December 18, 2020
Before this week, few people were aware of SolarWinds, a Texas-based software company providing vital computer network monitoring services to major corporations and government agencies worldwide. But the revelation that elite cyber spies have spent months secretly exploiting SolarWinds’ software …
December 18, 2020
BRUSSELS (AP) — The European Union’s top court ruled on Thursday that Volkswagen breached the law by installing on its cars a so-called defeat device to cheat on emission tests and cannot argue it was merely protecting car engines. The …
December 18, 2020
OMAHA, Neb. (AP) — The federal government must pay some landowners along the lower Missouri River for flooding damage caused by changes the Army Corps of Engineers made to the river to protect endangered species, a judge has ruled. The …
December 18, 2020
Two of the owners of the company that makes OxyContin acknowledged to a congressional committee on Thursday that the powerful prescription painkiller has played a role in the national opioid crisis but stopped short of apologizing or admitting wrongdoing as …
December 18, 2020
SAN FRANCISCO — Microsoft was breached in the massive hacking campaign disclosed by U.S. officials this week, according to people familiar with the matter, adding a top technology target to a growing list of vital government agencies. The Redmond, Washington, …
December 18, 2020
Commercial auto is one of the biggest, most problematic cost centers in the insurance industry. Its loss ratios are incredibly high — and growing — particularly in comparison with other P&C lines. This makes it hard for carriers to make …
December 17, 2020
For years, U.S. officials have warned about the dangers of cyber-attacks involving the electronics supply chain. This week’s revelation that a growing number of federal agencies were breached in a widespread attack by suspected Russian hackers shows how little they …
December 17, 2020
French construction giant Vinci SA faces allegations it’s partly to blame for the degradation of the armor installed on New York City’s Kosciuszko Bridge to protect against terrorist attacks and accidents. Hardwire LLC, a Baltimore company that bid unsuccessfully on …
December 17, 2020
Exxon Mobil Corp. told a judge that a fraud lawsuit filed by Massachusetts last year amounts to illegal punishment for the energy giant’s views about fossil fuels, the latest twist in their bitter clash over climate change. The suit by …
December 17, 2020
LONDON — Lloyd’s of London is scaling back its exposure to coal and oil sands, the commercial insurance market said in its first sustainability report on Wednesday, in a reversal of its traditional hands-off approach to climate change strategy. Lloyd’s …