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Stericycle agrees to record $2.3 million fine that will be halved if company moves to Tooele County

2014-12-01 21:16:12| Waste Management - Topix.net

After more than a year of negotiations with state environmental regulators, Stericycle Inc. has agreed to a $2.3 million fine to resolve allegations that its North Salt Lake medical waste incinerator violated emission limits and rigged a stack test so that results would seem less than really were. The Division of Air Quality would waive half the record-setting fine if the Illinois-based waste processor successfully relocates its Utah operations to a remote Tooele County location on the western shore of the Great Salt Lake within three years of securing permits to construct and operate a new incinerator.

Tags: to company record fine

 

Panel agrees that FM will play central role in looming energy crisis

2014-11-28 15:43:00| BIFM News

A discussion panel of energy thought leaders agreed that FM professionals will play a crucial role in the evolving energy debate but warned that knowledge and skill levels will need to increase if this is to happen.

Tags: play central role energy

 
 

NII Holdings agrees debt-for-equity swap

2014-11-25 09:12:00| Telecompaper Headlines

(Telecompaper) NII Holdings has reached a restructuring agreement with its major creditors. After filing for chapter 11 protection in the September, the mobile operator and twelve of its wholly-owned subsidiaries have now reached an agreement with their major stakeholders, including their two largest creditors and the official committee of unsecured creditors. The reorganization plan will strengthen the company's balance sheet by converting USD 4.35 billion of unsecured notes into equity interests in the reorganized company; enhance the company's liquidity by providing USD 500 million of new capital through a fully backstopped USD 250 million rights offering available to holders of the company's senior notes and an additional USD 250 million of exit financing in the form of debt; and implement a global settlement of all claims related to certain complex intercompany and inter-creditor disputes. CEO Steve Shindler said the plan provides "a path for the company to emerge from bankruptcy in a healthy financial position to effectively compete in the wireless marketplace". The plan remains subject to court approval before its implementation. 

Tags: holdings agrees nii swap

 

T-Mobile Agrees to Provide Customers More Information About Data Speeds

2014-11-25 03:44:30| Wireless - Topix.net

Mobile has reached an agreement with the Federal Communications Commission to give consumers more information about their Internet speeds - especially when they're subject to throttling because they've reached their high-speed data limits. The "uncarrier" said it would send customers timely text messages when they approach their monthly high-speed data allotment, and again when they exceed the cap.

Tags: information data provide customers

 

UK Government agrees to fund for Valley Lines electrification

2014-11-25 01:00:00| Railway Technology

The UK and Welsh Governments have agreed on funding for the electrification of Valley Lines and the 850m modernisation of the Swansea - London mainline by 2018.

Tags: government lines valley fund

 

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