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Oil Tanker Insurance Costs to Jump After Gulf Attacks

Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels. Both owners and the companies that charter their ships paused bookings on Thursday as …

Musicians Lament Reported Loss of Records in Universal Fire

LOS ANGELES — Several big-name musicians voiced dismay on Wednesday that some of their recordings may have been among thousands of original masters that The New York Times Magazine reported were lost in the Universal Studios Hollywood backlot fire of …

Cult Economist Jailed for Hiding Rare Coins Says They’re His Now

The 58 rare coins at the center of two federal lawsuits are exceptionally valuable. Now a bankrupt company’s receiver wants them. And an antique dealer wants them. And so does Martin Armstrong, a self-taught economist with a cult following who …

State Farm Moves Auto Telematics into ‘Real Time’

The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip instead of waiting for a periodic score card. State …

Green Groups Ramp Up Legal Attacks on Federal Oil Leases

U.S. environmental groups fighting fossil-fuel development made headlines years ago with public demonstrations against big pipeline projects including the Dakota Access and the Keystone XL – only to be steamrolled by President Donald Trump’s executive orders to approve them. Now …

Agency: Safeguards Failed in Fire that Killed 5 at Gas Well

OKLAHOMA CITY — The failure of safety devices designed to prevent blowouts contributed to an explosion and fire that killed five workers last year at a southeastern Oklahoma natural gas well, according to a federal agency’s report Wednesday that also …

What Happens When You Unexpectedly Buy That $20 Million Painting

Just 15 months after Peter Doig’s “The Architect’s Home in the Ravine” fetched $20 million at Sotheby’s, the landscape is back on the market. Displayed at the Gagosian booth this week at Art Basel with an asking price of $25 …

Travelers Bulks Up Wildfire Protection After Deadly 2018 Blazes

Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year. The insurer is adding a service to all of its California home and landlord policies, helping customers prepare their property for a fire by different …

Oil Tanker Insurance Costs to Jump After Gulf Attacks

The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region in just over a month underscored escalating tensions in the oil-exporting region. A so-called “additional …

J&J, Colgate Ordered to Pay Almost $10 Million in Talc Case

Johnson & Johnson and Colgate-Palmolive Co. must pay almost $10 million to a dying California woman who blamed the companies’ talc-based products for her rare cancer. The jury verdict in state court in Oakland is another setback for J&J, the …

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