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Half of Red Sea Container-Ship Fleet Avoids Route on Threat of Attacks

Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data. The tally compiled by Flexport Inc. shows 299 vessels with …

China Metals Giant Faces Protest in Indonesia After Fatal Blast

Workers at a Tsingshan Holding Group plant in Indonesia staged a demonstration and demanded new working conditions after an explosion on Sunday that killed at least 19 people. The deadly blast at a furnace run by PT Indonesia Tsingshan Stainless …

Twitter Violated Contract by Failing to Pay Millions in Bonuses, Judge Rules

Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior director of compensation …

Alibaba Must Face Lawsuit Over Counterfeit Squishmallows

A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children’s toy Squishmallows on its online platforms. U.S. District Judge Jesse Furman in Manhattan said …

US Seizes BlackCat Ransomware Site, Offering Decryption Tool

The US Justice Department seized websites belonging to a notorious Russian-speaking ransomware group, upending hackers that have extorted millions of dollars from victims around the world. The website for the extortion group BlackCat, also known as ALPHV or Noberus, on …

US Workplace Stress at All Time High, Survey Says

Stress at work has reached epidemic proportions and shows little decline in 2023, according to the American Psychological Association’s “Work in America Survey: Workplaces as Engines of Psychological Health & Wellbeing.” The national survey found that 77% of U.S. workers …

Top Insurance Journal D&O Stories of 2023

Million-dollar court cases, expert predictions and in-depth market analysis — Insurance Journal’s top-read directors and officers insurance stories in 2023 scrutinized notable national headlines through a D&O lens. Meanwhile, big-picture evaluations continued to draw attention, as did a legal dispute …

Florida Suit Over Charged Lemonade Death Puts New Focus on Energy Drink Safety

Panera Bread Co. must face a lawsuit over a death allegedly linked to its new line of “charged” lemonades, which have thrust the company into the spotlight and brought a renewed focus on the safety of caffeinated energy drinks. The …

Five Died in Four Vegas Area Crashes Over 12-Hour Holiday Period

Two people died in separate vehicle crashes in the early hours of Christmas morning on Monday in the Las Vegas valley, bringing the total number of vehicle-related deaths in the area to five over a 12-hour stretch from Sunday afternoon …

New York Governor Vetoes Bill Seeking to Make It Easier to Challenge Convictions

New York Gov. Kathy Hochul vetoed a bill days before Christmas that would have made it easier for people who have pleaded guilty to crimes to challenge their convictions, a measure that was favored by criminal justice reformers but fiercely …

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