News

Buffalo Bishop Resigns Under Fire for Handling of Misconduct

NEW YORK — Bishop Richard Malone of Buffalo resigned Wednesday, forced to step aside amid mounting calls for his ouster from his staff, priests and public over his handling of allegations of clergy sexual misconduct. The Vatican said Pope Francis …

TPC to Rebuild Texas Chemical Plant Shut by Explosions, Fire

Petrochemical maker TPC Group Inc will rebuild the Texas plant shut last week by devastating explosions that ignited fires that burned for six days, a spokeswoman said on Wednesday. The last fire at the Port Neches plant was extinguished late …

Growing Group Seeks Local Takeover of PG&E

More than 110 Northern California city and county officials representing the majority of bankrupt PG&E Corp.’s customers are proposing to turn the utility giant into a customer-owned cooperative. The coalition led by the city of San Jose includes officials from …

U.S. Sanctions Russian Group ‘Evil Corp’ Over $100 Million Hack

The U.S. Treasury Department said it would sanction a Russian group known as “Evil Corp” and its leaders for cyber-thefts at hundreds of financial institutions around the world that total more than $100 million. The targets include the group’s leader, …

The Struggle to Sell a $225,000 Pile of Junk at Art Basel Miami

The artist Portia Munson is known for her very bright, very chaotic, more-is-more artworks filled with “ephemera,” which is often a polite way of saying “junk.” Her 1996 piece The Garden, a meditation on feminism and climate change, comprises more …

9th Circuit Finds Carrier Not Liable to Defend in Sexual Abuse Case

A federal appellate court reversed a ruling that would have forced a homeowner’s insurer to pay up to $300,000 in damages to a woman who had been sexually abused by its policyholder, despite exclusions in the policy for intentional acts. …

PG&E Is Near $13.5 Billion Deal With Wildfire Victims

PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, a key step toward resolving the biggest utility bankruptcy in U.S. history, according to people familiar with the matter. …

Surge of New Abuse Claims Threatens Church Like Never Before

NEW YORK — At the end of another long day trying to sign up new clients accusing the Roman Catholic Church of sexual abuse, lawyer Adam Slater gazes out the window of his high-rise Manhattan office at one of the …

Sources Say Saudi Aramco Pursues War Cover After Attacks

Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Aramco, the world’s largest oil company, has been looking …

Alibaba-Backed Startup Autox Applies for Driver-less Test Permit In California

Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in California, the first challenger to Alphabet Inc’s autonomous driving venture Waymo to say it has done so. If granted the …

News Archives by Month