Monthly Archives: <span>March 2010</span>

House Panel: Toyota May Have Settled Tort Claims to Avoid Releasing Data

A U.S. congressional panel has found evidence Toyota routinely withheld company records it should have turned over in court and settled personal injury cases to avoid revealing key engineering data dubbed the “Books of Knowledge,” the panel’s chairman said Friday. …

Berkshire Net Rises; Buffett Says CEOs Should Pay for Bad Risk Control

Warren Buffett’s Berkshire Hathaway Inc. said fourth-quarter profit surged, helped by derivatives bets tied to global stock markets, though operating profit fell 40 percent as the weakened economy weighed on several businesses. Profit rose for a third quarter, as Berkshire …

Buffett Says He Goofed on Geico Credit Card Idea

Warren Buffett is considered expert in many things in the financial world. Credit cards apparently are not among them. The world’s second-richest person often admits when he gets things wrong. He did so on Saturday in his annual letter to …

Appeals Court Reinstates Lawsuit over Hot Sandwich

It’s been nearly five years since carnival operator Frank Sutton bit into a chicken sandwich at a McDonald’s at a truck stop in Virginia. The legal world is still dealing with the ramifications. In February month, a federal appeals court …

Pittsburgh Area Prepares for Snow-Related Flooding

Emergency management officials say the Pittsburgh region will face major flooding in the coming weeks as record-breaking amounts of snow begin to thaw. Allegheny County Emergency Services Chief Bob Full said at a meeting in Sharpsburg on Friday that “the …

Abacus Expands Online Personal Articles Floater Program with Allianz

Abacus Insurance Brokers, Inc., a Los Angeles-based program manager, has selected Allianz Global Corporate & Specialty to expand its online Personal Articles Floater program nationwide. The program provides monoline inland marine coverage for schedules of jewelry, fine arts, collections, antiques …