Property, Tourism & Transportation
Takata, the Japanese auto parts maker, will pay a $1 billion fine to the U.S. government after pleading guilty to hiding information about the likelihood that the company’s car air bags could accidentally explode. Takata air bags have been linked to at least 17 deaths around the world.
The United Automobile Workers union wielded its most potent weapon against General Motors yesterday, sending 73,000 workers to picket lines in its first national strike at G.M. since 1970.
G4S and Serco - two private security contractors - have just been awarded multi-million pound contracts by the UK Borders Authority to provide housing to asylum seekers, edging out charities for the work. Activists are protesting, saying that G4S has a history of abusing immigrants and providing poor quality housing.
The proposed Washington County Growth and Conservation Act would sell up to 40 square miles of federal land and use the proceeds to finance a multimillion-dollar water pipeline and other local projects. Utah Republican Sen. Robert F. Bennett and Democratic Rep. Jim Matheson are expected to introduce the bill in coming weeks. Waiting in the wings are nearly a dozen similar bills for counties in Utah, Idaho, Nevada and New Mexico where population pressure is fueling the demand for more developable land.
Today about 40% of all the fuel that Brazilians pump into their vehicles is ethanol, known here as alcohol, compared with about 3% in the United States. No other nation is using ethanol on such a vast scale. The change wasn't easy or cheap. But 30 years later, Brazil is reaping the return on its investment in energy security while the U.S. writes checks for $50-a-barrel foreign oil.
Globally, Toyota is known for its innovation and quality of products like the Prius hybrid. A closer look at operations in Japan, the Philippines, Myanmar and the U.S. reveals a story of extreme working conditions, union-busting and other corporate abuses. In Japan and elsewhere, workers are speaking out.
Spain will inject emergency capital into the country's biggest ailing bank, Bankia, as it puts into place reforms to allow loss-making banks to receive eurozone bailout money.
Preserving resources for energy and environmental reasons took the forefront at Wednesday's Green Trends conference at the Chelsea Center in Sarasota. As more people move to Manatee and Sarasota counties, and demand for resources grows, conservation techniques are very important to the area's future.