New York state’s top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to financial technology companies. Maria Vullo, the superintendent of the New …
As Hurricane Florence churns toward the Carolinas, bearing a potentially lethal ocean surge and winds and torrential rains, the federal government is marshaling its forces to help communities prepare and recover. President Donald Trump said Thursday afternoon that he was …
For tropical storms, two’s company, three’s a crowd and five is, well, unprecedented. Maybe not for long. Weather forecasters are watching a disturbance in the western Gulf of Mexico that has a 50 percent chance of becoming Tropical Storm Kirk …
The U.S. agency that enforces federal labor laws took the first steps on Thursday towards loosening an Obama-era standard that made it easier to hold companies liable for illegal labor practices by their contractors and franchisees. The five-member National Labor …
The company that created OxyContin is offering free doses of an opioid-abuse treatment as part of its offer to resolve more than 1,000 lawsuits accusing the drugmaker of helping fuel the opioid crisis, according to people familiar with the negotiations. …
Two technology trade groups on Wednesday released proposals for national consumer privacy regulations, adding to the chorus of businesses seeking to influence the growing momentum for stricter rules on how companies handle users’ personal information. The move by the Internet …
A handful of consumer and climate groups are calling on the insurance industry to ditch fossil fuels as part of a new campaign called Insure Our Future. The entreaty came on the eve of this week’s Global Climate Action Summit, …
A federal safety agency is recommending that all new motorcycles built for road use in the U.S. have anti-lock brakes and electronic stability control as standard equipment. The National Transportation Safety Board voted 5-0 on Tuesday to make the recommendations …
The Hanover Insurance Group has agreed to sell Chaucer, its Lloyd’s-focused international specialty business, to China Reinsurance Group Corp. for total proceeds of $950 million. The Hanover had indicated in March it was considering selling Chaucer. The insurer said the …
Small business-focused digital insurance carrier Next Insurance has launched a commercial auto insurance policy available entirely online with no extra fees. Small businesses can now purchase a commercial car insurance policy separately, or at a reduced price when bundled together …
