Lawsuit Poor information about pipeline led to fatal blast

ATLANTA — A federal lawsuit accuses a pipeline company of failing to tell work crews where a major U.S. pipeline was underground before they ruptured the line, touching off a deadly explosion.The workers were trying to make repairs after the pipeline leaked gasoline in Alabama and was shut down in 2016, threatening U.S. gasoline supplies.The estate of Anthony Willingham, an Alabama worker who died in the blast, this week filed a federal lawsuit against Georgia-based Colonial Pipeline Co. and a partner company.The lawsuit says Willingham and others weren’t given adequate information about the depth and location of the pipeline before they dug into the ground to make repairs. It also says Colonial’s project inspector failed to appear at the site.Colonial didn’t immediately respond to requests for comment Friday.The Associated Press read more

Loonie up amid hopes for central bank action strong US factory orders

Loonie up amid hopes for central bank action, strong U.S. factory orders AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by News Staff Posted Jul 3, 2012 4:25 pm MDT TORONTO – The Canadian dollar closed higher Tuesday, supported by strong gains in commodity prices as traders looked to central banks to take action to keep the fragile global economic recovery on track.Prices for oil and metals also ran ahead following a strong report on U.S. factory orders.The loonie rose 0.55 of a cent to 98.77 cents US from the close on Friday before the Canada Day holiday.The U.S. Commerce Department said factory orders increased 0.7 per cent in May after two consecutive months of declines. Core capital goods, such as machinery and computers, rose 2.1 per cent. That’s better than the 1.6 per cent estimated in a preliminary report a week ago and is a good measure of companies’ plans to invest.However, manufacturing has slowed so far this year, hurt by declining consumer and business confidence and weaker global demand.Some analysts expect the European Central Bank to cut lending rates by 0.25 of a point later this week and the Bank of England to boost money in circulation. There are also hopes that Japan and China will announce new stimulus measures.Hopes for central bank action helped push the August crude contract on the New York Mercantile Exchange up $3.91 to US$87.66 a barrel.But the rise also reflected worries about Iran after the country staged further missile tests Monday, a day after U.S. and European embargoes of Iranian oil took effect. Iran also again threatened to block a critical Persian Gulf shipping route in response to the embargo.The August crude contract on the New York Mercantile Exchange ran ahead $3.91 to US$87.66 a barrel.Copper futures jumped seven cents to US$3.54 a pound while bullion gained $24.10 to US$1,621.80 an ounce. read more