July 30, 2018
There is not a lot time left to avoid a lapse in the federal government’s flood insurance program. The Senate is expected to follow the House, which voted last week to temporarily reauthorize the program. Senate Majority Leader Mitch McConnell …
July 30, 2018
Route 285 is the formal designation for one of the main roads used to carry supplies to and from the oilfields of West Texas. Locals call it something else: “Death Highway.” Last year, 93 people died in accidents involving trucks …
July 30, 2018
A U.S. jury last Friday awarded International Business Machines Corp. $83 million in a patent dispute with e-commerce company Groupon Inc. A jury in Delaware said Groupon used IBM’s patented e-commerce technology without authorization following a two-week trial. “IBM invests …
July 30, 2018
A jury awarded $1.25 million to a former Columbia University finance professor whose senior colleague sent dozens of emails disparaging her to industry professionals after she lodged a harassment complaint against him. The verdict is a fraction of the $16 …
July 30, 2018
Facebook Inc. and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over a disappointing earnings announcement by the social media company that wiped out about $120 billion of shareholder wealth. …
July 27, 2018
NAS Insurance has launched a stand-alone cyber insurance product for high net worth individuals and their families. NetGuard SELECT provides cyber protection, fraud detection, and dark web and social media monitoring services to fight evolving cyber risks. More than the …
July 27, 2018
The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 million in second quarter 2018 compared with a net loss …
July 27, 2018
A Texas nonprofit firm’s plan to publish technical designs for firearms online so anyone with a 3-D printer can use them to manufacture fully operational “downloadable” guns is drawing fire from New Jersey and national gun-control groups. Defense Distributed would …
July 27, 2018
Flaws in jet engine fan blades like one that cracked and broke loose in April, killing a Southwest Airlines Co. passenger, have been discovered on planes operated by several carriers, and the manufacturer is moving to further tighten inspections. General …
July 27, 2018
The next confrontation between government regulators and a blockchain startup appears set to ensnare a prediction market platform that goes by the name Augur. After going live on July 10, Augur allows anyone to create contracts to predict future events …