Articles by Josh Saul

Minnesota Dam Risks Failure During Wave of Intense US Weather

A dam holding back swollen flood waters in Minnesota was at risk of failure Monday as intense weather buffeted much of the US. The Blue Earth River has cut around the west side of the Rapidan Dam, local officials warned …

Texas Fires Trigger Drop for Xcel With Law Firm Alleging Link

The worst-ever Texas wildfire sent shares of Xcel Energy Inc. plunging after a law firm said it might be linked to the disaster, the latest sign that potential ties between power companies and blazes are triggering volatility in once-sleepy utility …

North Carolina Attack Shows Fragility of U.S. Power Grids, Experts Say

The attacks that left two electrical substations in North Carolina riddled with gunfire and knocked out power to 45,000 homes and businesses underscores the fragility of US grids, experts said Monday. The FBI is investigating the assault that extensively damaged …

U.S. Lawmakers Push Insurers to Stop Underwriting Fossil Fuels

A group of Democratic lawmakers, mostly members of the Congressional Progressive Caucus, have asked some of the nation’s biggest insurance companies to stop underwriting new fossil fuel projects that contribute to climate change. New York Representatives Mondaire Jones and Alexandria …

Mnuchin, Lampert Want Sears D&O Policy to Pay Their Legal Fees

Almost four months ago, the bankrupt estate of Sears Holdings Corp. sued Eddie Lampert and U.S. Treasury Secretary Steven Mnuchin over allegedly wrongful transfers of $2 billion in company assets. Now lawyers representing the two men have asked the federal …

USA Gymnastics, Short on Funds to Pay Sex-Abuse Claims, Files for Bankruptcy

USA Gymnastics, under threat of being decertified by the U.S. Olympic Committee, filed for bankruptcy after running short of funds to pay victims of Larry Nassar’s sexual abuse. The organization filed for Chapter 11 status in the Southern District of …