I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]
An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.
Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.
Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.
The company responsible for Michigan’s largest oil spill announced this week that it will increase payments to shareholders by 15 percent.
Despite the pipeline rupture that dumped a million gallons of tar sands crude into the Kalamazoo River system over the summer, 2010 was a profitable year for the company.
The Montreal Gazette reports:
Enbridge’s fourth quarter revenue came in at $4.1-billion, above analyst expectations of $3.2-billion.
The company also achieved the upper end of its 2010 guidance by posting a full year earnings per share of $2.66, a 13% increase from 2009.
“I think it is fair to characterize 2010 as the year of accomplishment and also as a year of humility for Enbridge,“ company CEO Pat Daniels said during a call with investors.
Daniels said that the company is “not proud” of the pipeline rupture.
Enbridge has said that it expects that most of the costs of cleaning up the spill will be covered by insurance.
The company is now in the process of renegotiating its insurance coverage and expects that premiums will go up, Enbridge Vice President Guy Jarvis said during the call.
Enbridge also faces lawsuits by Michigan residents who claim the company has failed to compensate them for property damage, business loss and health problems associated with the Michigan spill.
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