June 27, 2019
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 …
June 27, 2019
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. …
June 27, 2019
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 …
June 27, 2019
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 …
June 27, 2019
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 …
June 26, 2019
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 …
June 26, 2019
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 …
June 26, 2019
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 …
June 26, 2019
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 …
June 26, 2019
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 …