U.S. Stocks Trade Mixed While Dollar Resumes Slide: Markets Wrap swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.
By Eric Freedman
A federal judge has slapped a Western Pennsylvania copper-processing company with a $550,000 fine for its years-long criminal violations of the Clean Water Act, including illegal discharging of oil into the Ohio River.
U.S. District Judge William Stickman IV also put Hussey Copper on probation for three years.
The company pleaded guilty to charges stemming from violations at its Leetsdale facility that manufactures copper products for electrical distribution and residential and industrial construction markets, according to a press statement from the U.S. Attorney’s Office in Pittsburgh.
The Hussey Copper website proclaims “The Element of Trust” as a company philosophy and describes the company as “stable, responsive and reliable since 1848.”
By Eric Freedman
The U.S. Coast Guard wants to retire its oldest cutter on the Great Lakes, the 57-year-old cutter Buckthorn.
But don’t hold your breath waiting for the replacement of the Sault Ste. Marie-based inland buoy tender because it will take several years.
A new report from the nonpartisan Congressional Research Service says the Coast Guard is waiting for Congress to approve its proposal to replace up to 35 aging cutters, which average 56 years old.
The reason? “Their annual maintenance costs are rising rapidly, they break down frequently and can remain out of operation for periods of 30 to 45 days while being repaired, and they have poor living conditions for their crew members,” the report said.