Tyco executives found guilty

Saturday, June 18, 2005 The former CEO of Tyco International, Dennis Kozlowski, as well as CFO Mark Swartz are convicted of taking more than $600 million from the company. Charges include grand larceny, securities fraud, conspiracy, and falsifying business records. The first trial ended in a mistrial after one juror received a threatening letter....

Rescue attempts continue for Tasmanian miners

Thursday, May 4, 2006 Rescuers are continuing their efforts to reach the trapped miners in the Beaconsfield mine in northern Tasmania. A five tonne borer drilling machine has been secured in place to drill a one metre hole through the remaining 12-16 metres of rock that fell into the main shaft. Since drilling began...

Australian carbon tax plans hit road block

Sunday, April 17, 2011 Australian Prime Minister Julia Gillard’s plans to implement a carbon tax in Australia have hit a roadblock today with the national secretary of the Australian Workers Union Paul Howes demanding that exemptions be made to certain heavy polluting industries including steel production as well as concerns about whether jobs will...

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