The automaker Toyota has agreed to one of the largest settlements in automotive history. Pending court approval, the company will pay more than $1 billion to resolve a class-action lawsuit related to unintended acceleration.
After agreeing to pay the U.S. government $4.5 billion to settle criminal charges stemming from the Gulf oil spill, BP could face even higher civil penalties. Is such grave punishment in the government's best interest?
Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. It's compensation for maybe not sharing the whole story when B of A bought the failing brokerage Merrill Lynch in 2008.