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United Technologies (UTX) Stock Higher Today After Judge Reverses $657 Million Lawsuit Ruling
2015-04-07 19:12:18| Paper - Topix.net
The original judgement stipulated that the company was liable to pay the U.S. government restitution over what was initially ruled to be misleading statements by the company when it was competing with GE for a government contract to build the engines for the country's F-15 and F-16 fighter jets in 1983. The appellate court ruling reverses a district court's 2013 ruling in the case and sends the proceedings back to that court which originally found United Technologies liable for six years of overcharges.
Tags: today
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United Technologies wins reversal of $657 million award over engine prices
2015-04-07 03:28:53| Paper - Topix.net
United Technologies Corp on Monday won the reversal of a $657 million judgment imposed over decades-old claims accusing its Pratt & Whitney unit of overcharging the federal government on jet engines for the military. The 6th U.S. Circuit Court of Appeals in Cincinnati said the government did not prove damages from false statements allegedly made by Pratt when it competed in 1983 with GE Aircraft for a contract to supply engines for the F-15 and F-16 fighter jets.
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United Kingdom: Police arrest 114 people in pre-emptive strike against environmental protesters
2015-04-05 20:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Police have carried out what is thought to be the biggest pre-emptive raid on environmental campaigners in UK history, arresting 114 people believed to be planning direct action at a coal-fired power station. The arrests - for conspiracy to commit criminal damage and aggravated trespass - come amid growing concern among campaigners about increased police surveillance and groups being infiltrated by informers. Nottinghamshire police said the raid on an independent school in Nottingham was made...
Tags: people
united
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united kingdom
United Kingdom: Law changed so nuclear waste dumps can be forced local communities
2015-04-05 17:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Nuclear waste dumps can be imposed on local communities without their support under a new law rushed through in the final hours of parliament. Under the latest rules, the long search for a place to store Britains stockpile of 50 years worth of the most radioactive waste from power stations, weapons and medical use can be ended by bypassing local planning. Since last week the sites are now officially considered nationally significant infrastructure projects and so will be decided by the...
Tags: local
united
law
kingdom
Navarre native tapped to pastor Bethany United Church of Christ in Cuyahoga Falls
2015-04-05 06:23:10| Food - Topix.net
While he majored in computer science in college, "a call to ministry" near graduation changed the course of Andrew J. Courtney's life and ultimately led him to Cuyahoga Falls. The Rev.
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