Money Matters: Bootleggers beware

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February 26, 2013, 7:51 am
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(NECN) - A Virginia automotive lab is calling for federal safety regulators to investigate the Toyota Prius after the lab evaluated a client's car when the steering failed on his 2005 Prius.

No crashes or serious injuries were reported.

561,000 of the gas-electric hybrids made between 2004 and 2009 could be affected.

Toyota says it's cooperating with the national highway traffic safety administration on the issue.

Next, Macy's CEO Terry Lundgren is taking legal action against long-time friend Martha Stewart in a New York state court.

According to Lundgren, Stewart allegedly broke their exclusivity deal by signing a contract with JC Penny. Stewart argues the layout in JC Penny stores makes it more of a brand than a Macy's competitor.

Stewart's line is set to debut in JC Penny in May.

Finally, the Copyright Alert System is launching an effort this week to crack down on people illegally sharing music, movies or television shows.

Anyone who illegally downloads music will get up to six chances to stop. If they don't, they could face a slower internet connection.

Those behind it say it's unlikely to stop repeat offenders.

Tags: music, movies, Toyota, Macy's, Toyota Prius, Money Matters, sharing, martha stewart, Coyright Alert System, JC Penny, Terry Lundgren
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