July 22, 2021
A Massachusetts couple sued eBay Inc on Wednesday for being subjected to an “unrelenting stream” of threats by its employees to stifle their online newsletter critical of the e-commerce company. In a complaint filed in Boston federal court, David and …
July 22, 2021
The town of Brattleboro, Vermont, is reporting more than $200,000 in damage to roads and bridges from a weekend rain storm. An initial assessment was completed on Sunday, the Brattleboro Reformer reported. “It’s going to be six figures,” Public Works …
July 22, 2021
Twelve women filed a lawsuit Tuesday against Liberty University, accusing the Christian institution of a pattern of mishandling cases of sexual assault and harassment, and fostering an unsafe campus environment. The federal lawsuit filed in New York made various claims …
July 22, 2021
California power company Pacific Gas and Electric said on Wednesday it would bury 10,000 miles of power lines in high-risk fire zones as a safety measure after its equipment caused multiple destructive wildfires over several years. The utility, which called …
July 22, 2021
Global insurance and professional services firm Marsh McLennan (MMC) reported financial results for the second quarter ended June 30, 2021, including consolidated revenue of 2021 of $5.0 billion, an increase of 20% compared with the second quarter of 2020. MMC …
July 22, 2021
Chicago-based wholesale insurance broker Ryan Specialty Group Holdings, Inc. announced the pricing of its initial public offering of 57 million shares of its Class A common stock at a price to the public of $23.50 per share for gross proceeds …
July 22, 2021
State attorneys general on Wednesday unveiled a $26 billion settlement with the three largest U.S. drug distributors and Johnson & Johnson to resolve thousands of lawsuits by states and local governments over the companies’ role in the country’s opioid painkiller …
July 22, 2021
A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments. Under the settlement …
July 22, 2021
Five weeks after dropping its reference to the coronavirus as a weight on the economy, the U.S. Federal Reserve is confronting a challenging new rise in cases that has fueled doubts about the global recovery and is already forcing other …
July 22, 2021
When is an insurance commissioner not a governmental authority? A federal district judge reminds us that a state insurance commissioner, when acting as receiver of an insolvent insurer, acts in a different capacity to his governmental role. This principle can …