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...Land, Infrastructure, Transport and Tourism, where minister Seiji Maehara also learned the chief of the world's largest automobile maker is headed to the U.S. on an apology tour. Maehara has condemned Toyota for being insensitive and slow in responding to domestic consumer complaints - the first report of the brake problems in Japan goes back to July, and 84 had been filed as of Feb. 1 - and the minister didn't appear to be overly confident in Toyoda's ability to deliver a more convincing message abroad. "I understand Mr. Toyoda is visiting the United States, so I asked that...

Author: /time Magazine | Title: In Tokyo, Embattled Toyota Chief Faces a Nation | 2/10/2010 | See Source »

...Toyota announces antilock problems as the source of brake issues with the Prius...

Author: /time Magazine | Title: Toyota's Safety Problems: A Checkered History | 2/9/2010 | See Source »

...Toyota announces that it will recall 437,000 hybrid cars worldwide, including the Prius, the Prius Plug-In Hybrid, the Sai and the Lexus HS250h, to fix a problem with the brake systems. Toyota executives suggest that the recall is voluntary...

Author: /time Magazine | Title: Toyota's Safety Problems: A Checkered History | 2/9/2010 | See Source »

...capital's never-ending budget battles, which alone gets to judge whether legislation will add to or lighten the national debt. A bumper sticker posted on a billboard in the hallway gives you an idea of what passes for humor in a place as wonky as this: "I Brake for Unfunded Mandates." See TIME's Person of the Year 2009: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: Douglas Elmendorf: The Numbers Man Whom D.C. Trusts — and Loathes | 2/3/2010 | See Source »

...However, Obama has already indicated that he favors the tax. Not only would it raise an estimated $149 billion over 10 years but many health economists argue that it also could put a brake on rising health care costs. According to one aide to the House Democratic leadership, Obama made a "strong case" for the tax in a meeting last week with congressional leaders, and "got an equally strong push back from the House...

Author: /time Magazine | Title: Can the Dems Bridge Their Health Care 'Cadillac' Tax Divide? | 1/11/2010 | See Source »

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