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Symantec welcomes USD 500 mln, board member from Silver Lake

2016-02-05 09:25:00| Telecompaper Headlines

(Telecompaper) Symantec has received a USD 500 million investment from Silver Lake, with Ken Hao, a managing partner at the private equity firm, taking a seat on the company's board, the Wall Street Journal reported. With the money, Symantec will buy back more shares, cut costs and push forward on a transformation plan it launched in 2014. It also plans to return USD 5.5 billion in capital to shareholders in the coming year, also using proceeds from the recent sale of its Veritas data-storage and recovery business. Activist hedge fund Elliott Management has aso been amassing a large stake in Symantec, becoming one of its largest shareholders, according to people familiar with the matter.

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Sixteen firms to bid for Uganda oil exploration licence near Lake Edward

2016-02-05 01:00:00| Offshore Technology

The Ugandan Government has granted approval to 16 companies to bid for oil exploration rights for six blocks in an environmentally sensitive area around Lake Edward.

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EPA, DOJ, State Of Utah Reach Agreement With Salt Lake County To Reduce Polluted Runoff And Protect Water Quality

2016-02-04 05:51:30| pollutiononline Home Page

The U.S. Environmental Protection Agency (EPA), the U.S. Department of Justice, and the State of Utah have reached an agreement with Salt Lake County to resolve alleged Clean Water Act violations associated with the county’s stormwater management program.

Tags: state quality water agreement

 

Georgia Power: Wastewater no longer being pumped into lake

2016-01-26 08:17:57| Energy - Topix.net

Georgia Power has stopped pumping wastewater from a lagoon filled with coal ash into a Milledgeville-area lake, a company spokesman said.

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This barren desert was once Bolivia's second-largest lake

2016-01-25 04:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Mashable: Overturned fishing skiffs lie abandoned on the shores of what was once Bolivia's second-largest lake. Beetles dine on bird carcasses and gulls fight for scraps under a glaring sun in what marshes remain. Lake Poopó was officially declared evaporated last month. Hundreds, if not thousands, of people have lost their livelihoods and left the area. High on Bolivia's semi-arid Andean plains at 3,700 meters (more than 12,000 feet) and long subject to climatic whims, the shallow saline lake has essentially...

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