Tuesday - May 7, 2024
Federal Tipoffs Involving New York Newsletter for Sunday October 25, 2020 ( 23 items )  

'Blackjacks' Test MV-22s on LPD-Class Ship
PATUXENT RIVER, Maryland, Oct. 20 -- The Naval Air Warfare Center Weapons Division, an organization within the U.S. Naval Air Systems Command, issued the following news release: A team of pilots and engineers from Air Test and Evaluation Squadron (HX) 21 recently joined colleagues from other Navy and Marine Corps commands to conduct MV-22 Osprey landing and ship compatibility tests aboard the amphibious transport dock USS New York (LPD 21). The testing also included the first shipboard landings  more

Acting N.Y. U.S. Attorney: Head of Merchant Bank Pleads Guilty in Connection With Multimillion-Dollar Securities Fraud Scheme
NEW YORK, Oct. 23 -- The Acting U.S. Attorney for the Southern District of New York, Audrey Strauss, issued the following news release on Oct. 22: Audrey Strauss, the Acting United States Attorney for the Southern District of New York, announced today that CRAIG ZABALA, the chairman, chief executive officer, and president of Concorde Group Holdings Inc. ("Holdings"), pled guilty before U.S. District Judge J. Paul Oetken to conspiracy to commit securities fraud and wire fraud stemming from a sch  more

BLS: Employment in Hawaii Down 18.4 Percent From September 2019 to September 2020
WASHINGTON, Oct. 24 -- The U.S. Department of Labor's Bureau of Labor Statistics issued the following article from Economics Daily: Over the year, nonfarm payroll employment decreased significantly in 48 states and the District of Columbia and was essentially unchanged in 2 states. The largest percentage declines occurred in Hawaii (-18.4 percent), New York (-11.2 percent), and Michigan and Vermont (-9.6 percent each). Chart: Change in nonfarm employment by state, September 2019 to September 2  more

Conduent to Pay $77,500 to Settle EEOC Disability Discrimination Lawsuit
NEW YORK, Oct. 21 -- The Equal Employment Opportunity Commission issued the following news release on Oct. 20: Conduent Business Services, LLC, a technology-based business services company headquartered in Florham Park, N.J., will pay $77,500 and provide other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The EEOC's lawsuit charged that Conduent violated federal anti-discrimination law   more

Court of International Trade Issues Opinion and Order in Husteel Case
NEW YORK, Oct. 20 -- The U.S. Court of International Trade issued the following slip opinion and order (Court No. 19-00107): HUSTEEL CO., LTD., Plaintiff, and SEAH STEEL CORPORATION, HYUNDAI STEEL COMPANY, and NEXTEEL CO., LTD., Consolidated Plaintiffs, v. UNITED STATES, Defendant, and WHEATLAND TUBE COMPANY, Defendant-Intervenor. Before: Jennifer Choe-Groves, Judge OPINION AND ORDER [Sustaining in part and remanding in part the U.S. Department of Commerce's final results in the 2016-2017   more

Court of International Trade Issues Opinion in Canadian Solar Case
NEW YORK, Oct. 20 -- The U.S. Court of International Trade issued the following slip opinion (Court No. 18-00184): CANADIAN SOLAR INC., ET AL. Plaintiffs, SUMEC HARDWARE & TOOLS CO., LTD., Consolidated Plaintiff, and CHANGZHOU TRINA SOLAR ENERGY CO., LTD. ET AL., Consolidated Plaintiffs, v. UNITED STATES, Defendant, SOLARWORLD AMERICAS, INC., Defendant-Intervenors. Before: Jane A. Restani, Judge OPINION [Commerce's Remand Results in the Fourth Administrative Review of the countervailing du  more

Court of International Trade Issues Opinion in Saha Thai Steel Pipe Case
NEW YORK, Oct. 21 -- The U.S. Court of International Trade issued the following slip opinion and order (Court No. 19-00208): SAHA THAI STEEL PIPE PUBLIC COMPANY LIMITED, Plaintiff, v. UNITED STATES, Defendant, and WHEATLAND TUBE COMPANY, INDEPENDENCE TUBE CORPORATION, and SOUTHLAND TUBE, INCORPORATED, Defendant-Intervenors. Before: Jennifer Choe-Groves, Judge OPINION AND ORDER [Remanding the U.S. Department of Commerce's remand redetermination in the 2017-2018 administrative review of the   more

Court of International Trade Issues Opinion in SGS Sports Case
NEW YORK, Oct. 23 -- The U.S. Court of International Trade issued the following slip opinion (Court No. 18-00128): SGS SPORTS INC., Plaintiff, v. UNITED STATES, Defendant, Before: Jennifer Choe-Groves, Judge ORDER GRANTING PLAINTIFF'S MOTION FOR REHEARING Upon consideration of Plaintiff SGS Sports Inc.'s Motion For Rehearing, ECF No. 41, Sept. 8, 2020 ("Plaintiff's Motion"), and all other papers and proceedings in this action, it is hereby ORDERED that Plaintiff's Motion is granted; and i  more

DEA Announces 19th National Prescription Drug Take Back Day
NEW YORK, Oct. 20 -- The U.S. Department of Justice's Drug Enforcement Administration's New York field office issued the following news release: DEA is holding its 19th National Prescription Drug Take Back Day on Saturday, Oct. 24 at locations across the country. The nationwide event aims to provide a safe, convenient, and responsible means of disposing of prescription drugs, while also educating the general public about the potential for abuse of medications. Rates of prescription drug abuse   more

EPA Awards Environmental Justice Grant to Hope Program, Inc., Bronx, New York
NEW YORK, Oct. 24 -- The Environmental Protection Agency issued the following news release on Oct. 22: Today, the U.S. Environmental Protection Agency (EPA) announced an award of $119,995 in an Environmental Justice Collaborative Problem-Solving (EJCPS) Cooperative Agreement to Hope Program, Inc. located in the Bronx, New York. The EPA funding will support work to reduce air pollution and to assist individuals in preparing for permanent job placement. Today's agreement is one of 18 community-ba  more

Federal Reserve Bank of New York Issues Beige Book for Oct. 21, 2020
WASHINGTON, Oct. 23 -- The Federal Reserve Bank of New York issued the following Beige Book for Oct. 21, 2020: Summary of Economic Activity Economic activity in the Second District economy grew slightly in the latest reporting period, as the pace of re-opening has been gradual and the virus spread has remained subdued across most of the District. Employment has been steady overall, with some industries adding jobs but others reducing headcounts. Input prices continued to rise moderately, while  more

Federal Reserve's Corporate Credit Facilities: Why, How, and for Whom
NEW YORK, Oct. 21 -- The Federal Reserve Bank of New York issued the following remarks on Oct. 20 by Executive Vice President Daleep Singh at the U.S. Chamber of Commerce's Center for Capital Markets Competitiveness: * * * As all of you know, in March the Federal Reserve--with backing from the U.S. Treasury--created a set of facilities to purchase corporate credit for the first time in its history. Many observers have credited the facilities with repairing market functioning in the corporate b  more

N.Y. Acting U.S. Attorney: Goldman Sachs Resolves Foreign Bribery Case and Agrees to Pay Over $2.9 Billion
BROOKLYN, New York, Oct. 23 -- The Acting U.S. Attorney for the Eastern District of New York, Seth D. DuCharme, issued the following news release on Oct. 22: The Goldman Sachs Group, Inc. (Goldman Sachs or the Company), a global financial institution headquartered in New York, New York, and Goldman Sachs (Malaysia) Sdn. Bhd. (GS Malaysia), its Malaysian subsidiary, have admitted to conspiring to violate the Foreign Corrupt Practices Act (FCPA) in connection with a scheme to pay over one billion  more

N.Y. Fed: Treasury Market Liquidity and Early Lessons From Pandemic Shock
NEW YORK, Oct. 24 -- The Federal Reserve Bank of New York issued the following remarks on Oct. 23 by Executive Vice President Lorie K. Logan at the Brookings-Chicago Booth Task Force on Financial Stability: * * * Good morning, and thank you to the Brookings Institution-Chicago Booth Task Force on Financial Stability for convening this discussion on such a critical topic. This has been a year marked by tremendous human suffering related to the pandemic and unprecedented challenges for the globa  more

N.Y. U.S. Attorney: $3.8M Coming to Western District of New York to Address Substance Abuse, Mental Health Issues
BUFFALO, New York, Oct. 20 -- The U.S. Attorney for the Western District of New York, James P. Kennedy Jr., issued the following news release on Oct. 19: U.S. Attorney James P. Kennedy, Jr. announced today that the Department of Justice, Office of Justice Programs, has awarded five grants totaling $3,817,765 to Erie and Monroe Counties, The Seneca Nation of Indians, and the City of Buffalo, to address substance abuse and mental health issues in the community. Erie County will receive $1,200,0  more

New York Fed Launches Search for New First Vice President
NEW YORK, Oct. 21 -- The Federal Reserve Bank of New York issued the following news release on Oct. 20: The Federal Reserve Bank of New York today announced the search for a new first vice president and chief operating officer, following the retirement of Michael Strine. The New York Fed's first vice president and chief operating officer serves as the Bank's second-ranking officer--reporting to the Bank's president and chief executive officer--a member of its Executive Committee, and an altern  more

New York Fed Revises Master Loan, Security Agreement
NEW YORK, Oct. 23 -- The Federal Reserve Bank of New York issued the following news release: The Federal Reserve Bank of New York has released a revised Master Loan and Security Agreement (MLSA) and updated Frequently Asked Questions (FAQs). The MLSA sets forth the requirements and obligations of TALF borrowers and TALF Agents. The changes will be effective as of November 5, 2020. The TALF was established to increase credit availability and support economic activity by facilitating issuance o  more

New York Fed Selects Additional Firms to Broaden Its Counterparty Base for Agency CMBS and CPFF
NEW YORK, Oct. 20 -- The Federal Reserve Bank of New York issued the following news release on Oct. 19: The Federal Reserve Bank of New York today announced the selection of additional counterparties to support, as applicable, agency commercial mortgage backed securities (agency CMBS) purchases and the Commercial Paper Funding Facility (CPFF). By widening the eligibility criteria for counterparties and agents for these market operations and 13(3) facilities, the New York Fed is furthering its c  more

New York Fed Selects Additional Firms to Broaden Its Counterparty Base for CPFF and SMCCF
NEW YORK, Oct. 24 -- The Federal Reserve Bank of New York issued the following news release on Oct. 23: The Federal Reserve Bank of New York today announced the selection of additional counterparties to support, as applicable, the Commercial Paper Funding Facility (CPFF) and the Secondary Market Corporate Credit Facility (SMCCF). By widening the eligibility criteria for counterparties and agents for these 13(3) facilities, the New York Fed is furthering its commitment to support diversity, incl  more

NRC Issues Event Notification 54941 for Roswell Park Cancer Institute in Buffalo
WASHINGTON, Oct. 20 -- The Nuclear Regulatory Commission issued the following event notification (No. 54941) involving Roswell Park Cancer Institute, Buffalo: AGREEMENT STATE REPORT - MISSING IODINE-125 SEED The following information was received via facsimile: "On April 29, 2020, the Department [New York State Department of Health, Bureau of Environmental Radiation Protection] was notified of a missing I-125 localization seed (Best Medical International, Inc., Model 2301, Activity: 220 micro  more

SEC Commissioner Peirce Issues Statement on Order Approving Wireless Fee Schedule Setting Forth Available Wireless Bandwidth Connections
WASHINGTON, Oct. 17 -- The Securities and Exchange Commission issued the following statement by Commissioner Hester M. Peirce on an order approving a wireless fee schedule setting forth available wireless bandwidth connections and wireless market data connections: "The New York Stock Exchange and four affiliated exchanges applied for approval pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 ("Exchange Act" or "Act")/[1] and Rule 19b-4 thereunder/[2] of fees that they charge f  more

Target Corp. to Correct Exit, Storage Hazards, Enhance Safety at 200 Northeast U.S. Stores in Labor Settlement
NEW YORK, Oct. 20 -- The U.S. Department of Labor issued the following news release: The U.S. Department of Labor has executed a region wide corporate settlement agreement with Target Corp. to correct exit access and storage hazards and enhance worker safety at about 200 of the retailer's stores in Connecticut, Massachusetts, New Jersey and New York. Between May and December 2019, the department's Occupational Safety and Health Administration (OSHA) cited eight Target locations in Connecticut,  more

U.S. Merchant Marine Academy: Dr. Ping Furlan Honored by the New York Section of the American Chemical Society
KINGS POINT, New York, Oct. 21 -- The Maritime Administration's U.S. Merchant Marine Academy issued the following news release: Dr. Ping Furlan, Professor of Math and Science at the United States Merchant Marine Academy, is the recipient of the American Chemical Society's New York Section 2020 Outstanding Service Award. The purpose of the award, according to Ruben Savizky, the 2020 Chair of the New York Section, is to "recognize the efforts of members of the New York Section who provide their t  more