knows it. a couple weeks ago depends sponsored one pablo montoya, a

the aggressive sales drives by toyota in the u.s. and europe. we'll focus back to you. >> thanks a lot for that update. remy mellegard from the tokyo stock exchange. >>> the japanese officials corrected the nation's gdp figures and said it shrank at a smaller rate in the october period last year. it shrank at an annualized rate at 0.5% in the three month period, less than the previously announced contraction of 1.3%. private sector economists pointed out the inaccuracy. officials said the m miscalculation was in the value of inports and exports. the gdp growth rate is a crucial barometer for the state of the economy. officials apologized for the error and said they'll conduct further checks to prevent similar mistakes. >>> the world trade organization is said to have its first chief fr latin amica. brazilian government officials said their ambassador to the wto, roberto ascevado will be the next leader. they said azevedo was chosen over his mexican contender in the selection process. his experience helped him gain suppo support. he will succeed

toyota.et's go places. >>> for centuries, many considered the black church a pillar of spirituality, culture and politics. now churches are redesigning the landscape gaining millions of followers. critics argue the church has lost its true purpose with pastors appearing to trade their closeness with the community for political and sometimes personal influence. but is the church still relevant or is it on life support? >> reverend conrad pillar, senior minister of congregational united church of christ. and dr. eddie glove chair of the center of african-american studies at princeton university. gentlemen, thank you for being here. there's been so much tack over the last year or two that the black church is dead. dr. guard you started the conversation because you wrote a piece called "the black church is dead" is that true? >> i think we need to understand the church as a dynamic institution. that the phrase "the black church is really a myth" that there's always been black churches that differ

toyota boosted profits big time after solid sales in america and that lowly yen. 118 a share on toyotan after a drop on 16%, a buy on the news of 5%. t-mobile sold 500,000 iphones in three weeks. they stopped using u.s. customers dropping the contract and used installment plans. interesting. up next, senator chuck grassley,ments -- wants to dig into the nominee for commerce secretary who happens to be a millionaire, next. u still sleeping? u still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. everybody has different ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core. etf building blocks for your personalized portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it careful

sales and a weaker yen helped japanese car maker toyota more than triple its earnings. posted a profit of almost $10 billion. the bank of japan efforts to weaken the yen have helped exports. toileta exports some 60% of its -- toyota exports some 60% of its vehicles made in japan. >> after a long spell of disappointing figures there's good news. exports rose 15% in april. the solid data points to an economic upturn. the chinese economy is growing relatively slow. sole lar panels have long created problems for european manufacturers. up to 45% cheaper. as a result china now controls around 0% of the european market. now the eu is reacting with plans to impose tariffs of around 47%. beijing says that's a mistake. >> handling trade friction we hope both sides can uphold the constructive and cooperative spirit and properly resolve differences and disputes through constructive dialogue and negotiations. we also hope the eu is cautious in its use of trade protectionism measures. >> the tariffs are due to come into effect in june and are initially set to last until december. by

toyota expects u.s. sales to grow this year, helped by the drop in the value of the yen. shares of toyota up $119.70, up more than 3% on the day. >> earnings and revenues at news corp. also came in above estimates and the company expects to complete its split into two companies near the end of june. news corp. shares fell about a percent to $31.86 and that was in the regular session and then they surged in after-hours trading. >> activision shares hit a new 52-week high ahead of earnings report today and profits did rise 19% on the quarter on the debut of the starcraft 2 game, but guidance was cautious because of concerns about the next generation of video game consoles and fewer subscribers to its world of warcraft game. shares of activision closed at $16.26, and that is up more than 2% and then they lost ground after hours dropping more than 5% as you see on that chart. >> wendy's profits down 83% and hurt by higher food costs and increased marketing expensive. the company raisedts fu-year profit estimates and investors did sell off, shares falling more than 75% to clos

toyota is ready to take you go. now is a great time to find a great deal on buyatoyota.com. >>> enter the bush gardens food and wine food contest. go to cbsbaltimore.com to enter. >>> this morning's coffee with is with r.a. dickey. the satellite interview is published by penguin group usa. >> welcome to the eyewitness news morning edition. you were in town this week. you could have came up and hung out with us. now we're doing to satellite thing. how are you doing? >> i'm doing well. thanks a lot man. >> i noticed in our press briefing on your book that you had a conversation with buck showalter that changed it all. could you bring us into the buck loop as far as r.a. dickey goes? >> sure. sure. buck call ed me up in 2003 as a conventional pitcher. he was the manager that gave me my first real opportunity in the big leagues as a pitcher. i flew in 2003 to 2005 with him. he knew i had a pretty good knuckle ball so he suggested that i go to the knuckle bull full time. that was a hard pill to swallow in the moment. i'm

. ♪ >>> the toyota sports wrap brought to you by your local toyota dealer.et's go places. [ music ] >> welcome back to sports wrap. it has been proven the stanley cup playoffs are about the team that gets hot at the right time. the sharks could be that team. at home tonight against vancouver. facing goalie cory schneider. called for high-sticking. but vancouver couldn't convert on the power play. no problem for the sharks. five on three advantage here. 1-0 san jose. in the 2nd period. beautiful goal. he beats him. stopping with his back turned and making the goal, 2-0. sharks on another power play. 9 seconds later, he sends one home. 4-1 sharks. look at this. he take as slug at him. another penalty. sharks on the power play. this is how you get even. the fifth san jose goal of the night. two goals for him in the 5-2 win. the sharks can complete a sweep with a win on tuesday. >> when you score goals that quick it is tough on the bench, the goalie. >> a lot of confidence. we know we will see their best. we will bring that same

. >> the toyota sports desk brought to you by your local toyota dealers. >> the national's wrapped up their series today against the padre's. the padre'sarget of this off-season. they lost out on the sweepstakes. the big picture, not so much today. looks to change it. deep left-center. a hard ball park to hit home runs. the second or third home run of the year. keeping you guessing. up seven runs through five innings. venable crushed it. 8-7.s lead alan jones singles to left center. 1.w we have the game tied 1- in controversy. joyce. sit down the right-field line. is it fair or foul? the umpires ruled it a home run. the orioles are on a five-game losing streak. rays win 3-1. there is no other way to describe his performance other than an old-fashioned beat down. barely lettive peterson get up for air. he knocked him out in the second round, twice in the third. peterson lost in the third round. the first knockout loss of his career, second overall. title butbtains the lost ground in the hopes of fighting floyd mayweather. he had a great night at the sports complex. just 18 years old, h

we didn't see that with toyota. shares of sony fell around 1% yesterday before the announcement after the bell on thursday which showed it returning to profit for the first time in five years and an improved outlook as well. sony shares are bid up right now meaning it's going to be in the positive. we'll get the exact numbers later on. nissan will be coming out with earnings numbers later today after the markets close on friday. markets also will be looking to the g7 meeting in britain. a lot of focus there. also from the political events surrounding the g7. definitely a positive start for the nikkei and the topix. back to you. >> sounds od. currency traders turned to the yen as a safe haven during the global financial crisis. they saw a safe asset in a time when those were rare. >> reporter: the yen gained further ground after the disaster that hit north eastern japan two years ago. investors believed trillions of yen would be needed to pay for the reconstruction. the debt crisis in europe sent the yen still higher

. >> and now the toyota sports desk, brought to you by your local toyota dealers. >> redken's park today >> most impressive training i have seen. the two most important jobs in washington are president of the united states and the quarterback of the redskins. not necessarily in that order. rg3 had not been on the field since he got injured against seattle. the surgery was january 9. today, the cameras were ready to watch rg3 take the field. he ran in a director with his teammates during ota's. afterward he said he feels great and expect to be with teammates when camp opens july 25, and he is all in for opening day, eight months after the surgery. >> the knee feels great. i am able to do all of the stuff without hesitation. doubt you will be out there for the opener? >> if i had to say, i will say yes. i control what i can control. i can control my recovery, how hard i work, i can control my mental reps, what i can do film- wise and stuff like that. i cannot control with the coaches do. >> by now you know that leon spoke with robert's dad and some of those, and stimulated debate and start

there was mazda, there was toyota -- >> toyota was-- when you got toyota you were on your way. >> absolutelyre investigate to us with a toyota production system. we learned how to run a plant. everything up till then they knew was self-taught. and they had a profound effect on us, how you get the waste out, and how you runab efficient plant. >> rose: and you think the automobile industry is back for good? >> i think they're back for good. >> rose: because-- why are they in so much a better place now than they were before the terrible economic recession? >> well, you have to remember, i think five years ago, you know, in what happened was that-- when you get down to any company that's having problems, it's the management. let's face it. it's not-- it's not the labor. it's the management. it's the leadership that's accountable. and they had made commitments, legacy costs that were not sustainable, whether they were pensions, health care costs, whatever. >> rose: right, right. they were almost health care companies making cars. >> you could say that. but that was not sustainable. so what really

toyota's planned a sixfold boost in its use of the batteries.s the pan on lithium ion batteries. toyota and better partner panasonic will increase lithium ion batteries output capacity to 200,000 units a year. >> traffic in south was connected could be a mess for as much as a week following friday's collision between two trains. that's the left more than 70 people injured. crews are rebuilding some 2,000 ft. of the track as well as overhead wires and signals. connecticut gov. dannel mallory is warning of traffic trouble for several days and says of the stay will dispatch more state troopers and told trucks to respond to car accidents that could come with the crowded roads. look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered co

. >> and now the toyota sports desk, brought to you by your local toyota dealers. >> rg3's rehab hasshrouded in secrecy. he had reconstructive knee surgery january 9. is redskins first game september 9, which is eight months, not very long. today at redskins park, rg3 was stepping, throwing, running. never has an organized team activity gotten so much attention, the first time we have seen him on the field since the operation. it is the first time he has spoken at any length. my goal is to be out there for training camp. do i need to practice every day? probably not. i will not risk my career to play one game. i am definitely going for week one, but i am also watching my career as well. cannot on that is i change my mindset, but i can be smarter about what i do out there. i don't know what the mixture will be, how many rushing attempts i will have, how many passing attempts. i just know that we want to win games and that is what we are going to do. we just need to move forward and continue to just let that bad taste it out of everybody's mouth. just let it out and move forward. the o

toyota reached a 125. where is it now?igh for toyota is reaching almost 126 at the moment. new 52 week high not all-time high but not too far off of the all-time high, the weakened yen helped toyota with their sales across the globe and they had seller numbers and they're doing very well today up 1-1/4%. stuart: three bills headed for this california state senate that call for a moratorium on fracking, extraction of natural gas and oil from deep under the ground. the bills would stop fracking until its health effects and effect on the environment are, quote, thoroughly studied. bill some 8 from the center for biological diversity joins us now. i am sure you support this moratorium. i know you don't want fracking. i got that but you got to explain to our viewers how does this interfere with or affect biological diversity? >> what you are seeing in california and throughout the country is literally an orgy of natural gas and oil fracking or fracturing of the rocks beneath the ground service, devastating plants and animals li

toyota sold 13,600 prius just beating the honda accord.the honda civic was the top selling car. >>> amidst the stories of heroism. how a student is credited with saving a classmate during monday's tornado. >> a brazen robbery and a 101- mile police chase. what the suspects are accused of stealing twice in four days. >>> they threatened the discipline that makes our military strong. >> president obama delivers a message. the scandal the president addressed during a commencement speech. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> a group of cell phone robbers who

toyota sold 13,600 prius just beating the honda accord.the honda civic was the top selling car. >>> amidst the stories of heroism. how a student is credited with saving a classmate during monday's tornado. >> a brazen robbery and a 101- mile police chase. what the suspects are accused of stealing twice in four days. >>> they threatened the discipline that make goodnight. thanks, olivia. thank you. so you can make a payment from your cell to almost anyone's phone or email. (speaking french) so you can express your gratitude... in the moment. chase quickpay. so you can. >>> a group of cell phone robbers who apparently struck the north bay twice in the last four days has been caught. but only after a high speed chase. today's get away didn't go quite as planned. >> the suspect got 20 miles down the freeway. but when they got off 101 and ducked into this parking lot they were pounced on. petaluma with rare police drama. searching for four men running from a cell phone heist. police say they posed as customers in this store in windsor a half ho

sony climbed 6% and toyota up 5% today.yota would be up compared to recent years. the australia asx down by 0.25 mers after the rba's record breaking rate cuts. but we saw the picture between miners and banks. commodity plays continued to rebound while the company's exports to china jumped to a record high. australian banks were under pressure today despite the national atrailan bank became the first one to pass on mortgage rates to customers. do note that the sector had a very strong value last month and they have gains between 30% to 45% during the past 12 months so we could be seeing some profit taking here. elsewhere, the china markets eked out some modest gains ahead of the key trade data tomorrow. and the shanghai composite gained 0.2% and the hang seng in hong kong up 0.6%. in south korea, the kospi eased 0.4% today ahead of the bok's rate decision later this week. back to you. >> all right. sixuan, thanks for that. a reminder of what the on the agenda in the united states, we've got march consumer credit figures due

they were not allowed to restructure and get toyota or a korean company to buy gm in a bankruptcy and make it even healthier to avoid having do a bailout. they still owe us, by the way, $20 billion. >> we're the reluctant holders of gm stock, which is not at its original price. rich, the disproportionality is what bothers a lot of people. they're spending $11 billion in china b 2016. here's what a guy said in the "wall street journal." gm has only invested $8.5 billion here and the number of workers it implies here in north america has fallen by 76,000. the bailout was for american jobs, not chinese jobs. >> i share your outrage about the bailout, but we have to look forward. the chinese luxury car market is the largest in the world, believe it or not, and it's only getting bigger. the cadillac escalade, cadillac's suv is the highest profit margin personal vehicle that general motors sells. so to held the highest profit margin product into the luxury car market is an opportunity for general motors that cannot be passed up. it's in everyone's interests, shareholders, employees, the u.s

the toyota time sales event is here. hurry in today. toyota.rsey shore edition of "what's trending today." snooki, paulie d. and others popularized seaside heights but not the first to put the jersey shore on the map. take a look. music and entertainment have always been part of the jersey shore. atlantic city, home to the world's first boardwalk, came up with a plan for tourists to stay past labor day. they organized a pageant known today as miss america. sinatra, marilyn, martin and lewis made the shore a hotbed of entertainment in the '40s and '50s and now hbo's boardwalk empire is taking viewers back to new jersey's prohibition past and speaking of boardwalk empires, monopoly, park place, baltic avenue, atlantic city inspired the board's colorful properties. it was at summer of 1960 and an 18-year-old who went by the name of chubby checker introduced his first of the twist at the rainbow club in wild wood. the duop motels are still intact. "greetings from asbury park" was bruce springsteen's first album and the stone pony is one of the best

. >> cuss foxes here in -- customs in the united states are driving growth for toyota. >> target has a new strategy to get new shoppers in the store involvin >> covering cupertino, concord and all the wine country this is abc7 news. >> a look from the camera on the new exploritorium to the bay and the bay bridge, it is murky and cloudy. mike will tell us more about drizzle. >> good news for the 401(k), growing confidence of the economy has led to a new milestone for the dow, closing up more than 87 points yesterday to 15556, the first time it has closed above the 15,000 morning and now up more than 15 percent for the year. stay with abc7 news trading is underway at 6:30 and at 6:45 jane king is at the new york stock exchange to see how the dow is starting out. >> the world's top selling carmaker said it has doubled the quarterly profit saying cost cuts and improved sales from the united states helped toyota january to march profit reach more than $3 billion. toyota, officers more cars to the united states than any other country, a weakening yen has added momentum to the carmakers' co

i'm not ready to bail out on toyota yet. i'm not saying the markets -- the correction is upon us. but you know, you've got to take what the market gives you. and again, tomorrow's level's going to be interesting. if yen rallies, dollar-yen rallies and toyota weakens, again, maybe we'll see some decoupling. >> the dollar holding on to 15,000 as the bull run continues. should you be worried about the meltup? let's bring in ed yardeni. nice to see pu. >> thank you very much. >> what did you make of this yen move and does this factor into your markets view right now? >> not really. when i look at the market i do it real simple. with the arithmetic of p/e times e. the valuation multiple for the s&p 500 is actually back to where it was right before greece blew up. so i think the markets just concluded we're not going to have a lehman-style meltdown in europe. so i'm looking not just at what the market's reacting to but what the market no longer really pays that much attention to. and i think the fact that everybody's relaxing on europe is a very big deal. look, developments in japan i g

toyota, gatorade. citizen watches, game stop and riesers. appreciate them all. >> matt: a big win. >> krista: a big night for joe nearly a month and a half since you were back in a race car for a complete race. how do you feel? >> i'm tired. just worn out. this is a tough grueling race so there is nothing to hang our heads about. second again two years in a row but proud of gordon and everyone for doing this race with us. had a lot of success. but my team just guys on pit road wallace, i mean best in the business. that is all i can say. kept picking us up. kept doing my part on the track and just we needed a 6--mile race. we will get that in a few weeks. >> krista: ready for a 600-mile race? >> charlotte believe it not the 600-miler is not as gruel is as this racetrack. have to stay to mentally tough for so long on top of the physical stuff that you got going on that it is tough to overcome and luckily it was a good day for us. >> krista: if there was any question he put doubters to rest. denny hamlin is most certainly back. steve? >> steve:

. >>> kpix 5's mobile weather lab powered by toyota, the all new redesigned toyota rav 4 is here andeady for your next adventure. for less than department stores, and that's awesome. three. she'll think you look stylish and awesome. four. you'll actually be awesome. which is awesome. thousands of cruise passeng . >>> for the third time this year, mechanical problems sung a long-awaited vacation for thousands of cruise ship passengers. this time it was a fire aboard royal caribbean's gran dor of the seas. more than 2200 guests were roused by a terrifying wakeup call overnight. the entire stern of that massive ship was on fire. >> boats have been lowered and our life jackets, not a drill, not a joke. everyone was freaking out. >> well, fortunately, no one was hurt in that fire. the grandor of the seas was renovated just last year. the ntsb and coast guard are now looking into the cause of the fire. >>> will the new bay bridge open on labor day weekend as planned? we'll probably know by the end of this week. over the next two days, caltrans and the bay area toll authority will hold meet

we look at toyota as a proxy for all of japan's money printing.hat toyota is way up in the early going this morning. tell me precisely where. >> reporter: all right. start off with toyota motor and a new high. that is a nice way to kick it off this morning. $119. rose 159 percent over 3 billion. as you know, over there in japan, the yen depreciation helps toyota be more profitable with exports. stuart: there is an article in the "wall street journal" this morning that says tokyo is making an awful lot of money because they are not reducing prices in america. they're holding prices up there. because the yen is weak there making a lot more in profit. >> reporter: the advantage of what is going on. they're doing well here. and to your point, they're doing well with the avalon here. also, the tacoma trucks has been a big seller for them. by the way, you know, have to tell you one thing. the possibility, from dow jones headlines, possibility of a run on money markets remains. that is not something a want to year. financial system still struggles that i

>> i said this morning -- look, i think toyota is for real because the japanese got serious. the japanese are devaluing themselves daily. it makes it so that toyota is going to be cheaper than all the other cars and that makes sense why the stock goes up. i think it can go higher still. always was a great car company, now it's got a competitive advantage. it's a tale of two cities for tech titans, apple and google. google, it's the best of times. apple, not so lucky. "mad money" will be right back. >>> coming up, money-make mistake? markets at are all-time highs, company coffers are overflowing. but cramer spotted one mistake that could prove costly for some. find out what and how to profit from it. >>> and later, bright future? there's a revolution going on in your home and one company is taking share of a new market. you may not see it, so tonight cramer's shedding some light on a stock that could that could be ready to shine. stick around for an enlightening idea. >>> plus, shipwreck? it's been a volatile voyage for shares of nordic american tanker. tonight, cramer checks

they seem to be ramping back up there. >> i said this morning, i think toyota is real. because the japanese got serious. they are devaluing themselves daily so it makes it toyota will be cheaper than the other cars. that makes sense. i think it can go higher still. it always was a great car company. now it has a great advantage. it's a tale of two cities for two tech titan, gook goggle with the best of times, apple not so much. we'll be right back. bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on t