Friday, February 5, 2010

Jobless rate falls to lowest level since August

Date: Fri, 05 Feb 2010 12:01:09 -0500

JOBLESS RATE FALLS LOWEST LEVEL SINCE AUGUST
The U.S. unemployment rate falls to 9.7% in January from 10% in
December, as 20,000 nonfarm payroll jobs are lost, the government
says.

TOYOTA CHIEF VOICES REGRET OVER ACCELERATOR RECALL
The grandson of the founder of Toyota publicly expresses regret over
the recent massive recall and vows to set up a special quality-control
task force to address the issue.

WHAT CONCERNED TOYOTA OWNERS SHOULD DO NOW
Consumers worried that their Toyotas could be safety nightmares will
need to make plans to get their car into a Toyota dealer at the first
opportunity. But with millions of cars involved in two recalls, the
fixes may require patience on the part of car owners.

TOYOTA'S SHARES RISE; RECALL WOES MOUNT
Some investors chose to focus on the auto maker's improved earnings
and positive outlook, sending the auto giant's shares higher.

TURMOIL FOR TOYOTA TOUCHES MAIN STREET AMERICA
As management in Tokyo rushes to respond to problems regarding sticky
gas pedals and now malfunctioning brakes, thousands of U.S. employees
are keeping close tabs on developments.

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