Comcast and Time Warner executives ran into stiff opposition as they pitched their proposed merger to the Senate Judiciary Committee. The deal would give the combined company a large share of both pay TV and broadband internet service markets. In both cases, lawmakers wanted to know how consumers would be affected.
Toyota is recalling 6.4 million vehicles due to defects. The recall comes at a time of heightened scrutiny of automakers, only weeks after Toyota agreed to a $1.2 billion settlement with the U.S. government for misleading consumers.