Thursday - October 24, 2024
News Tipoffs - Wisconsin Editors Newsletter for Saturday September 14, 2024 ( 9 items )  

Department of Transportation Announces $802 Million to Repair Roads and Bridges Damaged by Natural Disasters and Extreme Weather Events
WASHINGTON, Sept. 13 -- The U.S. Department of Transportation Federal Highway Administration issued the following news release: "Americans are dealing with the impacts of more and more extreme weather caused by climate change--affecting their lives and our infrastructure," said U.S. Transportation Secretary Pete Buttigieg. "With these funds, the Biden-Harris Administration is helping communities rebuild key transportation links and make them more resilient for the future." FHWA's Emergency Rel  more

Fed: Interconnectedness in the Corporate Bond Market
WASHINGTON, Sept. 14 (TNSres) -- The Federal Reserve issued the following white paper (No. 2024-066) in April 2024, entitled "Interconnectedness in the Corporate Bond Market". The report is written by Celso Brunetti, Matthew Carl, Jacob Gerszten, Chiara Scotti and Chaehee Shin. * * * Abstract: Does interconnectedness improve market quality? Yes. We develop an alternative network structure, the assets network: assets are connected if they are held by the same investors. We use several large d  more

Gov. Evers, PSC Announce Award of $27.8 Million Under Digital Connectivity and Navigators Program
MADISON, Wisconsin, Sept. 14 -- Gov. Tony Evers, D-Wisconsin, issued the following news release on Sept. 13, 2024: Gov. Tony Evers, together with Public Service Commission (PSC) Chairperson Summer Strand, announced today that the PSC awarded more than $27.8 million in funding from the Digital Connectivity and Navigators Program to fund 11 projects throughout Wisconsin that will improve internet connectivity by providing access to devices, technology, and digital navigators. Through the 11 proj  more

Iowa Agriculture Dept.: Secretary Naig Announces Availability of Crop Insurance Discount Program
DES MOINES, Iowa, Sept. 13 -- Iowa Secretary of Agriculture Mike Naig issued the following news on Sept. 11, 2024: * * * Farmers and landowners who plant fall cover crops can earn $5 per acre discount on spring crop insurance premiums * * * Iowa Secretary of Agriculture Mike Naig announced today that the Iowa Department of Agriculture and Land Stewardship will once again offer its Crop Insurance Discount Program for acres that are planted with cover crops. Farmers and landowners who plant co  more

Labor Dept.: Federal Safety Inspection Finds Sun Prairie Contractor Again Failed to Protect Workers From Potentially Deadly Hazards at Home Sites
WASHINGTON, Sept. 14 -- The U.S. Department of Labor Occupational Safety and Health Administration issued the following news release: * * * GL Construction of Madison employee suffered fatal injuries in 2021 * * * VERONA, WI - A suburban Madison contractor with a history of federal safety failures - including violations that led to an employee's fatal injuries in 2022 - has again been found exposing workers to the construction industry's most deadly hazard -- falls from elevation -- during   more

Mass. U.S. Attorney: Massachusetts Business Owner Indicted for Over $18 Million Paycheck Protection Program Fraud
BOSTON, Massachusetts, Sept. 14 -- The office of the U.S. Attorney for the District of Massachusetts issued the following news release: A Carlisle man has been indicted by a federal grand jury for allegedly submitting fraudulent Paycheck Protection Program (PPP) loan applications on behalf of multiple companies he owns and controls. Durgaprasad Rao, 65, was charged with four counts of wire fraud and three counts of money laundering. In May 2024, Rao was arrested and charge by criminal complai  more

NASAA Installs New President and Board Officers at 2024 Fall Annual Meeting
MADISON, Wisconsin, Sept. 10 -- The Wisconsin Department of Financial Institutions issued the following news release: VANCOUVER, B.C. - (September 10, 2024) - The North American Securities Administrators Association (NASAA) has announced that Leslie Van Buskirk, Administrator, Division of Securities, Wisconsin Department of Financial Institutions, became NASAA's President today during the 2024 NASAA Fall Annual Meeting held in Vancouver, British Columbia. Van Buskirk was elected as President-e  more

Wis. U.S. Attorney: Cudahy Man Sentenced to 15 Years' Imprisonment on Gun and Drug Charges
MILWAUKEE, Wisconsin, Sept. 14 -- The office of the U.S. Attorney for the Eastern District of Wisconsin issued the following news release: United States Attorney Gregory J. Haanstad of the Eastern District of Wisconsin announced on September 12, 2024, Michael J. Yumang (age: 39), of Cudahy, Wisconsin, was sentenced to 15 years' imprisonment, followed by five years of supervised release. After a bench trial in June 2024 before United States District Judge J.P. Stadtmueller, Yumang was convicted  more

Wis. Workforce Development Dept.: Governor's Council on Workforce Investment Launches Data Dashboard
MADISON, Wisconsin, Sept. 14 -- The Wisconsin Department of Workforce Development issued the following news release on Sept. 13, 2024: The Wisconsin Department of Workforce Development today announced that the Governor's Council on Workforce Investment (CWI) has launched a new CWI Dashboard, an online data tool to measure the success of the state's workforce programs that support workers and employers. The dashboard will serve as a rich information resource for council members, workforce syste  more