February 3, 2020
WASHINGTON — A flurry of newly released emails from scientists and top officials at the federal agency responsible for weather forecasting clearly illustrates the consternation and outright alarm caused by President Donald Trump’s false claim that Hurricane Dorian could hit …
February 3, 2020
Jeff Bezos was sued for defamation by his girlfriend’s brother in a lawsuit accusing the Amazon.com Inc. chief executive officer of falsely claiming the brother provided lurid photographs to the National Enquirer. The lawsuit was filed late Friday in Los …
January 31, 2020
All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits over the company’s purchase of SolarCity, according to court filings. Insurers covering Tesla’s directors and executives will foot the bill …
January 31, 2020
I shudder at the thought that an algorithm developed by artificial intelligence will allow the insurance industry to no longer spread the risk among all policyholders, but stick it to the few whom the data points identify as the most …
January 31, 2020
U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said. With less insurance coverage for physical damage and business interruption, energy companies …
January 30, 2020
Johnson & Johnson was ordered to pay $344 million for misrepresenting the risks of vaginal-mesh implants to consumers in California, the first state to bring its claim against the company to trial after thousands of U.S. women sued and some …
January 30, 2020
Online insurance startup Policygenius raised $100 million from investors including KKR & Co. and venture capital operations backed by Axa SA, Massachusetts Mutual Life Insurance Co. and Transamerica. The company has annual revenue of $60 million, which is 10 times …
January 30, 2020
Senator Lindsey Graham, a top Trump ally, is targeting giant internet platforms with a child protection measure that could threaten tech companies’ use of encryption and a liability exemption they prize. The draft bill from Graham, the South Carolina Republican …
January 30, 2020
Pilots on a Republic Airways Services Inc. flight leaving Atlanta in November lost the ability to raise and lower their Embraer SA EMB-175’s nose, a failure reminiscent to what helped lead to the two 737 Max crashes, investigators said on …
January 29, 2020
The Interior Department is banning non-emergency flights of its fleet of 810 drones as it reviews national security concerns about the Chinese-made devices. The restrictions were outlined in an order signed Wednesday by Interior Secretary David Bernhardt that doesn’t name …