Takata will file for bankruptcy on Monday, report says

Takata will seek bankruptcy protection from creditors on Monday, Reuters reported. The supplier faces billions of dollars in liabilities stemming from the biggest recall in automotive history.

UPDATED: 6/21/17 2:51 pm ET - adds details

CarMax Q1 net jumps 21% on delayed consumer tax refunds

CarMax's earnings surged 21 percent in its fiscal first quarter on a bump in used-vehicle sales driven by a delay in federal tax refunds.