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Signature Bank Faced Criminal Probe Ahead of Firm’s Collapse

US prosecutors were investigating Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according to people familiar with the matter. Justice Department investigators in Washington and Manhattan were examining whether the New York bank …

UK Builders Face Ban Unless They Commit to Repairing Unsafe Cladding

Eleven property developers could be barred from the industry unless they sign a UK government contract to repair unsafe cladding on apartment blocks, according to Michael Gove, the secretary of state for housing. While 39 firms signed the commitment by …

UK’s National Cyber Security Centre Reviewing TikTok Risks: Minister

Britain’s National Cyber Security Centre is reviewing whether Chinese-owned video app TikTok should be banned from government phones, security minister Tom Tugendhat said on Tuesday. TikTok has come under increasing focus over fears that user data could end up in …

To the Moon and Back: Space Tourism and Insurance

Space tourism, or human space travel for recreational purposes, is in its early days. For insurers, this means it’s an emerging business that most aren’t ready to tackle yet. Neil Stevens, senior vice president of aviation and space at Marsh, …

Ship With No Permit Causes Philippine Oil Spill; Cleanup Is ‘Logistical Nightmare’

The Philippines is grappling with the fallout of an oil spill south of Manila, with a contractor describing the cleanup as a “logistical nightmare” amid questions on why the ship carrying industrial fuel was able to sail without a permit. …

What’s Happening at Fukushima Nuclear Plant 12 Years After Meltdown?

Twelve years after the triple reactor meltdowns at the Fukushima Daiichi nuclear power plant, Japan is preparing to release a massive amount of treated radioactive wastewater into the sea. Japanese officials say the release is unavoidable and should start soon. …

Texas High Court: No Immunity for City that Closed Flood Gate During Downpour

Eleven property owners whose homes were flooded after a city of Brownsville official closed a flood gate may proceed with their claims against the city because of a statute that waives governmental immunity for damages caused by motor-driven equipment, the …

Railroad: Broken Wheel Likely Caused Kansas Derailment

MCPHERSON, Kan. (AP) – Union Pacific officials believe that a broken wheel likely caused this weekend’s derailment that spilled denatured alcohol inside a Kansas refinery. Railroad spokeswoman Kristen South said crews continued to clean up the site of the derailment …

Lawyer: $6.1M LSU Anti-Hazing Verdict Sends Powerful Message

NEW ORLEANS (AP) – A jury’s decision that a Louisiana State University fraternity pledge’s family is entitled to $6.1 million for his hazing-related alcohol death in 2017 sends a powerful message, the family’s attorney said Monday. Max Gruver, from the …

Ohio Sues Norfolk Southern Over Train Derailment

The state of Ohio sued Norfolk Southern NSC.N Tuesday over the Feb. 3 derailment of a freight train that released over a million gallons of hazardous materials and pollutants into the environment around the town of East Palestine. “This derailment …

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