May 16, 2013
The cause of the fire that triggered the explosions in a fertilizer plant in Texas last month has been deemed “undetermined,” investigators say. Texas State Fire Marshall Chris Connealy said the scene investigation into what caused the fire in the …
May 7, 2013
While the investigation into the origin and cause of the West Fertilizer Plant fire and explosion in West, Texas, is ongoing, investigators say that ammonium nitrate was detonated in the explosion. However, they don’t know how the explosion was initiated. …
May 2, 2013
An investigation should be finished within the next two weeks into what caused a massive explosion at a Texas fertilizer plant that killed 14 people, state authorities said. Texas State Fire Marshal Chris Connealy told lawmakers during a legislative hearing …
April 15, 2013
The federal government’s workplace safety agency is investigating its Indiana counterpart – a department that documents indicate is trying to boost its inspections without hiring new staffers. The Indianapolis Star, which obtained those documents, reported that they show the Indiana …
September 28, 2012
The UK’s insurance market for auto insurance has been referred to the Competition Commission for investigation. The Office of Fair Trading (OFT), which made the referral, expressed concerns that the structure of the market resulted in excessive costs and that …
August 15, 2012
Standard Chartered Plc agreed to pay $340 million to New York’s bank regulator over transactions linked to Iran, in a speedily arranged deal that helped push up the emerging market-focused lender’s shares. The deal with New York Superintendent of Financial …
August 7, 2012
New York’s top bank regulator threatened to strip Standard Chartered Plc of its state banking license, saying the British bank was a “rogue institution” that hid $250 billion in transactions tied to Iran, in violation of U.S. law. The New …
July 30, 2012
HSBC’s chief executive apologized on Monday for shameful and embarrassing mistakes made on anti-money laundering controls as the bank set aside $2 billion to cover the cost of U.S. investigations and compensate UK customers for mis-selling. Europe’s biggest bank reported …
July 6, 2012
Pilot error, defective sensors, inadequate training and insufficient oversight combined to send an Air France passenger plane plunging into the south Atlantic in 2009 in the airline’s worst disaster, French investigators said on Thursday. The final report on the Rio-Paris …
June 27, 2012
Fort Smith, Ark.-based Baldor Electric Co. has agreed to pay $2 million to settle a discrimination allegation by the U.S. Labor Department, but the company denied bias in its hiring practices. The Labor Department alleged the company blocked nearly 800 …