Toyota Agrees to $1B Settlement in Acceleration Case

Toyota has agreed to pay more than $1 billion to customers to settle a class action lawsuit that alleged its vehicles accelerated dangerously and without warning, according to statements by the carmaker and the plaintiffs' attorney.

The deal, which still needs approval by a federal judge in California, includes a $250 million fund to be paid to Toyota owners who sold their cars at a loss following reports of vehicle malfunctions, as well as the installation of a brake override system in about 3.25 million vehicles

An additional $250 million fund will be created to pay those owners whose vehicles are not eligible for the retrofitted brakes.

David Zalubowski/AP PHoto

Toyota recalled more than 14 million vehicles after reports of sudden, unexplained acceleration in several models began to surface between 2009 and 2010. There were also reports of brake problems with the Prius hybrid.

Toyota insists that it was not an electrical flaw that caused the acceleration problems, but driver error, floor mats and sticky gas pedals.

Both the National Highway Traffic Safety Administration and NASA have said there is nothing in wrong with programs that run the vehicles' onboard computers

"From the very start, this was a challenging case," said Steve Berman, the plaintiffs' lawyer. "We brought in automotive experts, physicists and some of the world's leading theoreticians in electrical engineering to help us understand what happened to drivers experiencing sudden acceleration."

The settlement also includes $30 million to be given to outside groups to study automotive safety.

In a statement, Toyota agreed to the deal.

"In keeping with our core principles, we have structured this agreement in ways that work to put our customers first and demonstrate that they can count on Toyota to stand behind our vehicles." said Toyota spokesman Christopher P. Reynolds.

Read More..

Democrats push for tax cuts they once opposed

Democrats seeking a deal to avert the year-end “fiscal cliff” are trying to etch into stone the signature economic achievement of Republican President George W. Bush by permanently extending tax cuts enacted during his tenure.

President Obama has put the extension of the tax cuts for most Americans at the top of his domestic agenda, a remarkable turnaround for Democrats, who had staunchly opposed the tax breaks when they were written into law about a decade ago.

With Obama coming back from vacation Wednesday and lawmakers returning Thursday, the main dividing line between Republicans and Democrats has come down to whether tax rates should increase for top earners at the end of the year, when the Bush-era tax cuts are set to expire. While Republicans want to extend all of the cuts, Democrats are pushing to maintain lower rates on household income below $250,000. Those lower rates significantly reduce the taxes of nearly all American households that earn less than $250,000 — and many who earn more, even if tax rates are allowed to increase on income above that figure.

While it is increasingly unlikely that the two parties will reach an agreement to avoid the fiscal cliff before Jan. 1, it is all but certain that their ultimate deal, whenever it comes, will make permanent the lower rates for most Americans.

R. Glenn Hubbard, dean of the Columbia Business School and an architect of the Bush tax cuts, said it is “deeply ironic” for Democrats to favor extending most of them, given what he called their “visceral” opposition a decade ago. Keeping the lower rates even for income under $250,000 “would enshrine the vast bulk of the Bush tax cuts,” he said.

Democrats say they have reconsidered their opposition to the Bush tax cuts for several reasons. The cuts were written into law from 2001 to 2003 after a decade in which most Americans saw robust income growth. Over the past decade, by contrast, median wages have declined, after adjusting for inflation, amid a weak economy. Allowing tax cuts for the middle class to expire would further reduce take-home pay.

“We’ve had these tax cuts in place since 2001. The world changes, and the economy is where it is,” said Steven Elmendorf, who was chief of staff to former House minority leader Richard A. Gephardt (D-Mo.), a primary opponent of the Bush tax cuts. “With people’s economic status, we should not be raising taxes on people earning under $250,000.”

What’s more, income inequality has been growing. Sparing the middle class higher taxes while requiring the wealthy to pay more would tip the scales slightly in the other direction.

“The reason there’s been this movement toward broad consensus on renewing the tax cut for working- and middle-class families is that will give us a sharper progressivity in the tax system that is very much desired by Democrats and progressives who’ve seen an income distribution more and more distorted toward the wealthy,” said Betsey Stevenson, former chief economist in Obama’s Labor Department and a professor at the University of Michigan, who added that taxes may have to rise even more than currently contemplated to meet the country’s needs.

Read More..

'Yak insurance' plan saving Nepal's snow leopard

KATHMANDU: The remorse felt by Himali Chungda Sherpa after he killed three snow leopard cubs in retaliation for his lost cattle inspired him to set up a scheme to prevent other herders from doing the same.

Sherpa lost his cattle near Ghunsa village at the base of Mount Kangchenjunga on the Nepal-India border, later finding their remains in a cave beside three sleeping snow leopard cubs.

The Nepalese herder put the cubs in a sack and threw them into the river, finding their bodies the next day.

"From that night onwards the mother snow leopard started crying from the mountain for her cubs, and my cattle were crying for the loss of their calves."

"I realised how big a sin I had committed and promised myself that I would never do such a thing in the future."

Four years ago Sherpa, 48, founded with other locals an insurance plan for livestock that conservationists say is deterring herders from killing snow leopards that attack their animals.

In doing so the scheme has given hope for the endangered cat, whose numbers across the mountains of 12 countries in south and central Asia are thought to have declined by 20 percent over the past 16 years.

Under the scheme, herders pay in 55 rupees a year for each of their hairy yaks, the vital pack animal that is also kept for milk and meat, and are paid 2,500 rupees for any animal killed by the endangered cat.

"The (Himalayan) communities have been able to pay out compensation for more than 200 animals since the scheme started," WWF Nepal conservation director Ghana Gurung told reporters at a presentation in the capital Kathmandu.

"The community members are the ones that monitor this, they are the ones who do the patrolling and they are the ones who verify the kills."

The global snow leopard population is estimated at just 4,080-6,590 adults according to the International Union for Conservation of Nature, which lists the animal as "endangered" on its red list of threatened species.

Experts believe just 300 to 500 adults survive in Nepal, and few can claim ever to have seen the secretive, solitary "mountain ghost", which lives 5,000 to 6,000 metres above sea level.

Despite its name, it is not a close relative of the leopard and has much more in common genetically with the tiger, though it is thought to have a placid temperament.

"There has never been a case of a snow leopard attacking a human," Gurung said of the animal, revered for its thick grey patterned pelt.

It does, however, have a taste for sheep, goats and other livestock essential for the livelihoods of farmers and is often killed by humans either as a preventative measure or in revenge for the deaths of their animals.

WWF Nepal revealed details of its insurance scheme in filmed interviews shown at the recent Kathmandu International Mountain Film Festival.

Sherpa now campaigns to convince Himalayan farmers that killing snow leopards is wrong, but has been frequently told they need to kill the animal to protect their livelihoods.

"I swear if I can catch a snow leopard. They rob our animals and our source of livelihood," herder Chokyab Bhuttia told the WWF.

The insurance plan, which also covers sheep and goats, was set up with 1.2 million rupees donated by the University of Zurich.

Since the Kangchenjunga Conservation Area Snow Leopard Insurance plan was launched four years ago no snow leopard is thought to have been killed in retaliation for preying on livestock since.

Locals, who count the number of cattle attacked as well as tracks, faecal pellets and scratches in the ground, believe snow leopard numbers have significantly increased.

"There is now an awareness among people that the snow leopard is an endangered animal and we have to protect it. The insurance policy has made people more tolerant to the loss of their livestock," Sherpa said.

He believes protecting the snow leopard is vital to boosting the economy in an area which gets just a few hundred trekkers a year, compared with 74,000 in Annapurna.

"If a tourist sees a snow leopard and takes a picture of it there will be publicity of our region and more tourists will come," Sherpa said.

Evidence of the scheme's benefits will remain anecdotal until the publication next year of the results of a wide-ranging camera trapping survey.

But locals are optimistic about the animal's future, according to Tsheten Dandu Sherpa, chairman of the Kangchenjunga Conservation Area Management Council.

"In this area there was never any poaching of snow leopards for trade. They were killed only as a retaliatory act by livestock owners," he said.

"Now with this insurance policy there will definitely be protection of the snow leopard and its numbers will increase."

-AFP/fl

Read More..

B S Yeddyurappa threatens to pull down Karnataka government

BANGALORE: A day after the ruling BJP in Karnataka sacked 30 of his followers, former chief minister and Karnataka Janata Party president B S Yeddyurappa on Tuesday threatened to destabilize the government. He said he would meet governor HR Bhardwaj with the request to ask the government to prove its majority.

"The government has been reduced to a minority. Chief minister Jagadish Shettar has no moral right to continue. I will apprise the governor of the situation," BSY told reporters in Mysore.

On Monday night, Shettar and state BJP chief KS Eshwarappa acted tough by sacking BSY followers, who were heading state-run boards and corporations, on charges of anti-party activities.

An upset BSY challenged Shettar stating that if the CM was confident of regaining power, he should dissolve the assembly and seek fresh mandate. "Let people decide who is fit enough to rule them," he said. "I will soon convene a meeting of my followers and decide the future course of action," BSY added.

BSY's plan to meet the governor is seen as a strategy to stall Shettar from presenting the budget.

Read More..

Photos: Humboldt Squid Have a Bad Day at the Beach

Photograph by Chris Elmenhurst, Surf the Spot Photography

“Strandings have been taking place with increased frequency along the west coast over the past ten years,” noted NOAA’s Field, “as this population of squid seems to be expanding its range—likely a consequence of climate change—and can be very abundant at times.” (Learn about other jumbo squid strandings.)

Humboldt squid are typically found in warmer waters farther south in theGulf of California (map) and off the coast ofPeru. “[But] we find them up north here during warmer water time periods,” said ocean sciences researcherKenneth Bruland with the University of California, Santa Cruz (UCSC).

Coastal upwelling—when winds blowing south drive ocean circulation to bring cold, nutrient-rich waters up from the deep—ceases during the fall and winter and warmer water is found closer to shore. Bruland noted that climate change, and the resulting areas of low oxygen, “could be a major factor” in drawing jumbo squid north.

Published December 24, 2012

Read More..

Christmas Tornadoes Tear Across South

A nasty Christmastime storm system spawned blizzard conditions in some states and at least 15 reported tornadoes in the South, damaging homes, taking out power lines and dangerously snarling holiday travel.

Severe weather swept across the United States during the Christmas holiday, bringing tornadoes and intense thunderstorms to the Gulf Coast, while dumping heavy snow and freezing rain on the Southern Plains.

At least 15 tornadoes were reported today from Texas to Alabama, putting this storm system potentially on track to be one of the largest Christmas day tornado outbreaks on record.

One large tornado was reported in Mobile, Ala., where there are about 19,000 customers without power and 23,429 statewide, according to Alabama Power. Kerry Burns, a Mobile resident originally from Boston, said the storm "sounded like a freight train."

Some buildings in the area, including some churches and a local high school, were reportedly damaged. Ray Uballe, another Mobile resident, said his dad was shaken up.

"He was in his apartment," Uballe said. "He said it sounded like an airplane and then the door flung open and then there was just debris flying."

Douglas Mark Nix, president of the Infirmary Health System, said one of their Mobile hospitals lost power and sustained damage. There were no early reports of injuries to staff or patients.

"We are operating now on generator power," he said. "We do not have substantial damage but we do have a number of windows out and we have some ceiling tiles down, throughout the facility at the main hospital.

"We can run for at least two weeks but I saw power crews out all over the city so I fully expect power to be restored within the next day or so," Nix added.

Melinda Martinez/The Daily Town Talk/AP Photo

Winter Weather Causes Holiday Travel Problems Watch Video

At least eight states were issued blizzard warnings today, as the storms made highways dangerously slick heading into one of the busiest travel days of the year.

Oklahoma got about 7 inches of snow all over the state making for treacherous road conditions. ABC News affiliate KOCO-TV in Oklahoma City said the weather was being blamed for a 21-vehicle wreck on Interstate 40, but no one was seriously injured.

Ice accumulation in Arkansas bent trees and power lines, leaving at least 50,000 customers across the state without power. About 10 inches of snow fell on Fayetteville, Ark.

The storms, which first wreaked havoc on the West Coast before moving east, are being blamed for at least one death in Texas.

Investigators in the Houston area told ABC state KTRK-TV in Houston that a young man was trying to move a downed tree that was blocking the roadway when another one snapped and fell on top of him. He was later pronounced dead at a hopsital.

The last time a number of tornadoes hit the Gulf Coast area around Christmas Day was in 2009, when 22 tornadoes struck on Christmas Eve morning, National Weather Service spokesman Chris Vaccaro told ABC News over email.

The deadliest Christmastime tornado outbreak on record was Dec. 24 to 26, 1982, when 29 tornadoes in Oklahoma, Missouri, Arkansas, Tennessee and Mississippi killed three people and injured 32.

The last killer tornado around Christmas, Vaccaro said, was a Christmas Eve EF4 in Tennessee in 1988, which killed one person and injured seven. EF4 tornadoes can produce winds up to 200 mph.

No official word yet on the strength of the string of tornadoes reported today.

While some were preparing for a Christmas feast, others were hunkered down.

More than 180 flights nationwide were canceled by midday, according to the flight tracker FlightAware.com. More than half were canceled by American Airlines and its regional affiliate, American Eagle.

The storm system is expected to continue east into Georgia and the Carolinas Wednesday and could potentially spawn more tornadoes, according to the National Weather Service.

ABC News' Matt Gutman, Max Golembo and ABC News Radio contributed to this report.

Read More..

Federal workers feel unease over potential layoffs, furloughs unleashed by ‘fiscal cliff’

Federal employees have been skeptical for months that the biggest cuts to government spending in history could really happen. But with the “fiscal cliff” a week away, workers are now growing increasingly alarmed that their jobs and their missions could be on the line.

President Obama and members of Congress headed out of town late last week for a Christmas break without reaching a deal to avoid $110 billion in automatic across-the-board spending cuts, which would hamstring operations ranging from weather forecasting and air traffic control to the purchase of spare parts for weapons systems. So civil servants are bracing for the blow, wondering whether their work will be upended — and whether they may be forced to take unpaid days off.

“This could change day by day,” said Antonio Webb, 25, who works in the mail service that handles correspondence for the Department of Homeland Security. “You could come into work and the next day they say, ‘We don’t need you because we have to cut so much.’ ”

Many federal workers have become jaded after a two-year pay freeze and congressional fights over spending that keep agencies lurching from one stopgap budget to another. Until recently, few employees thought it could come to this: Budget cuts of 8 to 10 percent divided equally between military and domestic agencies. Only a few programs, like Social Security, veterans benefits and some services for the poor, are exempted.

“Sure, we continue to do our jobs,” said Carl Eichenwald, who works in enforcement at the Environmental Protection Agency. “But all of this uncertainty is disruptive for our mission. A lot of time gets spent spinning wheels. We won’t know whether we can do inspections. Do we have 100 percent of our budget, or 85 percent?”

Top congressional aides said Monday that discussions of how to avert the fiscal cliff had come to a virtual standstill. Obama and House Speaker John A. Boehner (R-Ohio) had not spoken since Friday.

Each side in the negotiations urged the other to come up with a way around the impasse. A senior Democratic aide said Boehner needs to return from the holiday with a “cleared head and a readiness to deal.” The aide said that there is no time for Democrats to unilaterally advance a bill in the Senate, adding that they can press forward with legislation only if they are assured by Republican leaders of GOP support.

A senior Senate Republican aide insisted, however, that it is now up to Senate Majority Leader Harry M. Reid (Nev.) and his fellow Democrats to figure out what they can pass in the Senate without worrying about the Republican-controlled House.

As the year-end deadline approaches, federal employees have been told very little by their bosses about how their agencies are preparing to carry out huge spending reductions.

“It seemed like we were almost immune to thinking that something real was going to come of it,” said Fernando Cutz, an analyst for the U.S. Agency for International Development.

Then came an e-mailed memo on Thursday from agency heads to employees. The cuts would be “significant and harmful to our collective mission.” Furloughs “or other personnel actions” — layoffs — remain a real possibility.

Read More..

Mitsubishi offices inspected over latest recall

TOKYO: Dozens of transport ministry officials inspected Mitsubishi Motors' offices across Japan on Tuesday after the automaker last week widened a recall to about 1.7 million vehicles.

The inspection of Mitsubishi's Tokyo headquarters and quality-control offices nationwide came after the ministry criticised the firm over the latest expansion of an oil leak recall.

"We are inspecting the company's offices to see whether the quality improvement programme that Mitsubishi submitted to us is appropriate," ministry official Tsuneki Matsuo told AFP.

He added that the inspection, which involves about 40 ministry staff, would include Mitsubishi dealerships in Japan.

Two years ago, Mitsubishi recalled nearly 250,000 vehicles, adding about 300,000 more vehicles to the call back this year, after anonymous tips to the transport ministry prompted officials to order the firm to revisit the glitch.

Last week, the company said it was adding another 1.2 million vehicles to the recall, the latest in a string of safety and quality issues to dent Japan's auto sector.

A faulty engine part could trigger an oil leak and light the oil pressure gauge on the dashboard. In a worst case scenario the engine could seize, the company said, adding that no accidents had been linked to the glitch.

The latest recall prompted a rebuke from transport ministry officials, who said last week they would meet with Mitsubishi officials to press them on the issue, saying the company had not made proper disclosures to the public.

It ordered the firm to report on the status of internal measures taken to prevent a recurrence of the problem, and said it would ask government-chosen experts to probe the recall.

In a statement Tuesday, Mitsubishi said "we will fully cooperate with the on-site inspection and will make steady progress to prevent a repeat".

The transport ministry slap down comes a decade after Mitsubishi admitted to keeping the ministry and public in the dark about tens of thousands of complaints filed by car owners dating back to the late 1970s.

There were some fatal accidents linked to the safety problems.

Bigger rivals Toyota, Nissan and Honda have recalled millions of vehicles in recent years, dealing a blow to their safety and quality image.

- AFP/ck

Read More..

Govt draws up plan to revamp cyber security of critical sectors

NEW DELHI: In its bid to meet the challenge of ever increasing cyber attacks and security in the virtual world, the government has set in motion a five-year project to revamp the entire cyber security apparatus of critical sectors in the country. In the past one year, India has suffered 13,000 cyber incidents.

The responsibility for the job has been vested in National Critical Information Infrastructure Protection Centre (NCIIPC), the nodal agency to coordinate cyber security operations for critical infrastructures across the country. NCIIPC has prepared a five-year plan to completely revamp and integrate the cyber security apparatus of all critical infrastructure such as power, transportation, water, telecommunication and defence.

The agency, which is soon to be notified, further plans to set up sectoral Computer Emergency Response Teams (CERTs) that will be connected to it. It will install sensors on all critical systems to give real-time information to its command and control centre about any cyber attack to formulate quick response.

The government has also defined clear mandates for NCIIPC and CERT-IN, which is also engaged in cyber security of national infrastructure. NCIIPC will only look after absolutely critical sectors that have high threat perception coupled with greater dependence on computer and information technology (CIT), while other sectors will be with CERT-IN. These sectors (with NCIIPC) have been identified as energy (power, coal, oil and natural gas), transportation (railways and civil aviation), banking and finance, telecom, defence, space, law enforcement and security.

Functioning under the aegis of National Technical Research Organization (NTRO), NCIIPC last Monday also organized the first national conference of chief information security officers (CISO) of critical sectors of the government.

Sources said this is part of the step to first create awareness and ensure setting up of a robust security system in all critical government agencies at their own level. The task has been divided into five phases. Once agencies set up their security infrastructure, it will be connected to NCIIPC.

"There are plans to open a Cyber Security Operation Centre, a 24/7 control room for real-time information and response and a National Institute of Critical Information Infrastructure Protection for training of CISOs. We will also issue daily cyber alerts," said NCIIPC director Muktesh Chander in a presentation.

Sources said this infrastructure will ensure that NCIIPC gets real-time information as soon as a cyber attack happens on any network, can quickly analyze different attacks and provide immediate response. "If the same virus attacks different systems, we will not have to analyze them separately and formulate different responses," said an official.

National security advisor Shivshankar Menon, who addressed the gathering, stressed on participation of the private sector and said, "The NCIIPC is setting up a joint working group with representatives of industry associations to bring out guidelines for protection of critical information infrastructure in India."

Read More..

Photos: Humboldt Squid Have a Bad Day at the Beach

Photograph by Chris Elmenhurst, Surf the Spot Photography

“Strandings have been taking place with increased frequency along the west coast over the past ten years,” noted NOAA’s Field, “as this population of squid seems to be expanding its range—likely a consequence of climate change—and can be very abundant at times.” (Learn about other jumbo squid strandings.)

Humboldt squid are typically found in warmer waters farther south in theGulf of California (map) and off the coast ofPeru. “[But] we find them up north here during warmer water time periods,” said ocean sciences researcherKenneth Bruland with the University of California, Santa Cruz (UCSC).

Coastal upwelling—when winds blowing south drive ocean circulation to bring cold, nutrient-rich waters up from the deep—ceases during the fall and winter and warmer water is found closer to shore. Bruland noted that climate change, and the resulting areas of low oxygen, “could be a major factor” in drawing jumbo squid north.

Published December 24, 2012

Read More..