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Tag: settlement
TransAlta proposes price-fixing case settlement
2015-10-01 17:19:05| Energy - Topix.net
TransAlta Corporation is offering to pay a $56 million settlement after Alberta's regulator found it deliberately timed outages at power plants at peak times to drive up electricity prices. TransAlta said the proposal includes the repayment of money it made by the activity, legal costs and an administrative penalty.
Tags: case
settlement
proposes
transalta
Dealers: U.S., Fifth Third settlement over lending bias to curb consumer savings
2015-10-01 08:20:11| Auto Dealers - Topix.net
National dealer associations are criticizing the government's settlement with Fifth Third Bancorp over alleged discriminatory auto lending practices, claiming dealers who work with the bank will now be limited in offering consumers competitive interest rates on auto loans. As part of the settlement, Fifth Third agreed to limit dealer reserve to 1.25 percent above its wholesale buy rate on an auto loan.
Tags: consumer
savings
dealers
settlement
Michael Jordan in settlement talks with Jewel over alleged misuse of name
2015-09-30 21:56:07| Grocery - Topix.net
Michael Jordan exits the Dirksen U.S. Courthouse after testifying in his lawsuit against the former Dominick's supermarket chain Aug. 18, 2015, in Chicago. Michael Jordan exits the Dirksen U.S. Courthouse after testifying in his lawsuit against the former Dominick's supermarket chain Aug. 18, 2015, in Chicago.
Tags: name
michael
jordan
talks
Duke Energy, NC agree to $7M settlement over coal ash leaks
2015-09-29 18:31:00| Waste Management - Topix.net
The settlement cuts by more than 70 percent a record $25.1 million fine the state Department of Environmental Quality levied in March for leaks from the ash ponds at the L.V. Sutton Steam Plant near Wilmington. Duke had appealed the fine, claiming that the DEQ had violated its own policies and procedures in assessing it, and the two sides spent much of Monday behind closed doors trying to hammer out a deal before the appeal went before a state administrative law judge.
Tags: energy
agree
settlement
duke
DC settlement talks could salvage Exelon-Pepco merger
2015-09-28 23:57:09| Energy - Topix.net
District of Columbia Mayor Muriel Bowser's administration has entered negotiations with power companies Exelon and Pepco on a settlement that could salvage their proposed merger. District regulators rejected the merger last month, saying it would not benefit ratepayers.
Tags: talks
settlement
merger
salvage
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