February 25, 2022
A Montana jury has awarded $36.5 million in damages to an Oregon man who suffers from lung disease because of exposure to asbestos while working at a vermiculite mine in Libby, a bellwether case that could affect hundreds of additional …
February 25, 2022
With California entering the third year of severe drought, federal officials said Wednesday they won’t deliver any water to farmers in the state’s major agricultural region – a decision that will force many to plant fewer crops in the fertile …
February 25, 2022
Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2 billion-$5.6 billion), the majority of which are expected in Germany, UK, and the Netherlands, according to Verisk Extreme Event Solutions …
February 25, 2022
Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region for vessels still willing to sail after Russia’s invasion of Ukraine. Ship owners pay annual …
February 25, 2022
A swath of major American businesses — from major banks to utility companies — is preparing for possible cyberattacks against their computer networks as Russia on Thursday threatened “consequences” for nations that interfere with its invasion of Ukraine. Their concerns, …
February 25, 2022
A three-week long protest in Canada against pandemic measures that snarled trade and shuttered Ottawa’s core likely cost billions in trade delays, tens of millions in lost sales for businesses, and left behind a hefty policing and clean-up tab. Hundreds …
February 25, 2022
The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement resolving claims by states and local governments that they helped fuel the U.S. opioid epidemic. Distributors McKesson Corp., AmerisourceBergen Corp., …
February 25, 2022
Maine’s Senate voted Wednesday to advance a proposed amendment to the state Constitution that would prohibit discrimination based on gender, although it will require further votes. The 22-12 vote keeps the proposal moving but fell short of a two-thirds majority …
February 25, 2022
A Manhattan judge said Wednesday that lawyers for Former Alaska Gov. Sarah Palin are seeking a new trial on her defamation claims against The New York Times, along with his removal from the case. U.S. District Judge Jed S. Rakoff …
February 25, 2022
W. R. Berkley Corp. announced it has agreed to sell a London real estate investment consisting of an office building at 52 Lime Street (also known as “The Scalpel”) for £718 million ($964.1 million), subject to agreed upon adjustments. The …