Toyota Motor Corp. has settled with family members of two people killed in a sudden-acceleration crash in Utah as part of a lawsuit that was to go to court next month and serve as a test case for a group of hundreds more that are pending. Paul Van Alfen and Charlene Jones Lloyd were killed when their Camry slammed into a wall in 2010.
The former CEO of a failed artificial sweetener facility waived a preliminary hearing Thursday at which Missouri prosecutors were to have laid out evidence of theft and fraud charges against him, but he will be back in court next week to face a formal arraignment.
The owner of a New Hampshire gunpowder company that was the site of a 2010 factory explosion that killed two men is scheduled for trial in May. Craig Sanborn of Maidstone, Vt., was indicted last year on two counts of manslaughter and two counts of negligent homicide for negligently engaging in the manufacture, production, testing and storage of explosive material.
The Federal Aviation Administration is undertaking a comprehensive review of the critical systems of Boeing's 787s, the aircraft maker's newest and most technologically advanced plane, after a fire and a fuel leak earlier this week, the agency said Friday.
Hon Hai Precision, a leading maker of iPhones and other high-tech gadgets, has said it is working with Chinese police probing allegations that employees of its Foxconn unit solicited kickbacks from suppliers. Hon Hai said in a statement late Wednesday that it will "thoroughly investigate" the alleged kickback case and also review its procurement procedures to close any possible loopholes.
Businesses and individuals who claim BP's oil spill in the Gulf of Mexico cost them money have been paid more than $1 billion through the company's class-action settlement with a team of private plaintiffs' attorneys, court-supervised claims administrator Patrick Juneau said.
Gov. Rick Scott wants to eliminate Florida's sales tax on equipment and machinery bought by businesses. Scott on Wednesday in Jacksonville said he will ask the Legislature this year to fully exempt such purchases from sales tax. Florida currently offers a sales tax exemption on equipment purchased for industrial use if it expands a manufacturer's output by at least 5 percent.
A U.S. government safety agency wants electric and hybrid vehicles to make more noise when traveling at low speeds so pedestrians can hear them coming. The cars and trucks, which are far quieter than conventional gasoline or diesel-powered vehicles, don't make enough noise at low speeds to warn walkers, bicyclists and the visually impaired, the National Highway Traffic Safety Administration said.
Residents in Uxbridge are in an uproar because a developer is attempting to build an asphalt manufacturing plant in town, even though residents voted to prohibit them in 1995. The problem is that no one apparently recorded the 1995 zoning bylaw amendment after it was approved. So the prohibition isn't on the books following the latest amendment of the bylaws in 2011.
Google has settled a U.S. government probe into its business practices without making any major concessions on how the company runs its Internet search engine, the world's most influential gateway to digital information and commerce. Thursday's agreement with the FTC covers only some of the issues raised in a wide-ranging antitrust investigation that could have culminated in a regulatory crackdown.
China fined South Korean and Taiwanese makers of LCD display screens $56 million on Friday for price-fixing, joining the United States and Europe in a crackdown on the industry. Suppliers have been hit by American and European regulators with penalties totaling more than $3 billion for colluding to push up slumping prices of display screens in 2001-06. U.S. courts have sentenced 12 executives to prison.
While I am all for the advancement of automobile safety, I wonder if placing black boxes in cars is stepping over the privacy boundary? A recent article, “Black Boxes in Cars Raise Privacy Concerns” discussed the placement of event data recorders, also known as black boxes, being placed in new cars and light trucks – such a development caused me to raise an eyebrow.
A federal judge says General Motors workers in northeast Ohio can move forward with a lawsuit against the automaker and the United Auto Workers. The union's request to dismiss the lawsuit was turned down late last week. Nearly 30 workers at GM's Lordstown factory say they were improperly classified as temporary employees after losing their jobs and then being rehired.
Housing is rebounding. Families are shrinking debts. Europe has avoided a financial crackup. And the fiscal cliff deal has removed the most urgent threat to the U.S. economy. So why don't economists foresee stronger growth and hiring in 2013?
Federal workplace safety regulators say a factory in the Mohawk Valley put its workers at risk with a series of violations. The Occupational Safety and Health Administration has recommended almost $75,000 in fines against Nationwide Tarp Inc., which makes tents and other canvas products in Amsterdam.
Nokia Corp. and Canadian smartphone rival Research In Motion have agreed on a new patent licensing pact which will end all existing litigation between the two struggling companies, the Finnish firm said Friday. The agreement includes a "one-time payment and on-going payments, all from RIM to Nokia," Nokia said, but did not disclose "confidential" terms.
China's government says it will encourage mergers among producers of solar panels to strengthen an industry that has suffered huge losses due to excess production capacity and price-cutting wars. The announcement, which analysts have expected for months, comes as Beijing faces trade sanctions by the United States and possibly Europe over complaints its support for solar panel producers violates trade rules.
Wind energy advocates are pushing for the credit renewal. The American Wind Energy Association, quoting a study by Navigant Consulting, said a new U.S. manufacturing sector and 37,000 jobs could be lost by the first quarter of 2013 if Congress fails to act.
German prosecutors have charged two former Porsche executives with market manipulation in connection with the sports car company's failed takeover of Volkswagen AG, officials said Wednesday. Prosecutors in Porsche's home city of Stuttgart accuse former chief executive Wendelin Wiedeking and ex-chief financial officer Holger Haerter of making misleading statements about the company's intentions in 2008.
The government on Wednesday gave a verbal warning to Mitsubishi Motors Corp. for its improper handling and explanation of minivehicle recalls prompted by oil leaks. The Ministry of Land, Infrastructure, Transport and Tourism is expected to inspect the company soon over the four recalls reported since November 2010.
A federal jury in San Francisco has convicted a former executive at a Taiwanese company of participating in a global LCD screen price-fixing conspiracy. The U.S. Department of Justice says Shiu Lung Leung could face up to 10 years in prison and a $1 million fine for his role in illegally fixing computer screen prices in the U.S.
Apple and Samsung, the world's top two smartphone makers, each scored a significant victory on different continents that will allow both to keep selling their products without legal interference this holiday season. A federal judge rejected Apple's demands to block U.S. sales of three smartphones made by Samsung. The ruling came weeks after a jury found that Samsung infringed six Apple patents.
The U.S. government has hit Toyota Motor Corp. with a record $17.4 million fine for failing once again to quickly report problems to federal regulators and for delaying a safety recall. The fine against the world's biggest automaker from the National Highway Traffic Safety Administration, the agency that monitors vehicle safety, is the maximum allowed by law.
A federal judge rejected Apple Inc.'s demands that its chief rival in the more than $100B global smartphone market cease selling models a jury recently found illegally used Apple technology. The immediate impact of the ruling means that Samsung can continue to sell three of the older-generation smartphones still on U.S. shelves that a San Jose jury in August found ripped off technology Apple used to create its iPhone.
A Bangladesh government committee investigating the garment factory fire that killed 112 people last month said in its findings that the blaze was sabotage, probably by someone who worked there. But the panel said that no matter who set the fire, the owner of the factory also should be punished for the deaths because he neglected worker safety.