The U.S. unemployment rate unexpectedly dropped to 9.7 percent in
January from 10 percent in the prior month, but employers eliminated an
additional 20,000 net jobs over the month, the government said Friday
in a report that shows the labor market has yet to turn the corner
despite the return of growth to the economy.
U.S. auto safety regulators have launched a formal probe into braking
complaints on 37,000 Toyota Prius hybrids, just after the Japanese
automaker admitted that it had made changes to the brake software in
models in production.
Congressional investigators are escalating their probe of Toyota Motor
Corp. vehicles by examining whether sudden acceleration afflicts models
that have not been recalled — and whether all Toyota vehicles should be
modified so that their brakes override out-of-control throttles.