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Environmental Groups Appeal $225 Million Exxon Settlement

2015-09-14 20:13:15| Chemicals - Topix.net

Four environmental groups want an appeals court to let them intervene in New Jersey Gov. Chris Christie's $225 million settlement with Exxon Mobil over contaminated sites across the state. Under law, about $50 million will go toward site cleanup.

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Navistar Defense Wins $369 Million US Army Contract

2015-09-14 16:27:21| Automakers - Topix.net

Navistar Defense, a unit of truck maker Navistar International Corp., said it won a $369-million contract from the U.S. Army Contracting Command to build 2,293 medium tactical vehicles for the Afghanistan National Security Force. Under the contract, Navistar Defense will provide general troop transport vehicles, water and fuel tankers, ammunition trucks, and wreckers as well as a number of trucks with armored cabs.

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United Kingdom: Government admits renewables cut could mean 63 million tonnes more CO2

2015-09-14 08:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: On Thursday the UK Government published an Impact Assessment on its plans for the early closure of the Renewables Obligation to onshore wind, a policy which will have a disproportionate impact on Scotland. Early closure of support for onshore wind may only save 30p on annual electricity bill. Published as part of a suite of documents for the new Energy Bill, the Impact Assessment counts the costs and benefits of the early closure of the Renewables Obligation, despite government still not having...

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Judge orders RBC to pay $45 million in housing crash suit

2015-09-14 05:41:18| Real Estate - Topix.net

A federal bankruptcy judge ordered a division of the Royal Bank of Canada this week to pay about $45 million in damages for undervaluing assets it seized from a now-defunct real estate firm in the 2007 housing collapse that fueled the recession. Judge George L. Russell found that RBC Capital Markets LLC extended credit to Thornburg Mortgage Inc. in 2007 based on a bid for the company's mortgage-backed securities that was lower than RBC's internal valuation when it had declared Thornburg in default several days earlier.

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Ritchey to address 1 Million Cups forum on Wednesday

2015-09-14 02:15:40| Auto Dealers - Topix.net

Former Daytona Beach Mayor Glenn Ritchey, the CEO of Jon Hall Chevrolet and several other area auto dealerships, will be the featured speaker at this week's 1 Million Cups entrepreneurs forum in downtown Daytona Beach.

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