Monthly Archives: <span>March 2023</span>

Floods Kill 14 in Turkish Earthquake-Battered Provinces

ANKARA, Turkey (AP) — Floods caused by torrential rains hit two Turkish provinces that were devastated by last month’s catastrophic earthquake, killing at least 14 people and increasing the misery for thousands who were left homeless, officials said Wednesday. Interior …

Citgo’s Insurance Suit over Seized Venezuelan Oil Gets Go-Ahead

Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after Venezuelan authorities in 2020 seized almost a million barrels of its oil. US District Judge Gregory Wood on Wednesday denied …

Ohio Sues Norfolk Southern over Toxic Train Derailment

Ohio filed a lawsuit against railroad Norfolk Southern to make sure it pays for the cleanup and environmental damage caused by a fiery train derailment on the Ohio-Pennsylvania border last month, the state’s attorney general said Tuesday. The federal lawsuit …

Northeast Digs Out from Winter Storm, Faces Power Outages

CONCORD, N.H. (AP) — Parts of New England and New York were digging out of a nor’easter Wednesday that caused tens of thousands of power outages, numerous school cancellations and whiteout conditions on the roads. The storm began Monday night …

CCC: Heavier Vehicles, Distracted Drivers Impacting Claim Severity

US roadways are carrying heavier, more powerful vehicles operated by motorists who are older, driving faster and more often distracted, according to CCC Intelligent Solutions’ annual Crash Course report. Each of those factors has a bearing on the frequency and …

Senate Leader Schumer Urges Federal Safety Probe into Freight Railroads

WASHINGTON —U.S. Senate Majority Leader Chuck Schumer on Wednesday urged the National Transportation Safety Board to launch an investigation into safety practices of all seven major freight railroads, following the East Palestine, Ohio derailment. The companies, in addition to Norfolk …

Class Action Suit Filed Against Silicon Valley Bank Parent

A class action lawsuit is being filed against the parent company of Silicon Valley Bank, its CEO and its chief financial officer, saying that company didn’t disclose the risks that future interest rate increases would have on its business. The …

California Storm Blackouts Plunge Silicon Valley into Darkness

Utility workers raced to restore power to parts of central California, after the latest atmospheric river struck the state with heavy rain and blasting winds, plunging parts of Silicon Valley into darkness. Falling trees took down power lines and blocked …

Nevada Weather Emergency Continues; More Rain, Snow Coming

RENO, Nev. (AP) — Most of Nevada was under an emergency declaration Monday in anticipation of more rain, from California to Utah, and more heavy snow in the Sierra where repeated storms already have made it one of the snowiest …

Silicon Valley Bank’s Demise Disrupts the Disruptors in Tech

Silicon Valley Bank’s collapse rattled the technology industry that had been the bank’s backbone, leaving shell-shocked entrepreneurs thankful for the government reprieve that saved their money while they mourned the loss of a place that served as a chummy club …