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

Apollo, Centerbridge Backed PG&E, Funded Loan to Firm Suing It

Two major investors in PG&E Corp. are also backing a loan to one of the law firms suing the bankrupt California utility on behalf of thousands of wildfire victims. Centerbridge Partners LP is the among the 20 biggest shareholders in …

Pandemic Job Actions May Push Renewed Labor Movement

Jordan Flowers never thought he would become a labor leader. Then the coronavirus forced him to risk his life every time he clocked in. The robotics operator at Amazon’s Staten Island warehouse helped lead one of the first walkouts at …

Coast Guard, Ripley Entertainment Criticized in Duck Boat Crash

LIBERTY, Mo. — A duck boat sinking on a Missouri lake that killed 17 people two summers ago likely would not have happened if the U.S. Coast Guard had followed recommendations to improve the safety of such tourist attractions, federal …

Macy’s Reopening 68 Stores, Targets All Within Six Weeks as U.S. Restrictions Loosen

NEW YORK — Macy’s Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of …

Swiss Re Swings to Q1 Loss as Coronavirus Outbreak Bites

FRANKFURT — Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus outbreak began to bite, it said on Thursday. The Zurich-based company booked a hit of $476 million for …

Consumer Groups Urge Lawmakers Against Shielding Businesses From Coronavirus-Related Lawsuits

U.S. consumer advocates are urging Congress to resist growing demands by companies for protections from coronavirus-related lawsuits as states start to ease pandemic restrictions and businesses begin to reopen. Led by Public Citizen and the Center for Justice and Democracy, …

JBS Reopens Pork Plant to Put Down Pigs, Dispose Of Carcasses, Not Produce Meat

CHICAGO, April 29 — Meat producer JBS said on Wednesday it was reopening a Minnesota pork plant shuttered by the pandemic to euthanize up to 13,000 pigs a day for farmers, not to produce meat for consumers. U.S. farmers have …

Claims Shops Offer New Services to Help Businesses Reopen

As businesses begin to reopen after weeks-long closures to slow the spread of coronavirus, claims management companies have adjusted their service offerings to smooth the transition. Sedgwick, for instance, in February began helping clients set up temperature screenings for essential …

Legal Protections Make Class-Action Suits Against Cruise Lines an ‘Uphill Battle’

After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so frantic to get off the ship, they wrote a note to the captain. The Costa Luminosa sailed on with them still …

Companies Seek to Limit Legal Liability For Virus Infections

As companies start planning their reopenings, business groups are pushing Congress to limit liability from potential lawsuits filed by workers and customers infected by the coronavirus. They appear to have the White House’s ear. President Donald Trump has floated shielding …