November 11, 2011 |
As Americans — including even young children — continue to get fatter, their risk for heart disease is climbing too. So a panel of experts now is recommending that all kids have their cholesterol checked at least once between ages 9 and 11 and again between 17 and 21. Although children typically don't have heart attacks and strokes, evidence has been mounting for years that the roots of those diseases begin early in life, and the rising rates...
October 8, 2011 |
Top administrators and investment managers at the California Public Employees' Retirement System were awarded $4.5 million in bonuses, averaging 41% of their base salaries for the year that ended June 30. The bonuses ranged from a high of 73% of the $240,000 salary of the senior portfolio manager for fixed income to a low of 14% of the $358,280 salary for the senior investment officer in charge of risk management. The fixed income securities manager, Tom McDonagh, also got the largest bonus measured in total dollars, $212,064, which was pro-rated to cover 14.5 months in the position.
September 15, 2011 |
BP and the two other companies drilling the exploratory Macondo oil well in the Gulf of Mexico all violated federal safety regulations leading up to last year's oil spill, a federal investigation concluded in findings that could be crucial for a Justice Department investigation and numerous lawsuits surrounding the disaster. The report pinned much of the blame on oil giant BP, which was "ultimately responsible" for operations and safety on the rig. But the joint inquiry by the Coast Guard and the Bureau of Ocean Energy Management, Regulation and Enforcement was critical of BP's drilling contractors,Transocean and Halliburton.
November 17, 2010 |
Failure to manage the risks of a complex well and to learn from an earlier narrowly missed disaster contributed significantly to the Deepwater Horizon disaster in the Gulf of Mexico, a panel investigating the BP oil spill said Wednesday. "Numerous decisions" to continue operations despite repeated warnings of problems "suggest an insufficient consideration of risk and a lack of operating discipline," according to a report issued by a committee at the National Academy of Engineering/National Research Council, which was convened at the request of Interior Secretary Ken Salazar.
February 17, 2010 |
Physicians who want to prescribe Amgen Inc.'s anti-anemia drugs for cancer patients will have to register and undergo special training under a risk-management plan unveiled Tuesday by the Food and Drug Administration. Amgen also will require physicians to collect signed statements from patients attesting that they have been informed about the dangers of the drugs. Studies have shown that the drugs can cause tumors to grow faster and shorten the lives of some cancer patients. They may also increase risk of heart failure, blood clots and stroke.
CALIFORNIA | LOCAL
January 8, 2008 |
Los Angeles' approach to potential lawsuits is "reactionary and knee-jerk," often wasting taxpayer money in costly settlements and court judgments that could have been avoided, City Controller Laura Chick said Monday. Chick said the city paid $35 million in legal settlements in 2006, a figure she believes was driven up by a disorganized system in which each city department handles risk-management duties independently.