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Carolina High Court Takes Up Law That Extends Time on Sex Abuse Claims

North Carolina’s Supreme Court will accelerate appeals over the constitutionality of a state law that gave adults with child sexual abuse claims another two years to seek civil damages. A majority of justices agreed this week t o hear the …

Lloyd’s Prefers to Stay in Landmark London Headquarters, With the Right Terms

Lloyd’s has decided to stay in its landmark headquarters building at One Lime Street in London – as long as it receives acceptable terms for the renewal of its lease. In January, the market reportedly was conducting a review of …

Fire Damages Historic, 17th-Century Veranda House Inn on Nantucket

NANTUCKET, Mass. (AP) _ A fire ripped through a historic landmark on Nantucket Saturday morning, leaving the centuries-old structure heavily damaged. Firefighters battled the blaze that tore through the Veranda House inn, which dates back to the late 17th century. …

Canada Recovering From Major Telecom Outage

TORONTO/OTTAWA, July 8 (Reuters) – Rogers Telecommunications said its network was beginning to recover late on Friday after a 19-hour service outage at one of Canada’s biggest telecom operators shut banking, transport and government access for millions, drawing outrage from …

China Moves to Improve Domestic, International Standards Across Industries

China on Friday published an action plan to improve domestic standards across industries while increasing its participation in international standard-setting, from smart cities to food safety. The plan details the tasks to be undertaken before the end of 2023 to …

China Regulator Says Banks, Insurers to Go ‘All Out’ to Bolster Lending

An official at China’s banking and insurance regulator said authorities will use policy tools “flexibly and precisely” at proper times to stabilize the economy, while banks and insurers will “go all out” to bolster funding. Authorities will support an “appropriate” …

Weather Whiplash: Record-Shattering Yellowstone Floods Expose Model Flaws

The Yellowstone National Park area’s weather forecast the morning of June 12 seemed fairly tame: warmer temperatures and rain showers would accelerate mountain snow melt and could produce “minor flooding.” A National Weather Service bulletin recommended moving livestock from low-lying …

Twitter Assembles Legal Team to Sue Musk Over Dropped Takeover

Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, according to people familiar with the matter. The social media …

An Invasive Creature is (Again) Threatening Florida Crops, Buildings, Trees

Invasive giant African land snails that can eat building plaster and stucco, consume hundreds of varieties of plants and carry diseases that affect humans have been found once again in Florida, where officials said that work has begun to eradicate …

Florida Insurance Agents Feeling the Heat from Roiling Marketplace

Dan Alexander has seen the worst of the Florida property insurance market from the inside-out – from agents who’ve quit to carriers that have gone insolvent or stopped writing new business, to having to manage policyholders that are mad at …

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