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DAILY BRIEFING

April 02, 2009

TVI Corp., a Glenn Dale-based manufacturer of disaster shelters and other emergency equipment, sought protection on Wednesday from creditors under Chapter 11 of the bankruptcy code. The filing came in U.S. Bankruptcy Court in Greenbelt. TVI, which faltered after attempting to diversify by buying a tent-rental company, expects to obtain court-approved financing from BB&T Corp. and to continue operations as usual, chief executive Harley Hughes said.

Jay Hancock

Utilities not compelled to protect wildlife

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WASHINGTON : The Supreme Court ruled Wednesday that the government can weigh costs against benefits in deciding whether to order power plants to undertake environmental upgrades that would protect fish. The court's 6-3 decision is a defeat for environmentalists who had urged the justices to uphold a favorable federal appeals court ruling that could have required an estimated 554 power plants to install technology that relies on recycled water to cool machinery.

Associated Press

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