Toyota faces pressure over recalls and unclear causal links
Washington lawmakers question Toyota's public claims on sudden acceleration amid two recalls. Rep. Waxman says the firm may not know all root causes as investigations set hearings. insurers and regulators scrutinize reports, while Honda expands recalls for air bag inflaters and steering issues across 2001–2009 models.
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Dcalif
Toyota
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Euro markets slip as Greece rescue looms in Brussels
EU leaders prepare a statement on Greece debt amid a cautious rally in European and U.S. stocks. Analysts say a bailout tied to deep spending cuts could ease the euro's slide, though German voters worry about cost and implications for borrowing costs. The euro hovers near an eight month low as Greece's fate remains pivotal to eurozone recovery.
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Florida Citrus Crop Hits After Freezing Weather
Florida citrus growers saw orange and grapefruit crops fall in February after eight days of freezing temperatures. Orange boxes totaled 129 million, down from January, with Valencia losses and lower juice yield. Grapefruit at 18.8 million boxes also slipped. overall declines shrink projected crops versus last season.
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Fla
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