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EU Charges Russia's Gazprom Gas Giant with Market Abuse

April 22, 2015 5:36 pm | by Raf Casert, Associate Press | News | Comments

The European Union on charged Russian state energy giant Gazprom of abusing its dominant position in central and eastern EU nations in an antitrust case that will further test tense relations between Brussels and Moscow.  EU Competition Commissioner Margrethe Vestager said Gazprom is strong-arming customer nations where it sometimes almost fully controls the gas market, by setting unfair pricing and contract restrictions.

Expert: Tale of Worker Asleep in Cargo Hold is a Warning

April 16, 2015 11:35 am | by Manuel Valdes and David Koenig, Associated Press | News | Comments

The misadventure of a baggage handler who fell asleep in the cargo hold of a jetliner should be...

Investigators Warn Airplane Computers Could be Hacked

April 16, 2015 11:25 am | by Anne Flaherty, Associated Press | News | Comments

The finding by the Government Accountability Office presents chilling new scenarios for...

Unseasonable Rain Causes Heartache for Many Indian Farmers

April 16, 2015 11:20 am | by Biswajeet Banerjee, Associated Press | News | Comments

April is usually a time of celebration for millions of farmers across northern India. The winter...

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Weekly news and features for business continuity professionals

Companies Need Resources to Stay Up and Running

April 9, 2015 11:44 am | by Joe Shust, Editor | Blogs | Comments

Resource management is something that businesses of all shapes and sizes must deal with on some level almost every day.  Regardless of industry, access to resources is among the most critical things in keeping your business running.  While it may fall to other areas of the organization, BC pros should still have a hand in, or at least be informed about, how their company manages resources.

California Regulator Suggests Utility is Too Big to be Safe

April 9, 2015 11:36 am | by Ellen Knickmeyer, Associated Press | News | Comments

California Public Utilities Commission President Michael Picker said he would ask the commission's staff to study "the culture of safety" and the structure of Pacific Gas & Electric Co., which has its gas and electricity operations under a single corporate board and chief executive.

Pemex Begins to Restore Production at Fire-Damaged Platform

April 7, 2015 10:21 am | by Katherine Corcoran, Associated Press | News | Comments

Mexico's state-run oil company continues to search for three missing workers from a platform fireball that killed four others, while beginning to restore production at the damaged Gulf of Mexico facility, officials said.  The cause of the accident is still under investigation.

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Truck Explodes after Attempted Gasoline Theft

April 1, 2015 1:11 pm | by Christopher Sherman, Associated Press | News | Comments

The death toll in a gasoline tanker truck explosion in southeastern Mexico rose to 14 , the result of an attempted theft of fuel in an area that authorities say has a long reputation for roadside thefts.  Gasoline theft has been a persistent problem in Mexico, but siphoning directly from pipelines has received the most attention.

Vendor Management Critical to Supply Chain Continuity

March 24, 2015 12:08 pm | by Joe Shust, Editor | Articles | Comments

Maintaining supply chain operations, especially across state and international borders, can be a major challenge for organizations.  Part of what makes supply chain continuity such a challenge is the reliance on and management of vendors.

Companies Turn to Automation to Prevent Down Time

March 19, 2015 10:25 am | by Joe Shust, Editor | Articles | Comments

Managing critical equipment and avoiding unplanned down time is key for any organization to remain profitable and conduct business effectively.  Some larger companies, like GE, are turning to data based solutions to help keep their own infrastructure, as well as that of their customers, running smoothly.

Judge Dismisses Class Action Suit Against Exxon Mobil

March 19, 2015 8:49 am | by Associated Press | News | Comments

A federal class-action lawsuit against Exxon Mobil Corporation over a 2013 crude oil spill in central Arkansas has been dismissed by a federal judge, who acknowledged in his ruling that his decision seems unfair. U.S. District Judge Brian Miller on dismissed the lawsuit with prejudice, meaning it cannot be refiled.

Keeping Supply Chain Operations Running Critical for Any Business

March 5, 2015 10:43 am | by Joe Shust, Editor | Articles | Comments

Global organizations rely on their supply chains to deliver products and services to their customers in a timely and efficient manner.  While these complex chains are critical to day-to-day operations, their complexity leaves them open to a wide range of problems, which can result in serious down time.  

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Government Mulling New Oil Train Car Regulations

March 2, 2015 4:15 pm | by Joan Lowy, Associated Press | News | Comments

 Fiery wrecks of trains hauling crude oil have intensified pressure on the Obama administration to approve tougher standards for railroads and tank cars despite industry complaints that it could cost billions and slow freight deliveries.

Speaker's Soapbox: Nadav Davidai of Control Risks and Emily Lord of RX Response

February 26, 2015 9:49 am | by Joe Shust, Editor | Articles | Comments

Nadav Davidai of Control Risks and Emily Lord of RX Response will present "Including Your Supply Chain Partners in Large-Scale Exercise Simulations."  Their presentation will focus on working with multiple partners to organize exercise that align with the objectives of everyone involved.

Federal Study Reveals Grim Projections on Train Derailments

February 23, 2015 4:12 pm | by Matthew Brown and Josh Funk, Associated Press | News | Comments

The federal government predicts that trains hauling crude oil or ethanol will derail an average of 10 times a year over the next two decades, causing more than $4 billion in damage and possibly killing hundreds of people if an accident happens in a densely populated part of the U.S. 

BC Pros Should be Aware of Emerging Issues

February 18, 2015 3:41 pm | by Joe Shust, Editor | Articles | Comments

The 2015 Continuity Insights Management Conference will feature several presentations from companies representing various industries that will focus on emerging issues.  Presenters will cover a wide range of topics that many BC pros will likely be faced with soon if they haven’t been working on them already.

Bankruptcy Judge Calls for Meeting in Freedom Industries Case

February 17, 2015 11:18 am | by Associated Press | News | Comments

 A federal bankruptcy judge is calling for parties to meet to discuss how to conclude the case of Freedom Industries, whose January 2014 chemical spill caused a tap-water ban for 300,000 people for days.  A potential insurance settlement could pay for projects that benefit the affected residents, like additional water testing or health studies.

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New Mexico, U.S. Energy Department Continue to Spar Over $54 Million in Fines

February 12, 2015 10:12 am | by Susan Montoya Bryan, Associated Press | News | Comments

 New Mexico's top environment officials and the U.S. Energy Department are wrangling over more than $54 million in fines levied in the wake of a radiological leak at the federal government's underground nuclear waste repository.  Because negotiations with the federal government are ongoing, officials said the total penalties that could be assessed remains unclear.

Japan may Require Workers to Take Vacation Days

February 9, 2015 4:26 pm | by Yuri Kageyama, Associated Press | News | Comments

Legislation that will be submitted during the parliamentary session that began Jan. 26 aims to ensure workers get the rest they need. In a break with past practice, it will become the legal responsibility of employers to ensure workers take their holidays.  Japan has been studying such legislation for years.

Petrobras CEO, Five Others to Step Down Amid Scandal

February 5, 2015 10:34 am | by Associated Press | News | Comments

Embattled Brazilian oil company Petrobras said the company's chief executive officer and five other top figures stepped down amid a long-running and massive kickback scandal at the firm.  None of the top officials are facing charges of wrongdoing, but prosecutors have said the investigation is still in its early stages.

Thinking About Business Continuity After Super Bowl XLIX

February 3, 2015 11:40 am | by Joe Shust, Editor | Blogs | Comments

The game is one of the United States’ most high profile events of the year.  More than 70 thousand people attended the game itself, and millions more watched as home.  It could also make for an interesting business continuity case study, as dozens of BC topics are at play.

European Union, Polish Leaders Discuss Energy Plan

February 3, 2015 11:22 am | by Associated Press | News | Comments

The European Union energy commissioner and Polish leaders discussed plans for an EU energy union aimed at greater security at a time of troubled ties with major gas supplier Russia.  Poland, dependent on Russia for some 60 percent of its gas, is urging greater EU energy security through steps like joint gas purchases, sharing of resources and lesser dependence on imports.

China's Slowing Economy Beginning to Impact Others

January 21, 2015 4:13 pm | by Kelvin Chan and Paul Wiseman, AP Business Writers | News | Comments

The global economy, slowed by stagnation in Europe and Japan, is being further hampered by China's decelerating growth.  The Chinese economy grew 7.4 percent in 2014, its weakest performance in nearly a quarter-century. And its growth is forecast to slow even more over the next two years.

Hong Kong Protests Hurting Burberry's Bottom Line

January 16, 2015 10:13 am | by Associated Press | News | Comments

Luxury goods maker Burberry is reporting falling sales in Asia because pro-democracy protests in Hong Kong disrupted trade during China's crucial "Golden Week" national holiday.  Comparable sales were up 8 percent overall but in the Asia-Pacific region, the company delivered low single-digit percentage growth.

FBI Affidavit Says Former Freedom Industries President Lied About Role in Chemical Spill

December 11, 2014 4:14 pm | by Associated Press | News | Comments

In bankruptcy court hearings and meetings, former Freedom Industries President Gary Southern repeatedly said he had little to do with the company before it was sold a few weeks prior to the January chemical spill. But an FBI affidavit said Southern had overseen day-to-day operations at the chemical storage company, hired employees and executed contracts for several years, according to a complaint.

Lack of Indictment in Ferguson Leads to More Protests

December 2, 2014 9:19 am | by Associated Press | News | Comments

Protesters turned out in several U.S. cities on one of the busiest shopping days of the year, Black Friday, in response to a grand jury's decision not to indict the police officer who fatally shot 18-year-old Michael Brown in Ferguson, Missouri.

Supply Chain-wide Exercises are Key to Business Continuity

November 11, 2014 10:38 am | by Emily Lord, RX Response | Blogs | Comments

Emily Lord, Director of Operations for RX Response discusses supply chain resilience, the importance of staging exercises for organizations and the results and lessons learned from a nationwide digital exercise the group ran earlier this year.

Belgian Workers Protest Free-Market Reforms

November 7, 2014 9:09 am | by Associated Press | News | Comments

One of Belgium's biggest postwar labor demonstrations brought about 100,000 workers to the capital on Thursday to protest government free-market reforms and austerity measures that they claim undermine Belgium's vaunted welfare state.    

Initiative Will Attempt to Promote Trade, Investment in Ebola Stricken Nations

November 7, 2014 9:04 am | by Associated Press | News | Comments

The International Finance Corporation announced that the package will include $250 million in rapid response projects and at least $200 million in investment projects to support the economic recovery of Liberia, Sierra Leone and Guinea after the Ebola outbreak is controlled.

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