News published on Federal Newswire in August 2010

News from August 2010


News Release: WASHINGTON – Bridges McRae, a former officer with the Memphis Police Department (MPD), pleaded guilty today in federal court to a felony civil rights charge related to the use of excessive force, the Justice Department announced today.


News Release: WASHINGTON – A jury in U.S. District Court in Newark, N.J., has returned a guilty verdict against Stephen A. Favato, a resident of Point Pleasant Beach, N.J., and a partner in BDO Seidman LLP’s Woodbridge, N.J., office, the Justice Department and the Internal Revenue Service (IRS) announced today. The ...


News Release: WASHINGTON – The United States has sued two Cobb County, Ga., tax preparers, seeking to put them out of business, the Justice Department announced today. The civil injunction suit, filed in U.S. District Court for the Northern District of Georgia, seeks to permanently bar Christopher Musyoki and Samuel Nganga from preparing federal returns for others. The complaint also names Musyoki’s tax preparation business, Simba Consultants Inc.


News Release: WASHINGTON — A Brooklyn, N.Y., grand jury returned an indictment today against two former executives of Asiana Airlines, Inc. (Asiana) for participating in a conspiracy to fix economy class airfares paid by passengers for travel from the United States to the Republic of Korea, the Department of Justice announced today.


News Release: WASHINGTON – Robert Morris of Crystal Springs, Miss., was sentenced today to 35 years in prison for production, distribution, receipt and possession of child pornography, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division, U.S. Attorney for the Southern District of Mississippi ...


Written agreement with First Bancshares

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and between First Bancshares, Inc., of Cold Spring, Cold Spring, Minnesota, a registered bank holding company, and the Federal Reserve Bank of Minneapolis.


Written agreement with Guaranty Development Company and American Bank

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among Guaranty Development Company, Livingston, Montana, a registered bank holding company, and its subsidiary bank, American Bank, Bozeman, Montana, a state-chartered member bank, the Federal Reserve Bank of Minneapolis, and the Montana Division of Banking and Financial Institutions.


Written agreement with CSRA Bank Corp.

News Release: The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among CSRA Bank Corp., Wrens, Georgia, a registered bank holding company, the Federal Reserve Bank of Atlanta, and the Banking Commissioner of the State of Georgia.


Federal Reserve to sponsor neighborhood stabilization summit

News Release: The Federal Reserve System will sponsor a national summit on September 1 and 2 to discuss methods and resources for encouraging neighborhood stabilization in the aftermath of the U.S. home mortgage foreclosure crisis. The forum will showcase findings from Federal Reserve research and policy efforts, including the release of the publication REO and Vacant Properties: Strategies for Neighborhood Stabilization.


News Release: New proposals would help ensure a level playing field for U.S. companies U.S. Commerce Secretary Gary Locke today announced proposed measures – especially focused on illegal import practices from non-market economies - that will strengthen trade enforcement and help keep U.S companies competitive. These steps support President Obama’s National Export Initiative (NEI), which aims to double exports in the next five years and support the creation of several million new jobs.


US Department of Labor recovers more than $433,000 in back wages for Walt Disney World employees

News Release: ORLANDO, Fla. — The U.S. Department of Labor's Wage and Hour Division has recovered $433,819 in back wages owed to 69 employees of Walt Disney Parks and Resorts U.S. in Orlando, Fla. The company agreed to make the payments following an investigation that uncovered violations of the Fair Labor Standards Act.


US Labor Department reaches $6 billion in benefits paid under the Energy Employees Occupational Illness Compensation Program Act

News Release: WASHINGTON — The U.S. Department of Labor today announced that it has paid more than $6 billion in compensation and medical benefits to more than 61,400 claimants nationwide under the Energy Employees Occupational Illness Compensation Program Act. This milestone coincides with the 9th anniversary of the Labor Department's administration of the EEOICPA, which assists employees who became ill as a result of working in the nuclear weapons industry.


ETA Press Release: Unemployment Insurance Weekly Claims    Report

News Release: SEASONALLY ADJUSTED DATA In the week ending Aug. 21, the advance figure for seasonally adjusted initial claims was 473,000, a decrease of 31,000 from the previous week's revised figure of 504,000. The 4-week moving average was 486,750, an increase of 3,250 from the previous week's revised average of 483,500.


US Department of Labor announces $1,352,000 grant to assist workers in Iowa affected by manufacturing industry layoffs

News Release: WASHINGTON – The U.S. Department of Labor today announced a $1,352,776 grant to assist about 450 workers affected by layoffs at Electrolux in Jefferson and Webster City, Iowa and three of its suppliers in Ames and Webster City, Iowa.


US Department of Labor announces Notice of Proposed Rule Making addressing goals and requirements of YouthBuild program

News Release: WASHINGTON – The U.S. Department of Labor's Employment and Training Administration today announced a Notice of Proposed Rule Making regarding the department's YouthBuild program. The YouthBuild Transfer Act was signed into law in September 2006, transferring the administration of the YouthBuild program ...


U.S. Department of Labor publishes agenda for September 14-15 joint hearing on lifetime income options for retirement plans

News Release: Washington — Today the U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) released the agenda for the upcoming joint hearing with the Department of the Treasury on lifetime income options for retirement plans. Accompanying the agenda are copies of the witnesses’ requests to ...


U.S. Labor Department sues Tampa Bay, Florida, construction contractor to recover 401(k) savings plan losses

News Release: Tampa, Florida – The U.S. Department of Labor is suing Angell Contracting and Construction Inc., Creative Carpentry Inc., Angell Restoration Services and the owner of the three companies, Chad Angell, to require the defendants to restore losses to the companies’ 401(k) savings plan.


The US Energy Department published a two page notice on Aug. 26, according to the U.S. Government Publishing Office.


The US Energy Department published a two page notice on Aug. 26, according to the U.S. Government Publishing Office.


The US Energy Department published a one page notice on Aug. 26, according to the U.S. Government Publishing Office.