News

Oil Companies Persuade States to Make Pipeline Protests a Felony

After protesters disrupted construction of an oil pipeline in North Dakota by chaining themselves to construction equipment and pitching tents along the route, oil and chemical companies found a way to keep it from happening again. They made it a …

PG&E Tumbles on Risk of Up to $18 Billion in Fire-Lawsuit Costs

PG&E Corp. shares plunged Monday after a judge ruled that a jury can determine whether it should pay as much as $18 billion in damages to wildfire victims. The California utility giant fell as much 28%, to $10.22, at 9:35 …

InsurTechs Push for Front Row Seat in New World of Autonomous Technology

Before manufacturers let autonomous vehicles loose on public roadways, they’ll have to show that their driverless cars are a lot better than humans at getting from Point A to Point B without crashing. The partially autonomous vehicles already on the …

Sex Abuse Lawsuits at 400 and Counting as New York Law Takes Effect

ALBANY, N.Y. — The Roman Catholic Church, the Boy Scouts, schools and hospitals, the late financier Jeffrey Epstein are some of the targets named in a flurry of sex abuse lawsuits filed Wednesday in New York as the state began …

Government Moves Toward Easing Drive-Time Rules for Truckers

WASHINGTON — The Trump administration took a key step Wednesday toward relaxing federal rules that govern the length of time truck drivers can spend behind the wheel, a move long sought by the trucking industry but opposed by safety advocates …

FDA Proposes Graphic Warnings on Cigarette Packs, Advertisements

The U.S. Food and Drug Administration has proposed that cigarette packs carry graphic new health warnings including pictures and text outlining lesser-known risks of smoking like bladder cancer and diabetes as well as lung cancer. The FDA said the proposed …

`Back-Loaded’ Hurricane Season Bearing Down on U.S. Coast

Don’t be lulled by a quiet June and July, the real Atlantic hurricane season is about to kick off. The hurricane season runs from June 1 to the end of November. But the next six weeks — “the season within …

PG&E Took 8 Months to Prune a Tree at Risk of Catching Fire

It was on July 12 — only after an inspector raised the alarm — that PG&E Corp. finally pruned a tree in a fire-prone area. Its leaves had already been singed as wind gusts blew them into a power line …

Edison to Face First Trial Over Woolsey Wildfire Claim in April

The first trial to determine if Edison International’s Southern California utility is liable for damages from the Woolsey wildfire that tore through Malibu last year will begin on April 27, a judge said. California Superior Court Judge William Highberger set …

Business News: Baron Weather, Root and Verisk, Aerie and Ventiv Technology

Root Joins Verisk Data Exchange Verisk, a data analytics provider, announced that Root Insurance has joined the Verisk Data Exchange. As a participating insurer, Root will gain access to driving data from consenting consumers to enhance its user-based insurance program, …

News Archives by Month