June 7, 2013 |
The Nuclear Regulatory Commission on Thursday ordered the owners of nearly a third of all U.S. nuclear reactors to add venting systems to their containment buildings to prevent the pressure-induced explosions that plagued the Fukushima reactors in Japan in 2011. The order pertains to 31 boiling-water reactors, including Exelon Corp.'s Limerick Generating Station, Peach Bottom Atomic Power Station and Oyster Creek Nuclear Generating Station in New Jersey; PPL Corp.'s Susquehanna Steam Generating Station, and PSEG Nuclear's Hope Creek Generating Station.
May 15, 2013 |
The man who created and then lost the vast Cherry Hill-based Commerce Bank network wrapped up his time on the witness stand in federal court in Camden Monday insisting that millions in compensation is being improperly withheld from him. "I want the jury," Vernon Hill testified, "to enforce the terms of my employment agreement. " In January 2008, six months after Hill was ousted as chairman, president, and chief executive at Commerce, he filed a lawsuit asking the bank, which by then had been acquired by TD Bank, to make good on his contract.
May 11, 2013 |
Whether the jury will feel sympathy for Vernon W. Hill 2d, the ousted founder of Commerce Bank, and his legal quest to wrest $17.2 million in golden parachute benefits from the bank remains to be seen. In federal court Thursday, Hill explained why he didn't fight his June 28, 2007, firing from the banking empire that he had built from one storefront in Marlton in 1973. "This was my bank," Hill said in U.S. District Judge Robert B. Kugler's Camden courtroom. "It was obvious to me that the best thing for the bank was for me to leave.
May 10, 2013 |
From the testimony, everyone agreed that former Commerce Bank chairman, president, and chief executive Vernon Hill, ousted in the summer of 2007 from the bank he founded, deserved to receive the "golden parachute" provisions negotiated in his employment contract. Everybody, that is, except the regulators, including the federal Office of the Comptroller of the Currency and the board of governors of the Federal Reserve. The question in court now is whether officials of Commerce Bank, now TD Financial Group, tried hard enough to persuade the regulators.
April 23, 2013 |
Whenever John Aponik cuts the grass, bits of blue tarp get caught in the blades of his lawn mower. Around Christmas, "it gets in all the wreaths," Aponik said of the tarp that has been shredding off the house next door to his on Glen Lane in Cherry Hill, where a renovation project was abandoned four years ago. No one has lived in the house since then, Aponik said, although it isn't exactly vacant. "Raccoons, possums - cats were breeding out there," Aponik said, who has set traps lent to him by a neighbor.
April 13, 2013 |
In Tennessee, welfare benefits may be reduced for families whose children get bad grades in school. The plan, laid out in a bill that has cleared committees in the state's House and Senate, touched off an uproar. Quickly, the legislation was amended to say the money would not be cut if the parents attended parenting classes or got tutors for their children. Still, anger persists about the bill. No such bill exists in Pennsylvania or New Jersey. But 15 cosponsors in the Pennsylvania legislature are backing a bill by State Sen. John Wozniak (D., Cambria)
April 11, 2013 |
Sen. Frank Lautenberg (D., N.J.), plans Wednesday to introduce what he hopes will be signature legislation for his final term in office - a bill aimed at ensuring the safety of the many chemicals that Americans come in contact with every day. The measure would give regulatory officials the authority to evaluate the safety of the flame retardants in couches, the phthalate compounds responsible for the smell of new vinyl shower curtains, the bisphenol...
April 3, 2013
Gov. Christie has signed legislation that bars anyone under 17 from using tanning beds in New Jersey and anyone under 14 from getting a spray tan. The measure signed Monday night allows 17-year-olds to use a tanning salon provided their parent or guardian accompanies them on their first visit and gives their consent. The legislation was developed after a North Jersey mother was charged with child endangerment in April 2012 for allegedly bringing her 5-year-old daughter into a tanning booth.
March 23, 2013 |
HARRISBURG - It wasn't exactly pork-barrel legislation. But at a time when lawmakers are wrestling over whether to privatize state liquor stores after 80 years of discussion, a bill to change the definition of wild animals in Pennsylvania zipped through the Senate in 21/2 weeks - like, some might say, a greased pig. The bill, sponsored by Senate President Joe Scarnati (R., Jefferson), would establish that captive feral swine - those used in hunting preserves - are not wild animals and therefore do not fall under the auspices of the Pennsylvania Game Commission.
March 11, 2013 |
WASHINGTON - Two years after the nuclear crisis in Japan, the top U.S. regulator says American nuclear power plants are safer than ever, though not trouble-free. A watchdog group calls that assessment overly rosy. "The performance is quite good," Nuclear Regulatory Commission chairman Allison Macfarlane said in an interview. All but five of the nation's 104 nuclear reactors were performing at acceptable safety levels at the end of 2012, Macfarlane said, citing a recent NRC report.