Fast rectangle to rectangle intersection

function intersect(a, b) {
  return (a.left <= b.right &&
          b.left <= a.right &&
          a.top <= b.bottom &&
          b.top <= a.bottom)
}

This assumes that the top is normally less than bottom (i.e. that y coordinates increase downwards).

This is how the .NET Framework implements Rectangle.Intersect

public bool IntersectsWith(Rectangle rect)
{
  if (rect.X < this.X + this.Width && this.X < rect.X + rect.Width && rect.Y < this.Y + this.Height)
    return this.Y < rect.Y + rect.Height;
  else
    return false;
}

Or the static version:

public static Rectangle Intersect(Rectangle a, Rectangle b)
{
  int x = Math.Max(a.X, b.X);
  int num1 = Math.Min(a.X + a.Width, b.X + b.Width);
  int y = Math.Max(a.Y, b.Y);
  int num2 = Math.Min(a.Y + a.Height, b.Y + b.Height);
  if (num1 >= x && num2 >= y)
    return new Rectangle(x, y, num1 - x, num2 - y);
  else
    return Rectangle.Empty;
}

This is how that code can be translated to JavaScript. Note that there is a typo in your code, and in that of the article, as the comments have suggested. Specifically r2->right left should be r2->right < r1->left and r2->bottom top should be r2->bottom < r1->top for the function to work.

function intersectRect(r1, r2) {
  return !(r2.left > r1.right || 
           r2.right < r1.left || 
           r2.top > r1.bottom ||
           r2.bottom < r1.top);
}

Test case:

var rectA = {
  left:   10,
  top:    10,
  right:  30,
  bottom: 30
};

var rectB = {
  left:   20,
  top:    20,
  right:  50,
  bottom: 50
};

var rectC = {
  left:   70,
  top:    70,
  right:  90,
  bottom: 90
};

intersectRect(rectA, rectB);  // returns true
intersectRect(rectA, rectC);  // returns false

Another more simple way. (This assumes the y-axis increases downwards).

function intersect(a, b) {
  return Math.max(a.left, b.left) < Math.min(a.right, b.right) &&
          Math.max(a.top, b.top) < Math.min(a.bottom, b.bottom);
}

The 4 numbers (max's and min's) in the condition above also give the intersection points.