Toyota Verdict: Toyota Motor Corp. must pay nearly $11 million in damages for a 2006 crash in Minnesota that killed three, a federal jury decided on Tuesday. The jurors assigned 60 percent of the blame to Toyota and 40 percent to the driver in the crash, finding that a design defect in the Camry’s accelerator played a significant role in the rear-end collision, the Star Tribune reports.
Déjà Vu: Nearly 20 years after the Federal Trade Commission went to court to block the merger of Staples and Office Depot, the two companies on Wednesday announced they’re going to try again: Staples agreed to buy Office Depot for $6.3 billion, Reuters reports. The Wall Street Journal writes that the deal will test “how far U.S. antitrust enforcers’ views of competition in the office-supply market have evolved.”
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