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FTA agrees to fund Sacramento RT for Blue Line extension in the US

2013-01-09 01:00:00| Railway Technology

The US Federal Transit Administration (FTA) has agreed to allocate $135m to the Sacramento Regional Transit District (RT) to extend the existing Blue Line to Cosumnes River College in Sacramento County, California, US.

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Bumi agrees to shareholder vote

2013-01-08 07:49:56| BBC News | Business | UK Edition

Coal miner Bumi is facing a fresh battle for control as it agrees to a shareholder vote to decide the future of majority of its board members.

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Google agrees to change practices to resolve FTC concerns

2013-01-04 08:41:00| Telecompaper Headlines

(Telecompaper) Google has agreed to change some of its business practices to resolve Federal Trade Commission concerns that those practices could stifle competition in the markets for popular devices such as smartphones, tablets and gaming consoles, as well as the market for online search advertising. Under a settlement reached with the FTC, Google will meet its prior commitments to allow competitors access to patents on critical standardised technologies needed to make smartphones, laptop and tablet computers and gaming consoles. In a separate letter to the Commission, Google has agreed to give online advertisers more flexibility to simultaneously manage ad campaigns on Google's AdWords platform and on rival ad platforms and to refrain from misappropriating online content from so-called "vertical" websites that focus on specific categories such as shopping or travel for use in its own vertical offerings.

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Transocean Agrees To Plead Guilty To Environmental Crime And Enter Civil Settlement To Resolve U.S. Clean Water Act Penalty Claims From Deepwater Horizon Incident

2013-01-04 08:28:28| oilandgasonline News Articles

Transocean Deepwater Inc. has agreed to plead guilty to violating the Clean Water Act (CWA) and to pay a total of $1.4 billion in civil and criminal fines and penalties, for its conduct in relation to the Deepwater Horizon disaster, the Department of Justice announced recently. The criminal information, and a proposed partial civil consent decree to resolve the U.S. government’s civil penalty claims against Transocean Deepwater Inc. and related entities were filed today in U.S. District Court in the Eastern District of Louisiana.

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VIDEO: Transocean agrees oil spill fine

2013-01-04 06:13:59| BBC News | Business | UK Edition

Transocean, which owned the Deepwater Horizon oil rig, has agreed to a settlement with the US government.

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