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Security Interest Error Leaves JPMorgan Chase Vulnerable to Class-Action

2015-08-05 03:08:18| Automakers - Topix.net

Summary : Members of the term loan given to General Motors by JPMorgan Chase Bank are suing for gross negligence and breach of contract after an error was discovered in the original documents. A lawsuit has been filed against JPMorgan Chase & Co and their lawyers at Simpson Thacher & Bartlett LLP over the security interest on the $1.5 billion term loan the bank gave to General Motors Corp .

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BER Test System includes built-in error counters.

2015-07-31 14:31:04| Industrial Newsroom - All News for Today

With PAM-4 data format support and built-in error counters, M8000 Series helps engineers characterize and test high-speed digital receivers for data-center networking, storage, and computer industries. Solution consists of AXIe-based BERT and arbitrary waveform generator modules that are controlled from common user interface software. Users can generate PAM-4 patterns up to 32 Gbaud symbol rate and up to 4 channels with M8195A arbitrary waveform generator, and NRZ patterns with J-BERT M8020A.

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Investigators: 2014 Derailment Caused by Human Error

2015-07-29 07:17:25| Railroads - Topix.net

A Federal Railroad Administration accident report says the Norfolk Southern Corp. freight train's dynamic brakes were adjusted too rapidly. The train was carrying automobiles and fingernail polish when 16 cars derailed in Wytheville on July 14, 2014.

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Braking error led to spaceship crash

2015-07-28 17:56:05| BBC News | Business | UK Edition

Investigators say a fatal Virgin Galactic spaceship crash last year was caused by structural failure after the co-pilot unlocked a braking system early.

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Pope Francis climate error

2015-06-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: AMONG environmental activists, the international market for carbon credits is often compared to the medieval sale of indulgences. Pope Francis presides over the Roman Catholic church, the institution that created the market for indulgences, so you might expect him to be more sympathetic on this issue. And yet his recent encyclical Laudato Si, while forcefully urging action to combat climate change, specifically criticizes the sale of carbon credits. The pope claims that the environment cannot...

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