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Official: Driver in Motorcycle Wreck Should’ve Lost License

CONCORD, N.H. — The head of the Massachusetts motor vehicle division has resigned for failing to terminate the commercial driving license of man whose collision with a group of motorcyclists in New Hampshire left seven dead. Volodymyr Zhukovskyy, 23, on …

Airlines Urge Regulators to Return 737 Max to Service

Airlines on Thursday urged global regulators to coordinate on measures needed to bring the grounded 737 MAX jetliner back into service, as Boeing grappled with a new technical glitch and investors sold shares of suppliers over fears of more disruption. …

Bayer Surges as Elliott Sparks Hope of Roundup Settlement

Bayer AG rose the most in a decade after hiring a high-profile lawyer to fight a slew of cases over its Roundup weedkiller and receiving a major vote of confidence from Elliott Management Corp. Bayer’s moves to bolster its response …

FAA Finds New Risk on 737 Max and Orders Boeing to Make Changes

Tests on Boeing Co.’s grounded 737 Max have revealed a new safety risk unrelated to two fatal crashes that led to the grounding of the aircraft, and U.S. regulators are ordering the company to make additional design changes. The Federal …

Munich Re Tool Allows Fast Post-Disaster Damage Assessments

Munich Re had teamed up with a unit of the National Insurance Crime Bureau to offer insurance carriers an analytics tool that can quickly assess property damage after natural catastrophes and speed up claims payments. Roman Buegler, head of Munich …

Iranian Hackers Wage Cyber Campaign Amid Tensions with US

WASHINGTON — Iran has increased its offensive cyberattacks against the U.S. government and critical infrastructure as tensions have grown between the two nations, cybersecurity firms say. In recent weeks, hackers believed to be working for the Iranian government have targeted …

Fate of Opioid Litigation Hinges on Government ‘Police Power’

The fate of thousands of lawsuits seeking to hold drugmakers responsible for fueling the U.S. opioid epidemic hinges in part on a thorny legal question: Can a company use a bankruptcy to stop lawsuits from cities and states? U.S. Bankruptcy …

Philadelphia Energy Solutions Seeks to Shutter Oil Refinery

Philadelphia Energy Solutions (PES) will seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, the mayor confirmed on Tuesday after two sources told Reuters about the plans. A Philadelphia …

Justice Dept. Probes Claims of Poultry Price-Fixing

The U.S. Justice Department has opened a criminal investigation into allegations that chicken processors, including Tyson Foods Inc., Pilgrim’s Pride Corp. and Sanderson Farms Inc., conspired to fix prices. Prosecutors disclosed the grand jury probe in a court filing Friday …

Harvard Invests in Litigation Strategy That Has Posted Big Gains

Harvard University is committing more capital to a strategy that backs plaintiffs in commercial disputes, delivering robust uncorrelated returns. The strategy is run by IMF Bentham Ltd., a publicly traded company which last week finished raising $500 million for a …

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