- Dollar General Corp (NYSE: DG) was penalized $245,544 by the Occupational Safety and Health Administration (OSHA), a federal regulator under the Department of Labor, for violating workplace safety regulations and exposing workers to dangerous safety hazards, including blocked emergency exit routes and electrical panels.
- OSHA inspected a Dollar General store in Pennsylvania in November. It is one of more than 180 investigations where the regulatory body has found the company jeopardizing worker safety, generating $15 million in penalties since 2017.
- The company was reportedly in settlement talks with federal regulators after being accused of violating workplace safety rules.
- The discount retailer, which made $37.84 billion in sales in fiscal 2022, is not likely to be majorly impacted by the latest penalty fine, CNBC reported.
- The report cited a Dollar General spokesperson who said the company regularly reviews its safety programs through training and ongoing communication.
- Price Action: DG shares are trading flat at $211.85 on the last check Monday.
What’s Going On With United Airlines Shares
United Airlines Holdings Inc (NASDAQ: UAL) shares are trading higher by 2.45% to $36.98 during Tuesday's trading session in anticipation of the company's third-quarter earnings report, confirmed for today's after-hours session.