Monthly Archives: <span>March 2020</span>

PG&E Wins Approval of $23 Billion Bankruptcy Financing Package

PG&E Corp. won bankruptcy court approval to use up to $23 billion in financing after California Governor Gavin Newsom dropped his opposition, clearing a crucial obstacle to the power company’s push to exit Chapter 11. U.S. Bankruptcy Judge Dennis Montali …

Lloyd’s of London Seeks Estimates For Coronavirus-Related Losses

Lloyd’s of London has asked its member firms to provide estimates of their potential current and final losses from coronavirus, a spokesman said on Tuesday, to help the insurance market understand its possible overall losses from the impact of the …

Uber, Lyft Suspend Pooled Rides to Limit Spread of Coronavirus

Uber Technologies Inc and Lyft Inc Tuesday began suspending shared rides on their ride-hailing platforms in the United States and Canada to limit the spread of the coronavirus. The pooled option, which allows riders to book trips at lower prices …

Business Asks Government to Act to Avert ‘Devastating’ Hit

WASHINGTON — The nation’s largest business organization is asking government leaders to act rapidly to help companies have access to cash and avert a “potentially devastating” hit to the economy as the coronavirus pandemic forces closures and quarantines worldwide. In …

Employers Navigate Virus Pandemic Without Firm Guidelines

NEW YORK — It started with extra hand sanitizer and wipes for keyboards and headphones. Then came the directive for employees to lug their laptops home every night just in case. Finally, the memo arrived urging all employees to work …

District Settles For $475K After Teacher Punched Boy, 9

ESPANOLA, N.M. — A New Mexico school district has agreed to pay $475,000 to settle a lawsuit filed by the family of a boy who was punched by a music teacher. The Santa Fe New Mexican reports a copy of …

Tugboat’s Collision With I-310 Bridge May Have Been 2nd Crash This Year

LULING, La. — A tugboat leading a train of barges of grain crashed into a Louisiana bridge, causing two of the barges to sink in the Mississippi River. The tugboat, identified as Cooperative Spirit, collided with the Luling Bridge early …

Circus Circus Faces Lawsuit Over 2019 Beating Death

RENO, Nev. — The husband of a California woman who was found beaten to death at a Nevada casino is suing the hotel and casino. An attorney for Robert Morris filed the lawsuit in Washoe County District Court in connection …

Restaurant Asks Court to Declare Coronavirus Shutdown Covered By Insurance Policy

A restaurant in the heart of the New Orleans tourism district filed a lawsuit on Monday asking a state judge to declare that its business-interruption policy will cover its damages if it is ordered to close by civil authorities in …

Tornado-Hit Tenn. Historic Buildings Face Difficult Choice

NASHVILLE, Tenn. — Property owners affected by the tornadoes earlier this month now face two options: rebuild or bulldoze. The storms damaged or destroyed hundreds of homes and businesses throughout Middle Tennessee. And historic buildings will require extra care. Just …