Toyota agrees to pay the US government $32.4 million over its handling of car recalls in 2010 where over 10 million cars were recalled worldwide, over 14 separate recalls.
Chinese Vice Foreign Minister Zhang Yesui summons US ambassador Max Baucus to protest a US naval patrol close to Beijing's man-made islands in the South China Sea. Zhang called the US patrol "extremely irresponsible" and urged Washington to cease actions that harm China's sovereignty and security.
London-based BP agrees, pending court approval, to pay $US18.7 billion to compensate the United States government and the five Gulf Coast states--Alabama, Florida, Louisiana, Mississippi and Texas--for damages stemming from the 2010 Gulf of Mexico oil spill. The settlement includes a civil penalty of $US5.5 billion under the Clean Water Act.
Scientists are finding enormous oil plumes in the deep waters of the Gulf of Mexico, including one as large as 10 miles long, 3 miles wide and 300 feet thick in spots as fresh evidence that the leak from the broken undersea well could be substantially worse than estimates that the United States government and BP have given.