Toyota owners claiming that recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the auto giant billions.
The U.S. is concerned about terror links between Somalia and Yemen, and its assistance could be key to the effort by Somalia’s government to bring order after decades of anarchy.
Even as the U.S. economy shows tentative signs of a rebound, the human toll of the recession continues to mount, with millions nearing the end of their unemployment benefits.
Toyota is looking into possible power-steering problems with the Corolla subcompact, the world's best-selling car, the automaker's executive on quality control said.
The complacency that brought GM, Ford and Chrysler to their knees seems to have infected Toyota, too.
Toyota is running apologetic TV ads and vowing to win back customers' trust. Behind the scenes, the carmaker is trying to learn all it can about congressional investigations.
NYT: Toyota’s recalls and disclosures in recent months are part of a lengthy pattern in which the automaker has often reacted slowly to safety concerns.
Federal regulators uncovered stark evidence that some Toyota cars accelerated unexpectedly more than two years ago. But neither the government nor the automaker apparently recognized the significance.
The Taliban have embarked on a sophisticated information war, using modern media tools as well as some old-fashioned ones, to soften their image and win favor with local Afghans.
The bank bonus season begins in earnest this week, and it looks as if it will be one of the largest and most controversial blowouts the industry has ever seen.
Al-Qaida in the Arabian Peninsula has rapidly evolved into an ambitious regional terrorist network thanks in part to a weakened and distracted Yemeni government.
The new estimates, for a loss of $42 billion out of $370 billion lent to banks, could lower the administration’s deficit forecast for this fiscal year.
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