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PG&E and others appeal proposed $1.4 billion punishment of PG&E for San Bruno blast
2014-10-03 12:11:50| Energy - Topix.net
PG&E, two consumer groups, and the city of San Bruno on Thursday all appealed a proposed $1.4 billion penalty against the utility for its role in a fatal 2010 natural gas explosion, and a state public utilities commission member also raised questions about the suggested penalty. The multiple appeals suggest a particularly combative process leading to a final decision by the state Public Utilities Commission about how much of a penalty and fine PG&E should pay in the wake of the explosion, which killed eight and wrecked a quiet San Bruno neighborhood.
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Global connected TV device installed base hits half a billion units in Q2 2014
2014-10-02 21:00:10| Digital TV News
Worldwide ownership of Connected TV Devices (including smart TVs, smart blu-ray players, IP-enabled game consoles and digital media streamers) grew 7 percent quarter-on-quarter in Q2 2014 to reach 500 million units according to Strategy Analytics.
Homeowners Are Expected to Invest More Than $625 Billion in Residential Generation and Storage from 2014 to 2023
2014-10-02 16:28:00| Electrical Construction & Maintenance
Innovations in renewable distributed power generation, along with attractive new financing mechanisms, are providing residential customers with new options to manage their energy use and generate their own power. Content Classification: Curated read more
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Warren Buffet Wins A Battle Against Coca-Cola's Plan To Pay Its Bosses $13 Billion
2014-10-02 12:30:56| Beverages - Topix.net
Coca-Cola has shelved plans to give its top executives up to 340 million shares worth around $13 billion, after investors, including its biggest shareholder Warren Buffet, called the packages "excessive." A Wall Street Journal report details he drinks company has now revised the pay plan and said it will now issue "substantially" fewer shares for long-term equity awards to the top 1% of senior management in favor of cash bonuses and it will also "significantly" reduce the amount of staff receiving stock options.
Two years after fetching $1 billion debt-ridden Grande Cache Coal unloaded for $2
2014-10-02 09:45:51| Grocery - Topix.net
Two Asian firms that paid $1 billion to purchase Calgary-based Grande Cache Coal Corp. in 2011 are unloading most of it for $2 US to a new owner that will assume its debt. Chinese coal producer Up Energy Development Group Ltd. said Wednesday it has entered memorandums of understanding with Hong Kong-based Winsway Enterprises Holdings Ltd. and Tokyo-based Marubeni Corp. to acquire much of their interests in Grande Cache Coal, which produces steelmaking coal for export into Asian markets.
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