NEW YORK — Duracell, the battery unit of Warren Buffett’s Berkshire Hathaway Inc, sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that its Energizer MAX batteries last up to 50% longer than other alkaline batteries. The …
It’s no longer just California shutting off power in high-risk fire zones. Oregon’s Portland General Electric Co. on Monday temporarily turned off power for about 5,000 customers near Mt. Hood, as California utility giant PG&E Corp. did the same in …
Boeing Co. has slowed deliveries of its 787 Dreamliner as crews check for a new manufacturing flaw involving gaps in the horizontal stabilizer, the small wing in the aircraft tail. The company also is inspecting newly built Dreamliners for slight …
Gold Medal International is sitting on millions of dollars worth of socks at its North Carolina warehouse that it can’t ship to stores. The reason? The 66-year-old family-owned sock maker can’t get enough credit insurance to cover potential losses if …
COLOMBO, Sri Lanka — Sri Lanka’s government is sending scientists to determine whether a three-day fire on a giant oil tanker off its coast damaged the marine environment, an official said Monday. Ships and helicopters from Sri Lanka and neighboring …
SHAVER LAKE, Calif. — Rescuers in military helicopters airlifted 207 people to safety over the weekend after an explosive wildfire trapped them in a popular camping area in California’s Sierra National Forest, one of dozens of fires burning amid record-breaking …
Another federal court has dismissed a COVID-19 business interruption lawsuit, finding that a closure order does not constitute a covered “direct physical loss” and that the policy excluded damages caused by viruses anyway. The ruling by the U.S. District Court …
A painting by American artist Robert Spencer, missing since 1995, was recovered after a Pennsylvania art museum included it in an exhibit. Christopher A. Marinello, owner of Art Recovery International, said one of his researchers spotted a notice in November …
Hundreds of COVID-19 lawsuits have been filed across the country and business leaders say liability immunity is necessary in order to protect against abusive and meritless lawsuits. The stakes are high. Big and small businesses alike are targets for opportunistic …
As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is giving them an odd financial break. Many companies that were damaged or evacuated because of natural catastrophes …