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

Three Women Allege Harassment at Tech Startup

Asya Bradley stayed late for a meeting at the office of the startup where she worked last year, when her boss became so angry that he threw a notebook and a phone across the table, according a lawsuit she filed …

PG&E Wins Court Sign-Off on Fire Deals, Now Faces Governor

PG&E Corp. won court approval for two multibillion-dollar wildfire settlements that will serve as the centerpiece of the bankrupt utility giant’s restructuring plan. It’s still working on winning over California’s governor. On Tuesday, the judge overseeing PG&E’s Chapter 11 case …

U.S. May Be on Hook for $1 Billion to Cover Harvey Damage

The U.S. government may be on the hook for as much as $1 billion after a federal judge found it responsible for the flooding of thousands of homes and businesses in Houston during Hurricane Harvey in 2017. U.S. District Judge …

Mass. High Court Upholds Consent-to-Settle Clause in Malpractice Policy

Massachusetts’ highest court on Monday rejected arguments that consent-to-settle clauses in professional malpractice insurance policies violate public policy. The Supreme Judicial Court sided with CNA subsidiary Continental Casualty Co. in an engineering malpractice lawsuit brought against homeowners Douglas and Kristen …

Finance’s Final Frontier? British Watchdog Probes Data Sharing

LONDON — Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and consumer credit to increase innovation and choice. ‘Open banking’ rules already allow payment …

Toyota to Use Advanced Self-Driving Tech in Commercial Vehicles First

Toyota Motor Corp plans to first deploy advanced self-driving features in commercial vehicles before adding them to cars meant for personal use, a senior official at the Japanese auto major said on Tuesday. It will be easier to apply self-driving …

Winter Storm Kills 4 in Mo., Smothers Kansas in Snow

At least four-people have been killed in weather-related crashes in Missouri and numerous school districts called off classes after a storm dumped from 3 to 9 inches across a large swath of the state. Much of the state was under …

Satellite Detects Methane Escaping from Gas Well Explosion

WASHINGTON — Scientists said on Monday that for the first time, a satellite on a routine global survey identified and measured methane gas escaping from a gas well explosion, a tool that could be important in efforts to curb climate …

PG&E Removes California Governor From $13.5 Billion Fire Deal

Bankrupt utility giant PG&E Corp. has removed a requirement that California Governor Gavin Newsom sign off on its settlement with wildfire victims, trying to buy more time for its restructuring plan. PG&E reached an agreement Monday with representatives of the …

Sacklers Withdrew $10 Billion Out of Purdue, Report Finds

Opponents of the Sackler family’s offer to settle opioid lawsuits against Purdue Pharma LP for about $10 billion say a new report showing the clan withdrew more than that out of the drugmaker over the last decade confirms their reasons …