Days before the state Administration Department sued to challenge Alcoa Inc.'s property rights for four hydropower dams built on the Yadkin River, a North Carolina environmental official recommended that the company win a crucial state approval needed for a new 50-year license to operate them.
Chevron Corp. on Monday agreed to pay $2 million in fines and restitution and pleaded no contest to six charges in a fire last summer at its refinery in the San Francisco Bay Area city of Richmond that sent thousands of residents to hospitals, many complaining of respiratory problems.
The London Metal Exchange and Goldman Sachs are being sued in a U.S. court over alleged anti-competitive and monopolistic behavior in aluminum storage. The metal exchange will fight the class-action lawsuit, which its management believes is without merit, the LME's owner, Hong Kong Exchanges and Clearing Ltd., said in a statement late Sunday.
Workers at a Wisconsin meat processing plant must be paid for time spent putting on and taking off protective clothing, an appeals court ruled. The ruling came in a lawsuit filed by six workers at the Tyson Prepared Foods plant in Jefferson. It is one of several filed nationwide by meat and poultry workers, who say they spend significant time putting on and taking off gear.
Chevron has agreed to pay a $284,000 fine and help buy four clean-running school buses after inspectors found pollution law violations at a Salt Lake City refinery. The Environmental Protection Agency announced the settlement with the company Wednesday.
Ford says it has paid the government $17.35 million to settle a dispute over allegations that Ford delayed a safety recall. The company says it paid the fine to avoid a lengthy dispute with the National Highway Traffic Safety Administration.
President Barack Obama is ordering federal agencies to review safety rules at chemical facilities in response to the deadly April explosion at a Texas fertilizer plant. In an executive order announced Thursday, Obama tasks agencies with identifying new ways to safely store and secure ammonium nitrate, the explosive chemical investigators say caused the blast.
A federal judge has scheduled a hearing on Sept. 19 for Halliburton Energy Services to plead guilty to destroying evidence after BP's 2010 oil spill in the Gulf of Mexico. The company was arraigned Wednesday in New Orleans on a misdemeanor charge.
A Delaware judge on Tuesday said he needs to hear more evidence before he can decide how much Fiat should pay to buy some outstanding shares of U.S. automaker Chrysler. The ruling by Chancery Court Judge Donald Parsons is likely to delay Fiat's quest to buy all of the Chrysler stock that it doesn't own.
In her first speech as the head of EPA, Gina McCarthy told an audience gathered at Harvard Law School in Cambridge, Mass., that curbing climate-altering pollution will spark business innovation, grow jobs and strengthen the economy. The message was classic Obama, who has long said that the environment and the economy aren't in conflict and has sold ambitious plans to reduce greenhouse gases as a means to jumpstart a clean energy economy.
The company that wants to build a $1.2 billion fertilizer plant in either northern Iowa or eastern Illinois has offers of incentives from both states and plans to choose a site in 30 to 60 days. Illinois Gov. Pat Quinn signed economic legislation Thursday that includes incentives to try to convince Cronus Chemical LLC to build in the state.
More than a year after Japan's Supreme Court ordered camera and medical-equipment maker Olympus to stop punishing a whistleblower and reinstate him to his regular job, Masaharu Hamada is still fighting his courtroom battle. On Monday, he got company.
A labor rights group Monday accused a Chinese company that makes iPhones for Apple Inc. of abuses including withholding employees' pay and excessive working hours. China Labor Watch said it found violations of the law and of Apple's pledges about working conditions at factories operated by Pegatron Corp., a Taiwanese company.
The Europe Union and Chinese solar panel exporters said Saturday that they had reached a settlement in their long trade dispute, with the exporters agreeing to sell their products at a minimum price in the EU market. The agreement ends one of the biggest-ever trade disputes between China and Europe — a row that threatened to escalate into a full-blown trade war involving European wines and to disrupt EU-China relations.
With reporting requirements for the SEC’s Dodd-Frank mandated Conflict Minerals Rule coming due on May 31, 2014, companies are scrambling to determine their next steps in providing transparency required under the new rule, according to PwC. A survey found that almost half of the nearly 900 executives surveyed are still in the initial stages of their compliance efforts, while 32 percent are determining if the rule applies to them.
Halliburton Energy Services has agreed to plead guilty to destroying evidence in connection with the 2010 Gulf oil spill, the Department of Justice said Thursday. Federal officials said in a news release that a criminal information charging Halliburton with one count of destruction of evidence was filed in federal court in Louisiana.
China's government has ordered companies to close factories in 19 industries where overproduction has led to price-cutting wars, affirming its determination to push ahead with a painful economic restructuring despite slowing growth. The industry ministry issued orders late Thursday to more than 1,400 companies to cut excess capacity that has led to financial trouble for manufacturers.
Federal labor officials say a Georgia company has been cited for eight safety and health violations. U.S. Department of Labor officials said Tuesday that Quality Industries LLC was cited after a February inspection at its facility in Hartwell. The company manufactures boat seats, electrical equipment coverings and molds for municipal transportation services.
The first so-called "bellwether" case could determine whether Toyota Motor Corp. should be held liable for sudden unintended acceleration in its vehicles — a claim made by motorists that plagued the Japanese automaker and led to lawsuits, settlements and recalls of millions of its cars and SUVs.
Mitsubishi Heavy Industries Ltd. will fight Southern California Edison's allegations of gross negligence in the design and manufacture of steam tubes built for the San Onofre nuclear power plant, which has been permanently shut down due to excessive wear in the tubes.
The Institute for Supply Chain Management held their 98th Annual International Supply Management Conference & Educational Exhibit April 28th through May 1st in Grapevine, TX. More than 2,000 professionals attended the conference and several “instant” digital polls were held, taking a look at reshoring and tax concerns. Thomas Derry, CEO of ISM, discusses the results of those polls and how they are affecting business and the economy.
Federal safety officials have cited Ford Motor Co.'s Buffalo-area plant for alleged asbestos violations. The Labor Department's Occupational Safety and Health Administration has proposed fines of $41,800. OSHA officials say inspectors found eight violations. One involved a pipefitter who they say was exposed to asbestos while working on a steam line.
Southern California Edison, an electric utility company that retired the San Onofre Nuclear Generating Station last month, said Thursday it has served a notice of dispute to Mitsubishi Heavy Industry Ltd., holding the Japanese company accountable for manufacturing defective steam generators that led to the closing of the station.
A divided Senate confirmed Thomas Perez on Thursday to become secretary of labor, elevating the son of Dominican immigrants who as a top Justice Department official won praise from Democrats for aggressively enforcing civil rights laws and criticism from Republicans for being a liberal ideologue.
Japanese auto supplier Diamond Electric Manufacturing Co. has agreed to plead guilty and pay a $19 million criminal fine for its role in a price-fixing scheme. The U.S. Department of Justice said Tuesday that Diamond Electric rigged bids and fixed prices on ignition coils it sold to Ford Motor Co., Toyota Motor Corp. and others. The conspiracy lasted from 2003 through 2010.