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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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FEMA Grants Northern Westchester Hospital $5.4 Million

2015-10-21 08:08:50| Energy - Topix.net

Officials at Northern Westchester Hospital recently got word that the facility is due for a $5.4 million grant from the Federal Emergency Management Agency to upgrade the hospital's electrical power system. Hospital officials say it is the largest grant they've ever received.

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Greatbatch Announces Pricing of $360 Million of 9.125% Senior Notes due 2023

2015-10-20 22:32:15| Electronics - Topix.net

Greatbatch, Inc. today announced that its wholly-owned subsidiary Greatbatch Ltd. had priced its previously announced private offering of $360 million aggregate principal amount of senior notes due 2023 at an issue price of 100%. The notes will have a coupon of 9.125% and will mature on November 1, 2023.

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Former FedEx employees indicted in $1.7 million shipping theft scheme

2015-10-20 19:41:48| Air Courier - Topix.net

According to U.S. Attorney Edward L. Stanton III, all five men were part of a conspiracy to steal wireless mobile devices from AT&T and Verizon throughout 2013 and 2014. The five men accused are Christopher T. Crawford of Memphis, Akeem Gowdy of Memphis, Tavaris Mickens of Memphis, Juan Royal of New York City and Jordan West of New York City.

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Videocon d2h adds 0.2 million net subscribers in 3Q 2015

2015-10-20 18:30:00| Digital TV News

Videocon d2h (NASDAQ: VDTH) has announced results for the quarter ended September 30, 2015. The Company added 0.57 million gross subscribers and 0.20 million net subscribers during the quarter. Net subscribers totaled 10.84 million.

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