February 9, 2011

The U.S. Transportation Department says its investigation shows that electronic problems were not to blame for incidents of sudden high-speed acceleration that led to a recall of millions of Toyota vehicles last year. Toyota is now equipping its new vehicles with an override system to stop the car if the brake and accelerator pedal are pressed simultaneously. Source Link
 

Those annual bonuses that go to the nation’s biggest bankers will be doled-out over three years rather than all at once under new rules approved by federal regulators. The goal is to prevent anyone from cashing-in quickly on risky financial deals that might fail to perform later. There was much anger over big bonuses paid during the housing market run-up that led to the financial meltdown in 2008. Source Link 


The most expensive production in the history of Broadway has been universally panned by New York’s top theater critics. The new $65 million musical “Spiderman: Turn Off The Dark” got thumbs down in major newspaper reviews. But the high-flying show that’s been plagued with technical problems and injuries to cast members is still selling lots of tickets for preview performances. Source Link