Monthly Archives: <span>August 2019</span>

Waste from Chinese-Owned Nickel Plant Spills into Papua New Guinea Bay

Waste from a nickel plant in Papua New Guinea owned by Metallurgical Corporation of China spilled into the adjacent Basamuk Bay over the weekend, three sources told Reuters on Wednesday. Locals noticed red discharge clouding parts of the bay that …

More Tesla Solar Panel Claims Emerge; 2 Home Insurers Allege Negligence

One evening last year, David Burek noticed charred wood and a burning smell in his attic, near his young sons’ bedroom. He climbed a ladder and saw a melted connector wire from the solar panels installed on the roof of …

Porsche Expands Its ‘Flexible Ownership’ Subscription That Includes Insurance

Porsche is expanding its app-based subscription service to four new cities in the U.S. and Canada, deepening its experiment in flexible car ownership even as other automakers back away. The luxury sports-car brand of Volkswagen AG is adding Las Vegas, …

U.K. Prime Minister Rolls the Dice on City of London’s Future: Opinion

Not long after Britain voted to leave the European Union, the City of London’s chiefs grudgingly began hammering out plans for the worst: that Britain might eventually abandon the EU’s single market. Now the future is suddenly looking even more …

New Swedbank CEO, Hired from Folksam, Criticized for Ties to Scandal-Hit Bank

Sweden’s biggest shareholder group has criticized Swedbank AB’s choice of chief executive officer, arguing the board opted for an insider who failed to stop the bank sinking into a Baltic money-laundering scandal when he had the chance. Jens Henriksson will …

U.K. Prime Minister Johnson Forces Brexit Showdown

British Prime Minister Boris Johnson’s move to suspend parliament and come good on his promise to avoid any more delays to Brexit has set the clock running for his opponents to thwart him. The question is whether they can do …

Barge Collapse in Tennessee River Leads to Oil Spill

Officials in Chattanooga say a truck and crane went to the bottom of the Tennessee River when the barge they were sitting on collapsed. News outlets report the crane was mounted on the truck that fell into the river when …

Update: Hurricane Dorian Goes Easy on Puerto Rico, Gathers Force Heading for Florida

Dorian is gathering force as it aims to become the first major hurricane to slam into the Florida’s east coast in 15 years, with winds of at least 115 miles per hour and drenching rains. The hurricane’s center was located …

Insurtech Kin Insurance Raises $47M to Launch Florida Homeowners Carrier

Kin Insurance, an insurtech startup focused on home insurance in catastrophe-prone regions, said it has raised $47 million in new venture financing to fuel expansion and a revamped business model. August Capital led the new financing round, which included contributions …

3 Steps to Keep the Cameras Rolling for Entertainment Clients In Hurricane Season

The magic of the movies has the power to transport theater goers to distant lands, faraway places and, in some cases, entirely different planets. Television shows are no exception, and the power of set design is a contributing factor to …