Remembering: Robert Strauss, a co-founder of Akin Gump Strauss Hauer & Feld, died Wednesday at age 95, The National Law Journal reports. “To those fortunate enough to work with him, he was a colleague, mentor and friend,” the firm said in a statement.
Falling: U.S. stocks dropped on Wednesday as Federal Reserve Chairwoman Janet Yellen outlined the central bank’s plan to end its stimulus program, Bloomberg reports.
Settling: Toyota Motor Corp. has reached a $1.1 billion deal with the U.S. Department of Justice to settle a fraud charge related to misleading statements about the safety of its cars to the public and regulator, Legal Times reports.
Endorsing: Former D.C. Mayor Marion Barry on Wednesday endorsed sitting Mayor Vincent Gray in his reelection bid, The Washington Post reports. Barry called Gray “a man of integrity.”