Monthly Archives: <span>June 2021</span>

JBS Meat Plants Reopen as White House Blames Russia-Linked Group Over Hack

WASHINGTON/CHICAGO — JBS SA employees started returning to U.S. meat plants on Wednesday, a day after the company’s beef operations stopped following a ransomware attack, disrupting meat production in North America and Australia. A notorious Russia-linked hacking group is behind …

Judge Dismisses Hundreds of Washington State Business Interruption Claims

A federal judge in Seattle has dismissed lawsuits filed by hundreds of Washington state businesses seeking insurance coverage for revenues lost because of COVID-19 public health orders. U.S. District Judge Barbara J. Rothstein on Friday granted insurers’ motions to dispose …

Pot Producers Are Pushing to Clamp Down on Delta-8 THC

A little-known substance derived from hemp is flying off the shelves of U.S. gas stations and smoke shops, offering users a cheap and convenient high even in states where marijuana isn’t legal. But large cannabis producers are now pushing to …

Tesla Drops Radar; Is Autopilot System Safe?

Tesla Inc has dropped radar sensors from its semi-autonomous driving system, Autopilot, raising concerns over the safety of the camera-only version, Tesla Vision. Tesla aims to make the driver-assist system fully self-driving, and many in that young industry are skeptical …

U.S. Supreme Court Rebuffs J&J Appeal Over $2B Baby Powder Judgment

WASHINGTON — The U.S. Supreme Court on Tuesday declined to hear Johnson & Johnson’s bid to overturn a $2.12 billion damages award to women who blamed their ovarian cancer on asbestos in the company’s baby powder and other talc products. …

Air Taxi Maker Archer Countersues Rival Over ‘False Statements’

Archer Aviation, a flying-taxi developer whose investors include United Airlines, asked a California judge on Tuesday to dismiss a “baseless” lawsuit by competitor Wisk Aero and countersued over “false statements” regarding a criminal probe. Archer and Wisk compete in the …

Private Company Takes Over Puerto Rico Power Company Service

SAN JUAN, Puerto Rico (AP) — A private company on Tuesday took over the transmission and distribution operations of Puerto Rico’s power authority, which has struggled with blackouts and bankruptcy, corruption and mismanagement. The takeover by Luma Energy under a …

U.S. Says Ransomware Attack on Meatpacker JBS Likely From Russia

CHICAGO/ABOARD AIR FORCE ONE — The White House said on Tuesday that Brazil’s JBS SA has informed the U.S. government that a ransomware attack against the company that has disrupted meat production in North America and Australia originated from a …

Chasing Yield, U.S. Private Equity Firms Nudge Up Risk on Insurers

NEW YORK — Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. …

Texas Supreme Ct. Approves Discovery for Documents Related to Medical Charges

The Texas Supreme Court ruled that a defendant in a personal-injury suit has a right to review documents regarding medical providers’ negotiated rates and costs even though the providers were not parties to the suit. The high court on Friday …