National News

Moderating Auto Insurance Rates Help Explain Low Inflation

The latest culprit for cooling U.S. inflation: safer driving. A measure of underlying price pressures watched closely by policy makers continued to moderate in February, missing forecasts, according to data published Tuesday by the Labor Department. The gauge of consumer …

Startup CEO Exonerated from Crimes, Seeks Compensation for Firing

Zain Jaffer’s charmed, Silicon Valley life was about to collapse beneath him. It was October 2017 and Jaffer, founder of a promising mobile ad startup, was suddenly arrested and charged with a series of crimes, including assault and sexual abuse. …

Trump Budget Would Cut Crop Insurance Subsidies

President Donald Trump’s “I LOVE YOU!” tweet to farmers is facing another challenge: Budget cuts that will slash subsidies for crop insurance and small growers. Trump’s 2020 budget, released Monday, calls for a 15 percent funding drop for the Department …

As It Prepares IPO, Uber Settles Driver Classification Disputes for $20 Million

Uber Technologies Inc. will pay $20 million to settle California lawsuits challenging the company’s classification of drivers as independent contractors, and not employees owed the benefits of traditional employment. Resolution of the long-standing fight over benefits and pay comes as …

Roundup Weed Killer, Not Hepatitis, Caused Plaintiff’s Cancer, Argues Lawyer

A lawyer representing a man who claims Bayer AG’s Roundup weed killer caused his cancer urged jurors to imagine the scales of justice ever so slightly tilted in his favor, as if weighted by a feather, and said that would …

U.S. FAA Reaffirms Safety of Boeing 737 Max as Groundings Continue Across Globe

U.S. aviation regulators reiterated that they see no safety issue with the beleaguered Boeing Co. 737 Max jetliner that warrants grounding the plane despite a pair of deadly crashes and the move by more than 40 other nations to temporarily …

CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

CRC Group has launched Insurisk, a new brand name for its products. Additionally, CRC Group has formed an exclusive partnership with AMRISC, LLC to build new property products under the Insurisk name. Accirdubg to Dave Obenauer, CRC Group’s CEO, Insurisk …

Honda to Re-Recall 1 Million Cars in U.S. to Replace Faulty Air Bag Parts

Honda Motor Co. will recall more than a million vehicles in the U.S. to replace a batch of faulty air bag parts that were installed as part of the largest auto safety recall in history. A driver in Maryland was …

Wells Fargo CEO Grilled at Congressional Hearing Probing Customer Abuse Scandal

Democratic and Republican lawmakers on Tuesday pressed Wells Fargo & Co Chief Executive Tim Sloan for proof the bank has put a string of consumer abuse scandals behind it at a tense congressional hearing that saw Sloan firmly on the …

Federal Flood Insurance Premiums Could Rise in Flood-Prone Areas Under Trump Plan

Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. …

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