Toyota to pay 1.2 billion to settle criminal probe
Toyota will pay 1.2 billion dollars to end a four year U.S. government criminal probe over unintended acceleration. Prosecutors say the company misled consumers and regulators about recalls and pedal and floor mat defects. an independent monitor will oversee reforms while no executives are charged.
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Lexus
Eric Holder
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Japan
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Yellen outlines five gauges for monitoring the economy
Fed chair Janet Yellen presented a five item dashboard to gauge U S economic health. The measures include U six unemployment, long term unemployment, labor force participation, quitting and hiring, and wage growth.
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March Madness goes to work as devices stream games
Employers face a rising challenge as employees watch NCAA tournament games on smartphones and tablets at work. CBS Turner and Dish promote TV Everywhere while boosting Wi Fi to handle streams. experts advise clear rules to balance productivity and fan engagement.
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Los Angeles
CBS Corp
Time Warner Inc
Turner
TV Everywhere
Turner Broadcasting
Jeremy Legg
Dish Network Corp
Dish
James Moorhead
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Robert Hosking
General Mills Drops GMOs in Plain Cheerios Amid Flat Sales
General Mills announced in January that plain Cheerios would be made without GMOs following a Green America campaign. CEO Ken Powell said supportive letters and online comments followed, but there was no detectable sales lift. The trend toward yogurt and breakfast sandwiches pressures Cheerios and rivals alike.
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General Mills
Green America
Cheerios
Ken Powell
Minneapolis
Powell
Kellogg Co
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