Vaping Of Marijuana Among High School Students Climb: Survey

Use of e-cigarettes among high school students increased on an alarmingly high rate in 2019 compared to just a year ago, with rates doubling in the past two years, according to a new study. The annual report, Monitoring the Future, from the University of Michigan’s Institute for Social Research, found that while prescription opioid misuse, tobacco cigarettes smoking and alcohol […]

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U.S. judge approves PG&E deal with California wildfire victims; stock jumps

(Reuters) – A U.S. bankruptcy judge approved on Tuesday PG&E Corp’s $13.5 billion settlement with victims of Californian wildfires, and the company’s stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned. “I don’t think we’ve heard a single person say it’s a bad settlement,” U.S. Bankruptcy Judge Dennis Montali said during a six-hour hearing […]

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California power producer PG&E files amended reorganization plan

(Reuters) – California power producer PG&E Corp (PCG.N) said late on Thursday that it has filed for an amended reorganization plan, adding that it remains on track to getting the plan confirmed before a June 2020 deadline to exit bankruptcy. The development comes less than a week after the company said it reached a $13.5 billion settlement with victims of […]

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PG&E nearing $13.5 billion deal with wildfire victims – BBG

(Reuters) – Bankrupt California power producer PG&E Corp (PCG.N) is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter. Shares of the company rose about 13% to $9.62. The payment will be made half in cash and the rest in stock […]

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Firms should diversify foreign workforce: Chan Chun Sing

Businesses should diversify their foreign workforce and avoid being reliant on manpower from any one place, just as Singapore avoids depending on a single source of revenue or resources, Trade and Industry Minister Chan Chun Sing said yesterday. They should also invest in developing local workers and give them opportunities to upgrade and advance, he added. He was speaking at […]

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PG&E failed to inspect transmission lines that caused deadly 2018 wilfdfire: state probe

(Reuters) – Bankrupt California power producer PG&E Corp (PCG.N) did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has concluded. The Caribou-Palermo transmission line was identified as the cause of the Camp Fire last year, which virtually incinerated the Northern […]

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Tata Steel to cut up to 3,000 jobs in European plants

It plans to lower employment costs with the estimated reduction in employee numbers, about two-thirds of which are expected to be office-based white-collar roles – a majority expected at its Netherlands unit. Tata Steel has confirmed cuts of up to 3,000 jobs across its European operations as part of a wider restructuring and cost-cutting strategy to counter stagnant steel demand […]

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Thousands could be impacted by PG&E's upcoming potential power cuts

(Reuters) – About 180,000 customers in California could find themselves in the dark as Pacific Gas & Electric warned that an upcoming “strong offshore wind event” could prompt the bankrupt power producer to yet again shut off power in some areas. “The forecast remains uncertain, but there is a possibility that the weather could prompt a Public Safety Power Shutoff […]

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