Afternoon Coffee: 80,000 Toyota Cars Impacted by Japan Earthquakes, Target Tests New Food Transparency Sell Tactic

AdobeStock/Africa Studio

Toyota estimates a loss of 80,000 cars from the shutdowns in production in Japan following the recent earthquakes. Hiroji Onishi, Toyota’s senior managing officer for China, said the carmaker is not sure when or if it will be able to recoup that lost output.

Target is testing a new way to sell food by providing customers with a high level of transparency into the produce they buy. The concept is being tested in Minnesota and one of the features is allowing consumers to pay for produce based on how fresh it is. “Smart scales” also allow consumers to weigh produce and look up how many calories the produce has, if it is organic and how it was produced.

The U.S. Federal Aviation Administration issued an urgent safety directive for Boeing’s 787 Dreamliner planes with the latest General Electric Co. engines. The FAA said the engines on those jets need to be replaced as they may fail during flight.

SunEdison, the renewable energy company that recently filed for bankruptcy, reportedly owes more than $321 million to upstream suppliers. PCS Phosphate, which supplied SunEdison with silicon tetrafluoride for production of polysilicon, is owed $193 million alone.

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