Texas’ Push to Meet Power Demand Could Spark Uranium Mining Revival
In the old ranchlands of South Texas, dormant uranium mines are coming back online. A collection of new ones hope to start production soon, extracting radioactive fuel from the region’s shallow aquifers. Many more may follow. These mines are the …
Ohio Manufacturer Faces $182K Fine for Workers’ Amputations
U.S. Department of Labor inspectors found a Cleveland, Ohio bakeware manufacturer failed to prevent two workers from suffering injuries that resulted in amputations, incidents that could have been avoided with proper safety measures. The department’s Occupational Safety and Health Administration …
Snack Maker Hearthside Settles Illinois Child Labor Probe
Private equity-backed snack producer Hearthside Food Solutions has agreed to pay $4.5 million to end an investigation by Illinois authorities into allegations the business used child labor at facilities in the state. Hearthside, which filed for bankruptcy last month, has …
Identities of Shadow Banks That Use New BOE Tool to Remain Secret
The Bank of England will hide the identities of any pension funds, insurers or hedge funds bailed out under a new financial stability tool to prevent a wider crisis engulfing the economy, Deputy Governor Dave Ramsden said. The BOE has …
Settlement Offered to Nursing Home Residents Kept in Warehouse During Ida
NEW ORLEANS (AP) — Some of the elderly residents of seven Louisiana nursing homes who were sent in 2021 to ride out Hurricane Ida in a crowded, ill-equipped warehouse are being offered shares of a nearly $9 million settlement after …
Connecticut Court Upholds $965 Million Sandy Hook Verdict Against Jones
The Connecticut Appellate Court on Friday affirmed a $965 million verdict from 2022 against conspiracy theorist Alex Jones, determining there’s “sufficient evidence” to support the damages awarded to relatives of the Sandy Hook Elementary School massacre victims and an FBI …
NHTSA Closes Probe Into 7,745 Fisker Ocean SUVs After Software Update
The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released a software update. Earlier …
North Carolina School Principal Charged With Pet Insurance Fraud
A North Carolina elementary school principal and a Cape Hatteras man were arrested last week and charged with insurance fraud after authorities said they attempted to make false claims to their insurance companies. Robert Grayson Dail, 35, of Gibsonville, principal …
New Mexico Seeks $47.8M Fine for Excess Air Pollution by Natural Gas Processor
New Mexico environmental regulators have issued a $47.8 million fine on allegations of excess air pollution at a natural gas processing facility in a prolific oil production region near the Texas state line. The state Environment Department issued the sanctions …
Earthquakes Under a Volcano Near Alaska’s Largest City Raise Concerns
An increase in the number of earthquakes under a volcano near Alaska’s largest city this year has geologists paying attention. Mount Spurr, about 80 miles northwest of Anchorage, last erupted in 1992, spewing an ash cloud nearly 12 miles into …
Executive of Tyler Perry Studios Dies When Plane He Was Piloting Crashes in Florida
(AP) — The president of Atlanta-based Tyler Perry Studios died Friday night when the small plane he was piloting crashed on Florida’s Gulf Coast. The studio confirmed on Saturday that Steve Mensch, its 62-year-old president and general manager, had died. …
Jury Awards $310M to Parents of Teen Who Fell from Orlando Amusement Park Ride
ORLANDO, Fla. (AP) — The parents of a 14-year-old Missouri boy who fell to his death from an Orlando amusement park ride in 2022 have won a $310 million verdict against the attraction’s Austrian builder. Late Thursday, the Orange County …
Gallagher to Buy AssuredPartners for $13.5B to Increase Mid-Market Reach
Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee benefits space. “We have held in high regard the fast-growing …
Tepco Removes Nuclear Fuel Debris From Fukushima Disaster Site
Japanese utility Tokyo Electric Power Co. said it removed nuclear fuel debris left inside a reactor in a demonstration at its Fukushima power plant, 13 years after a meltdown. Radioactive debris was removed from unit 2 at Fukushima Dai-ichi Nuclear …
Global Temperature Set to Surpass 1.5C Threshold in Hottest Year on Record
This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for the first time. The average global temperature reached 1.62C above pre-industrial levels in November, according to the EU-funded Copernicus Climate …
Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse
A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating the value of funds that ultimately collapsed, resulting in $3.2 billion in investor losses. Gregoire Tournant, the former chief investment …
Allianz Pauses Talks With Amundi Over Control of Asset Manager
Allianz SE has temporarily halted talks with Amundi SA over combining its Allianz Global Investors asset management arm with the French company. The two sides were unable to agree on a deal structure, including control of the combined entity, according …
CFPB Claims Supervision Over Google Unit, Which Promptly Sues
The Consumer Financial Protection Bureau said it’s claiming supervisory authority over Google Payment Corp., as the agency extends its oversight of nonbank financial platforms. The unit of Alphabet Inc. promptly filed a lawsuit to fight the move. The CFPB’s finding, …

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