contractors News

12 Plead Guilty in South Carolina Check Cashing Scheme

Federal prosecutors in South Carolina announced that 12 people have pleaded guilty to tax fraud and immigration charges in a check-cashing scheme that was used to avoid payroll taxes and workers’ compensation premiums. The plea agreements came after a “multi-year” …

Officials: 2 Killed in Natural Gas Line Explosion in Texas

FARMERSVILLE, Texas (AP) — Two people were killed and three injured in a natural gas pipeline explosion in Texas, officials said. The deadly blast happened around 4 p.m. Monday at an Atmos Energy facility in Collin County near Farmersville, about …

How Your Water Heater Can Be a Secret Weapon in the Climate Change Fight

Nearly every home has a water heater, but people tend not to think about it until the shock of a cold shower signals its failure. To regulators, though, the ubiquitous household appliance is increasingly top of mind for the role …

Fla. and Okla. Courts Uphold Right to Assign Benefits

Appellate courts in Florida and Oklahoma this week upheld the right of policyholders to assign their right to collect benefits from an insurance claim to contractors, reversing trial court rulings in favor of insurers. The Oklahoma Supreme Court on Wednesday …

Advocates Say New Oil Safety Training Redundant

BISMARCK, N.D. — A new program designed to streamline required oilfield safety training in North Dakota has drawn thousands of people, but some say the training is redundant and time-consuming. More than 16,000 people have participated in the One Basin-One …

Sale of Philadelphia Refinery Nears; Foes Vow Long Legal Fight

NEW YORK — Opponents of Philadelphia Energy Solutions’ bankruptcy plan have vowed a long legal fight if a federal court this week approves a sale that would keep the largest East Coast oil refinery permanently shut while paying out bonuses …

Hedge Funds Buy Almost $500 Million in Claims From PG&E Vendors

Bankrupt utility giant PG&E Corp. owes a lot of money to a lot of businesses. A tree-trimming service. A California car dealership. A laundromat. Construction contractors galore. Now, hedge funds including Olympus Peak Asset Management LP and Whitebox Advisors LLC …

NJ Transit Withholds Braking-Project Costs as ‘Trade Secret’

New Jersey Transit is withholding the growing cost of one of its biggest-ever capital projects, an emergency rail-braking system ordered by Congress. In 2017, the so-called positive train control system had a cost of at least $320 million, more than …

Philadelphia Energy Solutions Files for Bankruptcy after Refinery Fire

Philadelphia Energy Solutions (PES) filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a fire last month prompted it to close the largest refinery on the U.S. East …

Texas Brine Houses Contractors in Purchased Sinkhole Homes

Texas Brine Co. has moved contractors working on the Bayou Corne-area sinkhole into three homes the company purchased from residents who left after the failure of a company-operated salt dome cavern. Texas Brine spokesman Sonny Cranch tells The Advocate two …