Monthly Archives: <span>February 2024</span>

Honda Recalls 750,000 Vehicles Over Air Bag Defect

Honda Motor Co said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air bags which could deploy unintentionally during a crash. The front passenger seat weight sensor may crack and short circuit, failing …

CoreLogic: California Storms Put 543K Homes at Risk of Flash Flood Damage

CoreLogic estimated that across the greater Los Angeles area, nearly 543,000 single- and multifamily homes with a combined reconstruction cost value (RCV) of more than $258 billion are at risk of flash flood damage. Reconstruction cost value is the cost …

Newer, Elevated Structures Had Much Smaller Flood Claims in Ian, FEMA Says

Hurricane Ian caused extensive damage in southwest Florida, with more than 37,000 National Flood Insurance Program claims, making it the fourth-most expensive flood disaster in U.S. history, says a new report from the Federal Emergency Management Agency. As other studies …

California Faces Renewed Flood Risk as Deadly Storm Drops More Rain

The risk of flash flooding and landslides persists for 21 million people across California as rains from a deadly atmospheric river keep falling throughout the day. Flood watches continue across Southern California, where about an additional 0.5 to 0.75 inch …

Bayer Loses Roundup Appeal in Blow to Bid to End Litigation

Bayer AG suffered a blow to its efforts to put a lid on the expensive and long-running litigation over its Roundup weedkiller, as a US appeals court ruled against it. In an opinion Monday, the 11th US Circuit Court of …

U.S. Research Foundation Files Lawsuit Against Japan’s JSR

A New York university-connected research foundation has filed a lawsuit against Japan chip materials maker JSR 4185.T, court documents show, saying the company has commercialized its technology without permission. JSR is a top manufacturer of photoresists, which are chemicals used …

CBI Settles Legal Action by Ex-Boss After Misconduct Scandal

Britain’s most prominent business group, the Confederation of British Industry, has reached a settlement with its former chief Tony Danker who was dismissed following complaints of workplace misconduct. Danker was sacked as director general of the CBI last April after …

A Johnson & Johnson Worker Alleges Company Overpaid for Drugs

Johnson & Johnson was sued by an employee who said the company’s health plan wasted workers’ money by paying inflated prices for prescription drugs. In one instance, the health plan agreed to pay more than $10,000 for a drug to …

Contractor Reaches $25M Settlement in Flint, Michigan Water Crisis Suit

]A second contractor has reached a $25 million settlement over its role in Flint, Michigan’s lead-contaminated water scandal. The class-action litigation agreement includes payments of $1,500 for individual minors, according to Boston-based Veolia North America. The company says the agreement …

AccuWeather: Preliminary Damage and Loss from California Storms $9-$11B

The preliminary total damage and economic loss from the intense storms and record rainfall in California this week will be between $9 billion and $11 billion, according to AccuWeather estimates released on Monday. The atmospheric river hit California Saturday and …