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U.S. Firms Operating in Hong Kong Face Risks, Warns American Chamber of Commerce

HONG KONG – U.S. businesses operating in Hong Kong should reassess their operations and decide if the risks of operating there are worth the reward, the president of the American Chamber of Commerce in Hong Kong said in an interview …

Final Settlement for Brazil’s Samarco Mining Dam Disaster Could Reach $19 Billion

RIO DE JANEIRO – A definitive settlement with miner Samarco and owners, BHP Group and Vale SA, for the damage caused by a burst tailings dam in 2015 could reach 100 billion reais ($19.06 billion), the governor of the Brazilian …

Britain’s Largest Pub Group Launches Billion-Dollar Suit over COVID-Related BI Claim

Britain’s largest pub group, Stonegate Pub Group Co., sued three insurers for 846 million pounds ($1.2 billion) over losses it suffered after being forced to shut during the coronavirus pandemic. Owned by TDR Capital, the company filed a suit against …

People Moves: Island Insurance Names Kadomoto Assistant Vice President; The Liberty Company Insurance Brokers in California Names Arricale Chief Financial Officer

Island Insurance Co. has promoted Denise Kadomoto to assistant vice president of accounting and finance. Kadomoto will continue to serve as the company’s controller, a position she has held since 2015. Kadomoto joined Island in 2007 as senior accountant. She …

States Expected to Announce Opioid Deal With Drug Distributors, J&J: Reuters

U.S. state attorneys general and lawyers for local governments are expected on Wednesday to unveil a landmark, $26 billion settlement resolving claims that the three largest U.S. drug distributors and drugmaker Johnson & Johnson helped fuel a nationwide opioid epidemic, …

U.S. and Allies Accuse China of Global Cyber Espionage

The United States and its allies accused China on Monday of a global cyber espionage campaign, mustering an unusually broad coalition of countries to publicly call out Beijing for hacking. The United States was joined by NATO, the European Union, …

Washington Couple Face Felony Charges in $116K Workers’ Comp Scam

A married couple working at their son’s Vancouver, Wash., auto repair shop who claimed to be hurt at the shop and received workers’ compensation benefits for their injuries are now both charged with stealing those benefits from the Washington State …

26 Tornadoes Swept Iowa on July 14, Preliminary Data Shows

Preliminary data shows more than two dozen tornadoes tore across Iowa on July 14, according to the National Weather Service. The service said in a tweet that it appears 26 tornadoes touched down. If that number holds true, it would …

Captain, 2 Others Charged in Deadly 2018 Missouri Duck Boat Sinking

A local prosecutor on July 16 charged a boat captain and two other employees over 17 deaths in July 2018 when a tourist duck boat sank on a Missouri lake during a severe thunderstorm, reviving the threat of long prison …

Chemical Leak at Texas Water Park Sends 29 to Hospital

A chemical leak at a Houston-area water park left dozens suffering from minor skin irritation and respiratory issues on July 17, authorities said. Twenty-nine people were taken to local hospitals following the incident at Six Flags Hurricane Harbor Splashtown in …

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