businessregulation
The Securities and Exchange Commission hasslapped $1.5 million in penalties, refunds, and interest on consultant Aon Investments USA Inc. to settle charges the Chicago firm misled the Pennsylvania Public School Employees’ Retirement System (PSERS) about errors that caused an exaggerated profit report for 2011-2020. The miscalculation was a subject of two federal investigations. It also figured in aboardroom fight over the agency’s investments that led to the 2021 retirement or resignation of top PSERS executives and a multibillion-dollar reallocation away from private investments by its govern...
The Philadelphia Inquirer
CHARLOTTE, N.C. — Nine days after a 12-year-old camper at Trails Carolina was found dead, state regulators have ordered a North Carolina wilderness therapy program to stop taking new admissions — and to put measures in place immediately to keep children safe. In a letter dated Monday to Trails Carolina Executive Director Jeremy Whitworth, two top officials with the state Department of Health and Human Services said the program must require that at least one staff member to remain awake while children in the program are asleep. The letter also states that staff who were in the cabin where the b...
The Charlotte Observer
In a significant move aimed at reducing some of the most harmful types of air pollution in the country, the U.S. Environmental Protection Agency on Wednesday set tougher standards for fine particulate matter, or soot, saying they would save thousands of lives nationwide. Several Bay Area counties — Santa Clara, Alameda, and Contra Costa — are expected to be out of compliance under the new rules, including large parts of the Central Valley and Southern California. The new national standards, which were endorsed by health and environmental groups and criticized by the oil, manufacturing and othe...
The Mercury News
The California Department of Education found that the Rocklin Unified School District violated state education code when it passed a parental notification policy in September, according to a letter the CDE wrote to the district on Feb. 1. The policy passed on Sept. 6, 2023 with four out of five votes after hours of protests and public comment. It requires all school staff and teachers to inform a student’s parents if a student requests to go by a different gender pronoun or name, or use facilities that do not align with their biological sex. According to the CDE letter, written last Thursday, ...
The Sacramento Bee
PHILADELPHIA — For some officials whose rural counties are teeming with tourists and second-home buyers, the report seemed flat-out wrong. Others, in more far-flung reaches of the state, saw the Center for Rural Pennsylvania’s population loss predictions as a sober reality. They’ve witnessed it firsthand. “It’s like watching a trainwreck in slow motion,” said Mark Critz, the Pennsylvania Department of Agriculture’s western regional director. “This is not a new issue. We have been losing population in rural areas for 30 years. If they are not losing population, they are staying stagnant.” Critz...
The Philadelphia Inquirer
After seven years working as a dialysis technician, Romer Tamayo was still earning less than $25 an hour last October when Gov. Gavin Newsom signed a minimum wage law for health care workers. The Brentwood father of two was excited by the wage hikes promised in Senate Bill 525. During his tenure at a Fresenius dialysis center, Tamayo’s pay had never increased by more than a dollar in a single year. He now earns $22.68, up from $18 when he was hired. Under SB 525, Tamayo would receive two annual dollar pay bumps in a row. The measure spells out what dialysis workers should expect — an hourly mi...
The Sacramento Bee
JEFFERSON CITY, Mo. — A company that has been at the center of a controversy of what should be done with waste from Missouri meat processing facilities has reached a settlement with environmental regulators. Arkansas-based Denali Water Solutions issued a statement Wednesday saying it has inked a deal with the Missouri Department of Natural Resources to stop spreading meatpacking sludge on farmland. "Denali has agreed to begin pumping and hauling the food processing residuals stored in the basins to a Missouri wastewater treatment plant or to outlets out of state," the statement noted. The comp...
St. Louis Post-Dispatch
SACRAMENTO, Calif. — The California Public Utilities Commission approved a $45 million fine Thursday against Pacific Gas & Electric Co. for the Dixie fire, the second-largest wildfire in state history, which scorched nearly 1 million acres in 2021 and gutted more than 1,300 structures. The utility caused the 963,000-acre fire after a Douglas Fir tree fell on its power lines, sparking flames across five Northern California counties, according to Cal Fire. PG&E has settled civil lawsuits brought by multiple Sacramento Valley district attorneys for $55 million to avoid prosecution in both the Dix...
The Sacramento Bee
The fuselage panel that blew off an Alaska Airlines jet earlier this month was removed for repair then reinstalled improperly by Boeing mechanics on the Renton, Washington, final assembly line, a person familiar with the details of the work told The Seattle Times. If verified by the National Transportation Safety Board investigation, this would leave Boeing primarily at fault for the accident, rather than its supplier Spirit AeroSystems, which originally installed the panel into the 737 Max 9 fuselage in Wichita, Kansas. That panel, a door plug used to seal a hole in the fuselage sometimes use...
The Seattle Times
PHILADELPHIA — Temple University has joined other colleges facing a federal probe over its handling of antisemitism complaints on campus. The U.S. Department of Education’s Office of Civil Rights this week included the North Philadelphia university on its list of open investigations for discrimination allegations over failure to handle complaints about antisemitism and Islamophobia. The department did not specifically say what it was investigating Temple for, but the editor-in-chief of Campus Reform, an Arlington, Va.-based national conservative news website focused on higher education, had fi...
The Philadelphia Inquirer
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