SC business notebook

February 21, 2013 

Miyo’s agrees to pay more than $44,000 in back wages

A Columbia restaurant chain has agreed to pay thousands of dollars in back wages as part of a federal investigation. The U.S. Department of Labor said Thursday that the Miyo’s restaurant chain has agreed to pay 97 employees a total of more than $44,000. Federal authorities say the company was in violation of overtime, minimum wage and record-keeping provisions at all seven of its locations. Investigators said restaurant employees often worked more than 40 hours a week without any overtime pay. Authorities also say Miyo’s didn’t keep accurate records of employees’ work hours and wages. Company officials didn’t immediately return a message. Since 2009, federal officials say they have investigated more than 300 South Carolina restaurants, recovering more than $2.5 million in back wages.

Nuclear plant’s sirens fixed after outage

Sirens have been repaired at a nuclear power plant near Seneca after a 24-hour outage. The Greenville News reports that the alert system at the Oconee Nuclear Station was fixed Wednesday. The U.S. Nuclear Regulatory Commission says officials discovered during a regular weekly test Tuesday that all 65 sirens at the station weren’t working. Duke Energy spokeswoman Sandra Magee says a problem with the station’s computer system caused the outage. The sirens warn residents within a 10-mile radius of problems at the nuclear plant. Oconee and Pickens counties’ off-duty emergency personnel also drive through affected areas and warn people via loudspeaker.

Banks give homeowners $19 billion in mortgage relief

Five of the biggest U.S. banks have cut struggling homeowners’ mortgage balances by $19 billion, part of a total $45.8 billion in relief provided under a landmark settlement over foreclosure abuses. More than 550,000 borrowers received some form of mortgage relief between March 1 and Dec. 31, 2012, according to a report issued Thursday by Joseph Smith, the monitor of the settlement. That translates to about $82,668 per homeowner, according to the report, which is based on the banks’ own accounts of their progress. The report says $19.5 billion of the $45.8 billion in relief was in the form of short sales, in which lenders agree to accept less than what the seller owes on the mortgage.

United Airlines cuts Boeing 787 from flight plans until June

United Airlines cut the grounded Boeing 787 from its flying plans at least until June and postponed its new Denver-to-Tokyo flights on Thursday, as airlines continued to tear up their schedules while the plane is out of service. Investigators are still trying to figure out what caused a battery fire in one plane and forced the emergency landing of another plane last month. The world’s 50 787s – some of which were made in North Charleston – have been grounded since Jan. 16. A United spokeswoman said the plane could still fly earlier than June 5 if a fix is found.

The Associated Press contributed.

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