Toyota targets critics over electronics in accelerator fixes
Toyota publicly challenged claims that faulty electronics cause runaway vehicles. The company cited studies by Illinois professor David W. Gilbert, saying tests used unrealistic conditions while insisting mechanical flaws are to blame. Regulators link 52 deaths to accelerator problems amid the eight million recalled vehicles.
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Toyota
Illinois
Kristen Tabor
Torrance
Calif
David W. Gilbert
Southern Illinois University- Carbondale
China pressured to let the yuan rise
Beijing faces mounting international pressure to loosen currency controls and allow a stronger yuan. Economists say a modest appreciation could aid U.S. exports and Chinese consumer buying power, but analysts expect any move to be slow and gradual with limited near term impact on trade deficits.
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Bejing
China
U.S
Nicholas Consonery
Washington
Eurasia Group
United States
Scott Paul
Alliance For American Manufacturing
Europe
Beijing
Senior confronts higher home care costs in Connecticut
Angeline DiBeneditto, 89, faces new 15 percent surcharges on at home care costs as rising property taxes and limited assets threaten her ability to stay in her Waterbury home. Officials say fees are to preserve services like meals on wheels and visiting nurses, though critics warn they may push eligible seniors into costly nursing homes.
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Waterbury
Conn
Angeline DiBeneditto
Connecticut
DiBeneditto
Aarp Public Policy Institute
Molly Rees Gavin
Connecticut Community Care Inc
Connecticut General Assembly
Cable fee fights threaten TV lineups as networks push for fees
Broadcasters seek higher per subscriber fees from cable and other providers amid mounting disputes. Cablevision dropped ABC in New York on Oscar night, affecting over 3 million Cablevision customers in NY NJ CT until a tentative deal was reached. More blackouts loom as contracts expire nationwide.
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Cablevision Systems Corp
ABC
New York
Time Warner Cable Inc
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SNL Kagan
CNN
ESPN
Los Angeles
Cablevision
New Jersey
Connecticut
Ohio gasoline prices rise for third straight week
Ohio motorists face an 8 cent week over week rise in regular gasoline with the statewide average around 2.68 per gallon, up from 2.60 last Monday. Prices are 10 cents higher than a month ago and 7 cents below the national average of 2.75 as fuel demand concerns grow.
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Ohio
Auto Club Aaa
Oil Price Information Service
Wright Express
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