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

Cannabis Firms See Jump in Insurance Costs to Protect Leaders as Investors Sue

Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and misinformation, with more such action expected. Some …

Bayer Puts Part of Roundup Settlement on Hold

FRANKFURT — Bayer has agreed to delay part of a proposed settlement of allegations that its widely used weedkiller Roundup caused cancer after a U.S. judge questioned its plan to deal with future claims. The German company said on Wednesday …

CDC Says COVID-19 Hit Meat, Poultry Plant Workers Hard In April, May

The coronavirus outbreak took a heavy toll on workers at U.S. meat and poultry processing facilities, with more than 17,000 COVID-19 cases and nearly 100 deaths in April and May, according to a report from the Centers for Disease Control …

Bank of England Worried About Business Interruption Insurance Claims

LONDON — The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing policies cover big losses …

Movie Theater Chains Sue New Jersey Over Coronavirus-Related Closures

Six movie theater chains, including AMC Entertainment, Cinemark and Regal Cinemas, have sued New Jersey Governor Phil Murphy for refusing to let them resume operations, even after allowing churches, retailers and indoor shopping malls to reopen during the coronavirus pandemic. …

Viewpoint: Nature-Based Flood Mitigation Can Help Mississippi River Farmers

The 2019 flooding of the Mississippi, Missouri and Arkansas Rivers in the United States impacted 19 states and caused $20 billion in losses. Waters in Baton Rouge, Louisiana stayed above flood levels for 211 days, longer than any flood in …

Bayer’s Roundup-Cancer Settlement Plan Hits Snag

Bayer AG’s plan for handling future Roundup cancer claims hit a snag when the judge asked to oversee the yet-to-be filed lawsuits over the popular weedkiller expressed skepticism about the proposal’s legal validity. U.S. District Judge Vince Chhabria wrote in …

Toyota, Others Seeing Prolonged Disruption From Heavy Rains

Toyota Motor Corp. will extend its factory stoppage through part of Wednesday as the impact of heavy rains in southern Japan continues to ripple through manufacturing facilities in the region. Toyota Kyushu’s Miyata, Karita, Kokura plants will remain closed Wednesday …

Dakota Pipeline Investors Could Face Major Hit After Adverse Ruling

BOSTON/DENVER — Large investors in the Dakota Access Pipeline, including Phillips 66, could be on the hook for hundreds of millions in payments, after a U.S. court on Monday ordered the shutdown of the major artery. The U.S. District Court …

California Crews Scramble to Douse Blazes From Fireworks

SAN FRANCISCO — Firefighters scrambled to douse grass and structure fires sparked by illegal Fourth of July fireworks across California. The city of San Francisco saw at least 100 fires between 3 p.m. and 11:30 p.m. Saturday, the San Francisco …