British online grocer Ocado said a huge blaze which destroyed its major distribution center in Andover, southern England, was caused by an electrical fault in a battery that caused a robot to catch fire. Shares in Ocado fell as much …
Serious flooding began on Sunday in parts of northern Mozambique that were hit by Cyclone Kenneth three days ago, with waters waist-high in areas, after the government urged many people to immediately seek higher ground. Hundreds of thousands of people …
European shareholder activism has suffered a painfully public humiliation. The lesson for investors is clear: Pick your battles. Paris-based investment fund CIAM wanted to split the chairman and CEO roles at French reinsurer SCOR SE, which has been run for …
Facebook Inc. is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. It has been just over …
Americans must assume more responsibility for protecting themselves from the rising toll of natural disasters, the head of the Federal Emergency Management Agency warned. “Most people think, ‘I see it on TV, it’ll never happen to me — I’m not …
The Insurance Institute for Highway Safety says in a new report that safer restraint systems are needed for the back seats of cars. The study finds that rear-seat safety has not kept pace with front-seat safety and it has been …
A bipartisan group of Florida Cabinet members and state lawmakers is demanding that U.S. lawmakers pass a disaster-relief package for Hurricane Michael victims. Chief Financial Officer Jimmy Patronis, Attorney General Ashley Moody, Agriculture Commissioner Nikki Fried and lawmakers said Thursday …
Cobbs Allen of Birmingham, Ala., has added Chris Jacks to the Teneo Cobbs Allen team. Jacks comes with years of experience as a property and casualty underwriter, as well as actuarial knowledge. Most recently, Jacks served as CEO of Jacks …
With three more tornadoes confirmed Friday from an April 18 outbreak, the National Weather Service now says 43 tornadoes hit Mississippi that day, and 75 for the year. The one-day amount alone equals Mississippi’s annual average of 43 tornadoes during …
Texting while driving would become a primary traffic offense along with talking on a handheld cellphone in school and construction zones under a bill passed by the Florida Senate. The Senate’s 33-5 vote on Thursday made changes to a House …
