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Massachusetts Man Charged with Arson Following Great Barrington Blaze

A Massachusetts man is facing charges of arson and insurance fraud in connection with a fire that consumed a building he owned in Great Barrington. The building held apartments and a retail shop but was vacant when it went up …

Update: Aon and Willis Terminate $30B Merger; Aon to Pay $1B Break-up Fee

Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their $30 billion business combination agreement and end litigation with the U.S. Department of Justice (DOJ). The proposed combination was first announced on March 9, 2020 …

Software Firm Attacked on July 4 Mum on How It Got Decryption Key

The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organizations crippled in the global incident. …

Global Supply Chains Driven to Breaking Point on New COVID Wave, Natural Disasters

LONDON/BEIJING – A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, …

Florida COVID Cases Jump 65% From Previous Week

Florida’s COVID-19 hospitalizations and cases again jumped significantly this week as the vaccination rate in rural counties where some of the worst outbreaks are occurring remains well below the state and national averages. About 5,300 Floridians are now hospitalized with …

Climate Models May Have Underestimated Impact of Extreme Weather Events

As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, especially locally. The list of extremes in just …

Update: China’s Financial Hub of Shanghai at Virtual Standstill as Typhoon Makes Landfall

Typhoon In-Fa, the powerful storm battering regions around Shanghai, has forced some of the world’s biggest shipping ports to halt operations until at least Tuesday. All of Shanghai’s ports and some in neighboring regions remain shut after closing over the …

Appeals Court Blocks CDC Pandemic Restrictions For Florida-Based Cruises

Pandemic restrictions on Florida-based cruise ships are no longer in place under a ruling Friday, July 22 by a federal appeals court, while the U.S. Centers for Disease Control and Prevention seek to fight a Florida lawsuit challenging the regulations. …

Insurance Industry Heading to Faster Recovery than After 2008 Financial Crisis: Swiss Re

The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss Re AG’s chief Americas economist …

Senators Still Working on Bipartisan Federal Police Reform Bill

U.S. Senator Tim Scott said he’s hopeful an agreement on police reform will be reached but vowed that any final accord wouldn’t “demonize” the police, including allowing individual officers to be sued in civil cases. “That is dead-stop not going …

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