SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- Toyota Motor Corp. revealed on Wednesday that it may take a step back from engineering automobiles to revive the slot car racing craze that swept the 1970s and 1980s, signaling a radical shift in its business model. Toyota has been ordered to pay a landmark $1.2 billion to conclude the Justice Department’s criminal probe into safety issues that began in 2009. Toyota executives expressed disappointment with the ruling, but said they hope to recover some of their losses with the release of a new toy called “Prius Pedal Force Robot Happy Lightning DRIVE!”
Showing posts with label department of justice. Show all posts
Showing posts with label department of justice. Show all posts
Wednesday, March 19, 2014
Toyota Unveils Slot Car Racing Game, Citing New Business Direction
SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- Toyota Motor Corp. revealed on Wednesday that it may take a step back from engineering automobiles to revive the slot car racing craze that swept the 1970s and 1980s, signaling a radical shift in its business model. Toyota has been ordered to pay a landmark $1.2 billion to conclude the Justice Department’s criminal probe into safety issues that began in 2009. Toyota executives expressed disappointment with the ruling, but said they hope to recover some of their losses with the release of a new toy called “Prius Pedal Force Robot Happy Lightning DRIVE!”
Friday, August 9, 2013
Justice Department to Take Over Editorial Duties for Associated Press
SAN NARCISO, Calif. (Bennington Vale Evening Transcript) -- Amazon.com founder Jeff Bezos made headlines this week with his $250 million purchase of The Washington Post, one of the nation's most revered newspapers. Before that, Rupert Murdoch expanded his own global news empire when he took over The Wall Street Journal. Such purchases by corporate magnates are neither new nor particularly rare, but the Justice Department's revelation that it will soon assume the editorial duties for the Associated Press is unprecedented. Lorraine Kiesch, a senior linguistic analyst with Justice, made the announcement Thursday. She will be heading the AP after the acquisition and has assured the public that the DOJ's actions were undertaken solely in the interest of saving the not-for-profit news cooperative from ruin.
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