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UPS agrees to pay $4 million in delivery practices settlement

2015-10-21 17:45:57| Trucking - Topix.net

A $4 million dollar multistate settlement with United Parcel Service, Inc., the world's largest package delivery company, resolving allegations that its employees violated the false claims acts of 14 states, Chicago, New York City, and the District of Columbia by overcharging governmental customers on certain transactions, Florida Attorney General Pam Bondi said Wednesday. The lawsuit alleged that certain UPS employees recorded inaccurate delivery times on packages sent by governmental customers through next-day delivery services, resulting in premium-priced packages that appeared to have been delivered by their guaranteed commitment times when they had not been timely delivered.

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Emanuel Agrees to Limit Chicago Trash Pickup Fee Increases

2015-10-20 21:03:00| Waste Age

Chicago Tribune Mayor Rahm Emanuel has agreed to temporarily limit increases to the controversial new trash pickup fee he wants to charge Chicago households as he tries to build broader support for his bad-news budget. read more

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Credit Agricole agrees $800m US penalty

2015-10-20 10:09:16| BBC News | Business | UK Edition

French bank Credit Agricole is understood to have agreed to pay $800m (516m) to settle charges it broke US sanctions in Iran and other countries.

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Infosys agrees to acquire US energy consultant Noah Consulting for $70m

2015-10-20 01:00:00| Hydrocarbons Technology

IT major Infosys has signed an agreement to acquire US-based energy consultant Noah Consulting in a transaction worth about $70m.

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Bankruptcy court agrees Quiksilver final financing

2015-10-19 11:26:00| Daily apparel & textile news and comment - from just-style.com

Struggling surfwear business Quiksilver has had its final financing package fully approved by the bankruptcy court, allowing it to continue operating in the US and abroad.

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