News

State Judge Nixes Trump Damages Suit Against New York Times

Former President Donald Trump’s lawsuit against The New York Times over a 2018 investigative series into his family’s wealth and tax practices was dismissed by a state judge Wednesday. The lawsuit accused the Times and three of its investigative reporters …

AIG Records Strongest Q1 Underwriting Results in General Insurance

American International Group said first quarter 2023 underwriting income in its general insurance segment was $502 million, “representing the strongest first quarter underwriting results AIG has achieved,” said CEO Peter Zaffino. Net premiums written in general insurance increased 5% to …

California Companies Pay Higher Taxes for Unemployment Debt

One potential consequence of California’s ballooning budget deficit: Higher taxes for businesses, with increases possible every year for the next decade. Business owners pay a tax on each of their workers. The money goes into a fund that states use …

Georgia Couple Wins $135.5M for Land Damaged by Runoff from Solar Farm

A federal jury has awarded a Georgia couple $135.5 million for damages to their property by a Tennessee-based solar company and its contractor. The award against Silicon Ranch Corp. and its contractor, IEA Inc., was announced Friday by James E. …

Churchill Downs Investigates 4 Horse Deaths Ahead of Kentucky Derby

The death of four horses at Churchill Downs over a span of five days has overshadowed preparations for the Kentucky Derby. Two horses trained by Saffie Joseph Jr. collapsed on the track and died over the past week. Two other …

Wrongfully Convicted Massachusetts Man Gets $13M Settlement

A Massachusetts man who spent 32 years in prison after he was wrongfully convicted of setting a fire that killed eight people will receive $13 million from the city where he was arrested. “One of the things for me to …

McDonald’s Kentucky Franchises Fined for Working 10-year-olds at Restaurants

Two 10-year-olds are among 300 children who worked at McDonald’s restaurants illegally, a Labor Department investigation of franchisees in Kentucky found. Agency investigators found the 10-year-olds received little or no pay at a McDonald’s in Louisville, the Labor Department said. …

Worker’s Body Recovered at Site of Explosion at Massachusetts Plant With Fire History

The body of a worker who died in an explosion at a Newburyport, Massachusetts chemical plant has been recovered and identified. The deceased has been identified by his family as Jack O’Keefe of Methuen. The body was recovered about 5:30 …

Aon Launches Dedicated Unit to Drive Climate Analytics and Advisory

Aon plc, the global professional services firm, has launched a Climate Risk Advisory team to provide physical risk diagnostics and advisory services, aiming to help financial institutions, public sector entities and firms with large real estate holdings to make better …

Venezuela’s Oil Tankers at Risk of Spills, Sinking, Fires, Collisions: Report

More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from state-run oil company PDVSA that was shared exclusively …

News Archives by Month