Toyota faces potential $3 billion class action toll over recalls
AP review finds at least 89 class-action suits against Toyota over safety recalls, with potential losses of $3 billion or more for economic damages from lost vehicle values. Experts warn broader lawsuits could exceed this, while consolidations and class certification hearings loom in San Diego.
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Miami
Toyota
Associated Press
U.S
Tom Baker
University of Pennsylvania
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Northeastern University
Tim Howard
Ford
January job openings rise to 2.7 million in sign of recovery
The Labor Department reports January openings up 7.6 percent to 2.7 million, the highest since February 2009, suggesting gradual hiring gains as the economy improves. Economists project up to 300,000 net jobs in March, with some temporary Census hires. The jobless rate holds at 9.7 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Dan Greenhaus
Miller Tabak
Samsung and Panasonic roll out 3-D TVs this week
Samsung and Panasonic begin selling 3-D sets in U.S. stores this week as the new technology enters homes. Samsung offers a 46-inch 3-D TV for about $3,000 with two glasses and a 3-D Blu-ray player. Panasonic plans to start sales today amid strong theater interest driven by recent 3-D titles like Alice in Wonderland.
MENTIONED IN THIS ARTICLE
New York
Samsung
Panasonic
U.S
Samsung Electronics Co
Panasonic Corp
New 3-D TV Era Faces Price and Comfort Hurdles
A new dimension in television faces consumer skepticism over the extra 500 dollars needed for 3-D sets beyond standard HD TVs. Bulky rechargeable glasses complicate use as lighting flicker and blurred viewing occur when glasses are off or in 3-D mode.
Airlines may cancel flights to dodge new fines rule
Continental Airlines CEO Jeff Smisek says carriers will cancel flights to avoid penalties under a new Transportation Department rule. The rule imposes fines up to 27500 per passenger for delays three hours or more with no offboard option.
MENTIONED IN THIS ARTICLE
Dallas
Continental Airlines
Jeff Smisek
U.S. Transportation Department
Transportation Department
Smisek
New York
L.A
Mumbai
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