Toyota issues a bleak earnings forecast

Automaker forecasts first annual profit drop in seven yearsTOKYO - Toyota said the strong yen and weaker U.S. sales took a bite out of January-March earnings and projected worse was to come — a 27 percent plunge in its full-year profit.It would be the first drop in full-year profit in seven years for the automaker.The results and outlook released Thursday highlight how the tough North American