Tag Archives: million

PG&E ex-CEO receives $2.5 million in severance as company announces plans for bankruptcy

PG&E ex-CEO receives $  2.5 million in severance as company announces plans for bankruptcyThe ex-PG&E CEO resigned Sunday ahead of the utility's impending bankruptcy due to potential liability for its role in recent California wildfires.



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Massive US teachers' strike affects half million pupils

Massive US teachers' strike affects half million pupilsMore than 30,000 public school teachers in Los Angeles walked off the job on Monday to press their demands for better pay, smaller class sizes and more educators. The strike — the first in 30 years — is affecting some 500,000 students in the nation’s second largest school district, with intense negotiations in past weeks failing to lead to a breakthrough. “Here we are on a rainy day in the richest country in the world, in the richest state in the country, in a state that’s blue (Democrat) as it can be — and in a city rife with millionaires — where teachers have to go on strike to get the basics for our students,” Alex Caputo-Pearl, the head of the United Teachers Los Angeles union, told a news conference.



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GoFundMe refunds more than $20 million of donations after campaign to pay for border wall fails

GoFundMe refunds more than $  20 million of donations after campaign to pay for border wall failsThe crowdfunding platform GoFundMe said more than $ 20 million (£15.5 million) in donations were slated to be refunded after a campaign to raise $ 1 billion for the Trump administration to build a wall on the border with Mexico fell well short of its goal. The fundraising campaign, which began last month, had gone viral as President Donald Trump’s attempt to get Congress to pay for the wall fuelled a heated political dispute and resulted in a partial shutdown of the federal government. More than 325,000 donors had pledged in the GoFundMe campaign that the organiser, a veteran from Florida named Brian Kolfage, said would have been used for Mr Trump’s border wall.



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Flu is widespread in US with 7.3 million people sick, but experts see a milder season

Flu is widespread in US with 7.3 million people sick, but experts see a milder seasonAs many as 7.3 million people have been sick with the flu since the season began in October, with between 69,000 and 84,000 people hospitalized for treatment, the Centers for Disease Control and Prevention reported Friday.



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Fiat Chrysler agrees to $800 million U.S. diesel-emissions settlement

Fiat Chrysler agrees to $  800 million U.S. diesel-emissions settlementFiat Chrysler Automobiles NV has agreed to a settlement worth about $ 800 million to resolve claims from the U.S. Justice Department and state of California that it used illegal software that produced false results on diesel-emissions tests, but still faces an ongoing criminal probe. The hefty penalty is the latest fallout from the U.S. government’s stepped-up enforcement of vehicle emissions rules after Volkswagen AG admitted in September 2015 to intentionally evading emissions rules. The Fiat Chrysler settlement includes $ 311 million in total civil penalties to U.S. and California regulators, up to $ 280 million to resolve claims from diesel owners, and extended warranties worth $ 105 million.



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$20 million donated to viral border wall GoFundMe set to be refunded

$  20 million donated to viral border wall GoFundMe set to be refundedThe $ 20 million that has been donated to a GoFundMe page to help fund President Donald Trump's wall along the southern border is going to be refunded.



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Toyota recalls 1.7 million more vehicles for risk of shrapnel from exploding airbags

Toyota recalls 1.7 million more vehicles for risk of shrapnel from exploding airbagsToyota announced the recall of 1.7 million North American vehicles, a part of the ongoing recall involving potentially deadly passenger airbags.



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Ford recalls nearly 1 million vehicles for risk of shrapnel from exploding Takata airbags

Ford recalls nearly 1 million vehicles for risk of shrapnel from exploding Takata airbagsFord Motor Co. issued a recall of nearly 1 million cars in North America with a risk of flying shrapnel caused by exploding Takata airbag inflators.



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Tuna sells for record $3 million in auction at Tokyo's new fish market

Tuna sells for record $  3 million in auction at Tokyo's new fish marketThe 613 pound fish caught off the coast of northern Japan's Aomori prefecture was bought by the owner of a Japanese sushi restaurant chain.



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Record $3.1 million paid in New Year's tuna auction at Japan's new market

Record $  3.1 million paid in New Year's tuna auction at Japan's new marketA Japanese sushi entrepreneur paid a record $ 3.1 million for a giant tuna Saturday as Tokyo’s new fish market, which replaced the world-famous Tsukiji late last year, held its first pre-dawn New Year’s auction. Bidding stopped at a whopping 333.6 million yen for the enormous 278-kilogramme (612-pound) fish — an endangered species — that was caught off Japan’s northern coast. Self-styled “Tuna King” Kiyoshi Kimura paid the top price, which doubled the previous record of 155 million yen also paid by him in 2013.



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