Paint companies could hand taxpayers the bill for hazardous lead paint cleanup under proposed California ballot measure

[Source: Los Angeles Times] A proposed November statewide ballot measure could allow three of the nation’s biggest paint companies to hand California taxpayers a bill for the cost of cleaning up health hazards caused by lead paint. The measure would place a $2-billion bond on the November ballot to fund the remediation of lead paint, Read More…

Is shipping the next financial crisis?

[Source: Port Technology] The Hanjin Shipping collapse rocked the shipping industry; the seventh largest shipping company operating at the time filing for receivership and leaving its vessels abandoned across the globe was potentially a warning sign for things to come for other industry actors. It was reported by Port Technology that Hanjin Shipping was having Read More…