Monthly Archives: <span>April 2019</span>

Investigators to Begin Hunt for Cause of Texas Petrochemical Disaster

U.S. investigators hope this week for the first time to enter the site of a massive fuel fire and chemical spill outside Houston to begin the hunt for a cause and to determine whether the operator followed safety regulations. The …

Boeing Says It Needs More Time to Complete 737 Max Software Fix

Boeing Co. says it needs more time to finish a software upgrade for its grounded 737 Max jetliners as company engineers update a stall-prevention system linked to two fatal crashes in five months. The planemaker said last week it would …

Omaha Officials Reevaluate Flood-Control Measures

OMAHA, Neb. — Officials in the Omaha area are reevaluating the city’s flood-control measures, shortly after heavy rains caused dozens of counties and cities in the state to declare a state of emergency. A flash flood event caused by heavy …

Swiss Drugmaker Novartis Must Face Doctor Kickback Suit

NEW YORK — Novartis AG must face a U.S. government lawsuit accusing it of paying millions of dollars in kickbacks to doctors so they would prescribe its drugs, after a federal judge ruled in a decision released on Monday that …

Rule Would Ease Companies’ Liability for Franchisee Wage Violations

The U.S. Department of Labor on Monday issued a proposal that would make it more difficult to prove companies are liable for the wage law violations of their contractors or franchisees, a top priority for business groups. If adopted, the …

New York Lawsuit Seeks Sackler Family Investments Abroad

A New York state lawsuit is renewing longstanding questions about where some members of the billionaire Sackler family have invested the wealth they amassed from Purdue Pharma LP, the drugmaker accused of helping ignite the U.S. opioid epidemic. One place …

Art Dealer Pays $4.2 Million to Settle `Fake’ Old Master Dispute

Art dealer Mark Weiss and his company have paid $4.2 million to settle a lawsuit with Sotheby’s auction house after an Old Master painting he once owned got caught up in a forgery scandal that shocked the art world. Details …

New Orleans Sue Several Oil, Gas Firms over Coastal Erosion

NEW ORLEANS — The City of New Orleans is suing several oil and gas companies over coastal erosion. Mayor Latoya Cantrell on Friday announced the lawsuit, which alleges that pipeline work has caused massive damage to Louisiana’s wetlands and “threatened …

Regulators Knew before Crashes that 737 MAX Trim Control was Confusing

SINGAPORE — U.S. and European regulators knew at least two years before a Lion Air crash that the usual method for controlling the Boeing 737 MAX’s nose angle might not work in conditions similar to those in two recent disasters, …

Ethiopian Crash Could be Largest Non-War Aviation Reinsurance Claim: Willis Re

LONDON — Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, hitting reinsurers’ profitability, reinsurance broker Willis Re said. The crash of …