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Pilots Disabled Critical Computers Just Before AirAsia Crash

The pilots of AirAsia Bhd. Flight 8501 cut power to a critical computer system that normally prevents planes from going out of control shortly before it plunged into the Java Sea, two people with knowledge of the investigation said. The …

Democrats File Bill to Create U.S. Food Safety Agency

U.S. lawmakers proposed a bill this week that would create a single food safety agency by bringing together the oversight functions of the Food and Drug Administration, U.S. Department of Agriculture and other agencies. Democratic Senator Richard Durbin from Illinois …

Children’s Toys Covered with Lead Paint Seized at Georgia Port

Department of Homeland Security officials say more than 1,300 toys that could have exposed children to lead were seized by U.S. Customs and Border Protection at the Port of Savannah, Ga. Federal officials said in a statement that 1,320 children’s …

Local Regulations Prompt Uber to Stop Service in Alabama City

The ridesharing service Uber has left Auburn, Ala. in its rearview mirror. The Opelika-Auburn News reported that the popular service that lets users book rides using a mobile app sent emails to drivers and customers last week announcing that it …

USI Targets Southeast for Growth with Newly-Acquired Georgia Offices

Following USI Insurance Services’ acquisition of two insurance brokerage offices in Savannah, Ga., from Wells Fargo Insurance and Willis North America, the USI Southeast region has announced it plans to aggressively grow this market through ongoing investment and future expansion. …

Iowa Testing System to Determine Safer Speeds on Icy Roads

The Iowa Transportation Department is testing a new system that could help motorists drive more safely on icy roadways. Des Moines television station KCCI says the testing is underway on an 11-mile stretch of Interstate 35 north of Des Moines. …

Roadway Bicycle Safety Bill Stalls in South Dakota House

State lawmakers want to make bicycling safer in South Dakota, but they’re having trouble figuring out how exactly to do it. The House Transportation Committee on Jan. 27 for the second time was unable to reach a consensus over a …

Greenberg Calls New York Fraud Suit Waste of Time, Money

Ex-American International Group Inc. Chairman Maurice “Hank” Greenberg said New York’s pursuit of him through a decade-old fraud suit is a waste of taxpayer money, as the two sides prepare for a trial next month. The suit has “fallen apart” …

XL Appoints Turner as Lead Consultant for Complex Accounts Team

XL Group announced it has appointed Rob Turner as lead consultant to establish its Complex Accounts capabilities in London. The company said it set up its Complex Accounts team in 2012 because it saw the opportunity and the market requirement …

Validus Holdings Reports Net Income of $481.3 Million for 2014

Bermuda-based Validus Holdings Ltd. reported net income available to Validus of $125.9 million, or $1.38 per diluted common share, for the three months ended December 31, 2014, compared to $95.3 million, or $0.93 per diluted common share, for the three …

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