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

ECB Says One of Its Websites Was Hacked, Data Possibly Captured

The European Central Bank said one of its websites was hacked by unauthorized people who may have stolen private information including contact data. According to an emailed statement, hackers installed malware onto an external server that hosts the Banks’ Integrated …

FAA Poised to Reject New Simulator Training Before 737 Max Flies

U.S. aviation regulators are increasingly convinced they don’t need to mandate new simulator training for pilots of Boeing Co.’s 737 Max before returning the grounded jet to service, according to people familiar with the discussions. Pilots would be required instead …

Nuclear Plant Where U.S. Flirted With Its Own Chernobyl to Close

It started with a pump failure early on the morning of March 28, 1979. Steam generators were unable to draw heat out of a reactor at the Three Mile Island nuclear power plant in Middletown, Pennsylvania. While an emergency shutdown …

PG&E Outside Inspectors Find Tree Hazards That Were Overlooked

PG&E Corp.’s court-appointed compliance monitor concluded the utility isn’t trimming trees that pose wildfire threats in high-risk areas of California and didn’t train its contractors properly. The monitor, Mark Filip, on Wednesday wrote to U.S. District Judge William Alsup, saying …

Damage Claim Hinges on Whether ‘Feral Cats’ are Domestic

Some bears can balance balls on their noses and some elephants can perch on pedestals, but that doesn’t make them domestic animals. On that principle, the Arizona Court of Appeals revived a claim against State Farm Fire and Casualty Co. …

GEICO Gets Progressive, Joins Auto Insurers Offering Telematics

Berkshire Hathaway’s GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting for years. GEICO has been one of the few among the top 10 largest personal auto insurance carriers without a …

Victims of Child Abuse Expected to Launch Wave of Lawsuits in New York

NEW YORK — More than a thousand people are expected to file civil lawsuits in New York courts beginning today over sexual abuse they say they suffered as children during a special one-year window for state suits over decades-old allegations. …

Cattle Producers Concerned About Effects From Tyson Fire

HOLCOMB, Kan. — A fire which indefinitely closed a Tyson meat processing plant in Holcomb could disrupt already strained processing operations, sparking fears from cattle producers who braced for tumbling market prices. Tyson has said it will reopen the plant …

Expat Pilot Turns Self-Styled Whistle-Blower After 737 Max Crash

When he heard about the crash, Ethiopian Airlines captain Bernd Kai von Hoesslin said he felt a wave of anger, then nausea. It was March 10 when the Ethiopian 737 Max 8 went down and von Hoesslin was in a …

Hedge Funds Buy Almost $500 Million in Claims From PG&E Vendors

Bankrupt utility giant PG&E Corp. owes a lot of money to a lot of businesses. A tree-trimming service. A California car dealership. A laundromat. Construction contractors galore. Now, hedge funds including Olympus Peak Asset Management LP and Whitebox Advisors LLC …