October 25, 2018
The number of U.S. drug overdose deaths has begun to level off after years of relentless increases driven by the opioid epidemic, health secretary Alex Azar said Tuesday, cautioning it’s too soon to declare victory. “We are so far from …
October 25, 2018
Lawyers for Exxon Mobil Corp. stood before a New York judge in August and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public disclosures about climate change, saying authorities should …
October 25, 2018
Thousands of Puerto Ricans have been forced to drain their savings, close their businesses, or resign themselves to living with structural damage as they fight insurance companies over millions of dollars’ worth of claims that have gone unanswered or unpaid …
October 25, 2018
It’s one of the biggest bets going in the world of cars. Since May, General Motors Co. and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japan’s SoftBank Group Corp. and Honda Motor Co. Ltd. …
October 24, 2018
Chubb reported solid profit, increases in net premiums written and a healthy property/casualty combined ratio in its 2018 third quarter. The insurer booked $1.2 billion in net income during Q3 versus a $70 million net loss over the same period …
October 24, 2018
W.R. Berkley Corp.’s third quarter featured flat net income but also higher premiums and soaring investment income. The Connecticut-based insurer and reinsurer said it generated $162 million in net income during the 2018 third quarter, on par with the 2017 …
October 24, 2018
Four-in-10 parents of teen drivers don’t talk to their kids about safe driving on a regular basis. That factoid, says survey sponsor Allstate, could be an incentive for teens to “flip the script” and spearhead the conversation with their parents …
October 24, 2018
Apple Chief Executive Tim Cook said on Wednesday customer data was being “weaponised with military efficiency” by companies to increase profit. Cook, speaking at the International Conference of Data Protection and Privacy Commissioners, said Apple supported a federal privacy law …
October 24, 2018
A U.S. federal appeals court on Tuesday reinstated a lawsuit by a group of former child slaves accusing the U.S. unit of Nestle SA, the world’s largest food maker, and Cargill Co of perpetuating child slavery at Ivory Coast cocoa …
October 24, 2018
A bid by Goldman Sachs Group Inc. to settle a lawsuit over how much it pays directors was rejected by a judge who said that simply making changes in corporate governance didn’t provide enough benefit to the firm. The investment …