Word: wednesday
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...When he takes his turn on the hot seat on Wednesday, Akio Toyoda, the company's president and CEO - and grandson of its founder - will attempt to mollify his detractors with a heavy dose of contrition. "Toyota has, for the past few years, been expanding its business rapidly," Toyoda said in a prepared statement that he is expected to read at Wednesday's hearing. "Quite frankly, I fear the pace at which we have grown may have been too quick." He also said the company would give greater weight to customer complaints, mandate that managers drive the company's cars...
...Toyoda won't be the only one in the crosshairs on Wednesday. Transportation Secretary Ray LaHood will speak on behalf of the National Highway Traffic Safety Administration (NHTSA), the regulatory body whose apparent lax oversight - since 2003 it opened and closed eight investigations of Toyota vehicles due to customer complaints - was pilloried on Tuesday. Accounts of NHTSA's failure to piece together a pattern of customer complaints have made the group one of the saga's twin villains. "Shame on you Toyota, for being so greedy, and shame on you, NHTSA, for not doing your job," said Rhonda Smith...
...Toyota, a company that built its reputation through its dogged commitment to reliability, that has plunged the farthest. Wednesday's appearance will mark the culmination of a brutal month for its chief, who has been battered by the media for his sluggish response to the crisis. Toyota surely hoped that the worldwide recall of its flagship Prius and other hybrid models earlier this month would close an ugly chapter in its storied history. But a series of damaging revelations has rekindled whispers that the automaker has valued profits over safety. In a document dated July 6, 2009, and obtained...
...near impossible when you stuff your face, but if you take smaller bites, legislation goes down easier. And so five Republicans so couldn't resist the stripped-down, $15 billion jobs package Reid pushed that they voted to end their own party's filibuster, and 13 Republicans Wednesday votes for passage of the measure, which includes tax incentives for employers who hire and money for highway construction. That gave Reid his first victory since the passage of health care reform on Christmas Eve. Reid's strategy was "perfect," says Senator Claire McCaskill, a Missouri Democrat, who adds that it "smoked...
...individual "normal hill" event (the designation refers to the competition that's held on the smaller of the two ski-jumping towers, but there's nothing normal about hurling yourself 100 m off a ramp on skis). But America's second-place finish in the team event on Wednesday, behind gold-medal winner Austria, was even sweeter, as it showed the collective strength of the program. (See the latest pictures from the 2010 Winter Games...