National News

CDC Asks States to Make Worker Protective Gear Available to Combat Bird Flu

The U.S. Centers for Disease Control and Prevention (CDC) said on Monday it had met with state health officials and asked them to facilitate distribution of protective gear for farm workers to avoid infection against H5N1 bird flu. The CDC …

The Top 15 U.S. Metros with High Exposure to Wildfire Risk

The number of wildfires per year is going down, but the increasing size and intensity of the fires is creating more property damage than ever before – in fact, the average fire size has tripled over the past 30 years, …

Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes

An updated guideline from Fannie Mae, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage. A Fannie Mae spokesperson said the government-backed mortgage corporation, which supports …

Google Trial Wraps Up as Judge Weighs Landmark US Antitrust Claims

Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully dominated web search and related advertising, in a case the government contends could shape the “future of the internet.” U.S. …

SEC Warns Robinhood That Its Crypto Business Faces Lawsuit

The US Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets. Robinhood, which is …

Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech

Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO and reinsurance operations topping any prior first quarter in the last decade. Across …

Berkshire’s Jain on Cyber: ‘The Mindset Should Be You’re Not Making Money’

While describing cyber insurance as a “fashionable” and profitable business, Berkshire Hathaway’s head of insurance operations said aggregation and loss costs have kept the company away from the risk for the most part. Yes, profitability has been “fairly high” for …

GSK, Boehringer Put Profits Over User Safety, Zantac Jury Told

Drugmakers GSK Plc and Boehringer Ingelheim GmbH prioritized profits over consumer safety by hiding the cancer risks of their once-blockbuster heartburn drug Zantac, according to lawyers representing a Chicago woman in the first of thousands of such claims to go …

Biden Vetoes Bid to Repeal US Labor Board Rule on Contract, Franchise Workers

President Joe Biden followed through on Friday on his vow to veto a Republican-backed measure that would have repealed a U.S. labor board rule treating companies as the employers of many of their contract and franchise workers and requiring them …

Appeals Court Rejects Climate Change Suit by Young Oregon Activists

A federal appeals court panel last week rejected a long-running lawsuit brought by young Oregon-based climate activists who argued that the U.S. government’s role in climate change violated their constitutional rights. The 9th U.S. Circuit Court of Appeals previously ordered …

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