Toyota to pay U.S. $32.4 million over recalls

Toyota has agreed to pay more than $32 million in penalties after two federal investigations that faulted the Japanese automaker for its handling of recent auto recalls, the U.S. Transportation Department announced Monday night. The fines -- $16.375 million in one case, and $16.05 million in another -- are the steepest allowed by law, the department said in a statement. They come amid on ongoing investigation that Toyota...