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Virginia Beach cake shop owners plead guilty to money laundering, drug charges
2016-04-05 00:53:43| Paper - Topix.net
Vernon Michael Norvell and his wife, Cheron Johnson, owned G's Cake Shop - Cake for all Occasions in Virginia Beach. Norvell, 43, pleaded guilty to conspiring to distribute cocaine and conspiracy to commit money laundering.
Tesla's cars are only as green as the electricity that charges them
2016-04-03 13:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Morning Herald: Tesla's new electric car is the industry's iPod moment, the start of a revolution that will kill the combustion engine and take the oil industry with it. It's an answer to global warming. It's the most important car the company will make. Apparently. Given that the first of Tesla's Model 3 cars is not due out until next year and the company makes no promises or not until 2018 in Australia, that is some seriously premature hype, backed by Apple-style queues outside its stores said to justify...
UPDATE 2-SEC charges Navistar, ex-CEO with misleading investors
2016-03-31 23:36:57| Automakers - Topix.net
Navistar International Corp agreed to pay a $7.5 million fine to settle U.S. Securities and Exchange Commission charges that it defrauded investors into believing a diesel truck engine it was developing could meet tough federal emissions standards. The SEC also filed a related lawsuit accusing former Navistar Chief Executive Daniel Ustian of leading a "campaign of deception" to defraud investors in 2011 and 2012.
Tags: update
charges
investors
misleading
Anheuser-Busch unit settles warehouse safety charges
2016-03-30 17:53:31| Beverages - Topix.net
The U.S. Department of Labor has settled charges with an Anheuser-Busch Inbev S.A./N.V. unit over workplace safety hazards at a New Jersey warehouse for $150,000. The U.S. Occupational Safety and Health Administration cited Anheuser-Busch Sales of New Jersey L.LC., a wholly owned subsidiary, in December 2014 for numerous safety violations at its Jersey City, New Jersey distribution warehouse, including untrained forklift operators, obstructed exit routes, damaged storage racks and inadequate chemical hazard communication training, according to a news release issued on Tuesday.
Tags: safety
unit
charges
warehouse
Novartis settles Chinese bribery charges with $25M payment
2016-03-24 06:11:32| Biotech - Topix.net
The SEC says Novartis has settled civil charges of committing bribery in China and agreed to pay $25M to the government. Violations happened from 2009 to 2013, the SEC says; Novartis' settlement means that it doesn't admit or deny the charges, and it says the allegations largely predate compliance measures that are now in place.
Tags: chinese
payment
charges
25m
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