Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Report Bayer Offered $8 Billion to Settle Roundup Claims Is ‘Fiction,’ Says Mediator
Aug 11 2019 // Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as...
Hurricane Barry Cost Economy $600M, Insurers $300M: Aon Catastrophe Report
Aug 9 2019 // Total economic losses, largely flood-driven, were expected to exceed US$600 million, while public and private insurers paid out nearly US$300 million, said Aon in its latest edition of its monthly Global Catastrophe Recap...
Coinbase Must Face Buyers’ Negligence Claims Over ‘Hasty’ Launch of Its Bitcoin Cash
Aug 9 2019 // Coinbase Inc. must face a negligence lawsuit for allegedly botching the launch of its digital currency bitcoin cash, or BCH, through an apparent “incompetence born of haste,” a judge ruled. U.S. District Judge...
Bayer Proposes to Settle U.S. Roundup Lawsuits for $8 Billion: Bloomberg
Aug 9 2019 // Bayer AG is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations. An agreement, which could take...
Remote Workers Can Be Big Cyber Risk for Small Businesses
Aug 9 2019 // Remote employees place businesses at risk, yet many small business owners are not properly mitigating potential cyberthreats, nor are they adequately protecting their employee platforms, a new report says. As work-life and...
Louisiana Painting, Sandblasting Company to Pay $90K to Settle Disability Lawsuit
Aug 8 2019 // The U.S. employment practices watchdog agency says a Louisiana company will pay $90,000 to settle a federal disability discrimination lawsuit. Tamco Professional Coating Services Inc. (Tamco) has agreed to pay a foreperson...
Cobbs Allen in Alabama Adds JLT’s Payne to New Specialty Platform Team
Aug 8 2019 // Birmingham, Ala.-based Cobbs Allen is continuing its expansion of its insurance brokerage team with the addition of David Payne. Payne will join the leadership team that is building a national specialty platform focused on...
As Breaches Rise, So Do Cybersecurity Pros’ Paychecks
Aug 8 2019 // It took a $650,000 salary for Matt Comyns to entice a seasoned cybersecurity expert to join one of America’s largest companies as chief information security officer in 2012. At the time, it was among the most...
Tesla Under U.S. Scrutiny Over Safety Claims
Aug 7 2019 // Tesla Inc. received a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents...
Judge Leans in Favor of Broad Opioid Settlement Opposed by Municipalities, Drug Firms
Aug 7 2019 // A federal judge on Tuesday expressed support for a novel plan by lawyers representing cities and counties suing drug companies over the U.S. opioid epidemic that would bring every community nationally into their settlement...
U.S. Northwest Faces Growing Wildfire Threat
Aug 6 2019 // Nestled in the foothills of Washington’s Cascade Mountains, the bustling Seattle suburb of Issaquah seems an unlikely candidate for anxiety over wildfires. The region, famous for its rainfall, has long escaped major...
Judges May Be Reaching Limit with Copyright Profiteering by Pornography Sellers
Aug 6 2019 // Pornography producers and sellers account for the lion’s share of copyright-infringement lawsuits in the U.S. — and judges may have seen enough. The courts are cracking down on porn vendors that file thousands...
It’s Not Easy to Pin Identity Theft on a Specific Data Breach
Aug 6 2019 // Equifax 2017. Marriott 2018. Capital One 2019. Data breaches through hacking attacks are distressingly common these days, and personal details about you can lead to identity theft, such as credit cards and loans in your...
German Bank Seeks to Seize Ships for Breach of Iran Sanctions
Aug 6 2019 // Reports alleging that fuel tankers appeared to breach U.S. sanctions against Iran were cited in court filings by a bank as it sought to seize the ships, accusing the owners of loan default. The accusations, which led to...
U.S. Risk Acquires Houston’s U.S. E&O Brokers
Aug 5 2019 // Dallas-based property/casualty insurance wholesaler and managing general agent (MGA), U.S. Risk LLC, has acquired U.S. E&O Brokers (U.S. E&O), a wholesale broker and MGA. U.S. E&O is headquartered in Houston,...
Berkshire Hathaway’s Q2 Reflects Slowing Economy, Trade Policy
Aug 5 2019 // Berkshire Hathaway Inc. on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by...
Business Moves
Aug 5 2019 // East The Hilb Group, 360 Corporate Benefit Advisors The Hilb Group LLC has acquired New England-based 360 Corporate Benefit Advisors. The transaction became effective May 1, 2019. With offices in Fairfield, Conn., and...
Louisiana Flood Victims End Lawsuit Against Trump, HUD Over Disaster Aid
Aug 2 2019 // Two Louisiana homeowners who sued the Trump administration over federal policies that stalled grants for victims of a massive 2016 flood have dropped their lawsuit, after the administration recently released new...
Regulator Says U.S. Railroads Still Have Work to Do Installing Key Safety Technology
Aug 2 2019 // The railroad industry has installed safety technology on nearly 90% of tracks where it is required, federal officials said Wednesday, but “significant work” is needed to ensure the technology is completely...
Arizona Seeking U.S. Supreme Court Involvement in Opioid Case
Aug 2 2019 // Arizona’s attorney general on Wednesday asked the U.S. Supreme Court to force the Sackler family, which owns OxyContin-maker Purdue Pharma, to return billions of dollars they took out of the company. The court filing...
