Trump hints at slapping tariffs on imported cars

WASHINGTON — President Donald Trump hinted Wednesday that he’s looking into slapping tariffs on car imports, a day after he threatened to slash federal subsidies to General Motors for wanting to close five U.S. factories. Ford Motor Co. said Wednesday it is shuffling workers at several factories so it can make more hot-selling full-size SUVs. Ford plans to add 500 jobs at the Kentucky Truck Plant in Louisville that makes the Lincoln Navigator and Ford Expedition SUVs. It also will add 500 at a factory in Livonia, Michigan, near Detroit that produces SUV and truck transmissions.

Economy grew at brisk 3.5%

WASHINGTON — The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce Department’s figure for gross domestic product, released Wednesday, was the same as its first estimate last month.

Pension funds sue Hasbro

PAWTUCKET, R.I. — Pension funds are suing Hasbro Inc., alleging the toy maker misled investors about its financial health as executives sold millions of dollars of shares they held. The City of Warren Police and Fire Retirement System in Michigan, and pension funds elsewhere, have sued Hasbro in federal court over losses they sustained in 2017. Hasbro spokeswoman Julie Duffy said that the claims are meritless.

Google CEO to testify to House

SAN FRANCISCO — Google CEO Sundar Pichai will testify Dec. 5 at a congressional hearing on the company’s business practices, just three months after aides put up an empty chair to symbolize his refusal to appear.