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Florida Man Sentenced for Starting Fires Behind Tampa Publix

A Florida man has been sentenced to five years in prison for setting fires behind the same Tampa Bay-area grocery store three days in a row starting on Christmas last year. Robert Timon Lovett, 50, of Bradenton, was sentenced Monday …

French Mining Group Eramet Identifies Potential $50.8M Financial Fraud

PARIS – Eramet has identified a potential 45 million euro ($50.8 million) financial fraud within its group treasury operations, the French mining company said on Tuesday. “Eramet will file a criminal complaint with the authorities and has taken immediate disciplinary …

Tornadoes Have Pushed Insurers’ Weather Claims Above $105B for 2021

Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry’s 2021 bill for weather-related claims well above the predicted $105 billion, industry experts said, and premiums should rise on worries that climate change …

COVID-19 to Cut UK Life Expectancy by 9 Months: RBC Analysts

The coronavirus pandemic is seen cutting life expectancy in the UK by nine months, Royal Bank of Canada analysts said, helping to reverse trends of longevity. The estimate from insurance stock analysts Gordon Aitken and Mandeep Jagpal was based on …

Man Charged with Arson in Fire That Destroyed House, Damaged Three Others

A Maryland man has been arrested on arson charges stemming from a house fire that injured two firefighters, authorities said. John Edward Cropper, 56, was arrested Friday on charges of first-degree arson, second-degree arson and malicious burning, the Worcester County …

Connecticut Governor Signs Sweeping Order on Climate Change, Pollution

Connecticut Governor Ned Lamont signed a sweeping executive order aimed at reducing pollution and addressing climate change Thursday, a month after pulling back his support of a regional climate initiative amid concerns it would further increase gas prices. Under the …

Two Rhode Island Contractors Face $75K in Penalties for Worksite Cave-In Risks

A federal inspection at a Warwick, Rhode Island, excavation found two area contractors ignoring cave-in risks and placing their workers in serious danger. On July 8, 2021, a U.S. Department of Labor Occupational Safety and Health Administration (OSHA) inspection at …

UK Businesses Brace for Great British Resignation in 2022

UK businesses were hit by rising numbers of staff leaving their jobs voluntarily during 2021, with many employers facing the prospect of more resignations and a hiring crunch going into the third year of the pandemic, new research shows. Voluntary …

Global M&A Activity Shatters Records, Topping $5 Trillion in 2021

LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that was set nearly 15 years ago, as an abundance of capital and sky-high valuations fueled frenetic levels of dealmaking. The …

FWD Group Withdraws U.S. IPO Plan, Pivoting Instead to Hong Kong

FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China tightens its grip on overseas listings. The company said in a filing Monday with the U.S. Securities and Exchange Commission …

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