Monthly Archives: <span>September 2016</span>

Former Verizon Worker in Alabama Accused of Selling Customer Phone Records

A former Verizon Wireless technician is accused of using the company’s computers to obtain customers’ private call records – plus data showing where customers’ phones were – and then selling them to an unnamed private investigator, federal prosecutors said. Daniel …

Facebook Claims ‘Zero Tolerance’ for Terrorist Activity

Lawyers for Facebook Inc. on Tuesday sought to assure a U.S. judge overseeing lawsuits by victims of militant attacks in the Middle East that it took a “zero tolerance” approach to any communications that may promote terrorist threats or activity. …

Aetna Offering Discounts on Apple Watch for Health Monitoring

Aetna Inc. will give some customers and employees discounts on Apple Inc.’s smartwatch, offering the potential that incentives from the insurance industry could boost sales of the technology giant’s wearable device. The health insurer, which covers about 23 million people …

Firms Should Look Closely at Data Practices, New York Conference Panelists Say

Panelists at the 2016 Professional Liability Underwriting Society (PLUS) Cyber Liability Symposium held Tuesday at the Hilton Midtown in New York City urged companies to take a closer look at data aggregation practices as regulators have begun to take a …

USGS: Quake Swarm Jostled Part of Southern California

A series of minor earthquakes rattled a rural area of Southern California near the U.S.-Mexico border this week, the U.S. Geological Survey reported. No injuries or damage were reported after more than 35 temblors struck in the morning in what …

Takata Takeover Deals Scrutinized for Handling of Recall, Liability Costs

Takata Corp. and some of the world’s biggest carmakers face an extensive — and expensive — to-do list as they try to resolve the worst safety crisis in the auto industry’s history. Executives for the Tokyo-based maker of air bags …

Deutsche Bank Sells Insurance Unit to Britain’s Phoenix Group

Deutsche Bank AG has sold its British insurance business Abbey Life to Phoenix Group Holdings as it sheds non-core assets and reduces its balance sheet in an effort to reassure anxious investors and meet regulators’ demands. Phoenix, Britain’s largest owner …

Merlin Admits Liability; British Court Levies Fine in Rollercoaster Accident

A British court fined Merlin Entertainments 5 million pounds ($6.5 million) on Tuesday over a rollercoaster crash at its Alton Towers theme park in June last year that seriously injured five people. Merlin, the world’s second-biggest visitor attractions group behind …

Investors Urge Food Giants to Lessen Meat Reliance to Lower Risk

A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. The investors, …

Drought Conditions and Low Water Supply Raise Fire Concerns in Rhode Island

Fire officials in Rhode Island say water sources that continue to dry up amid ongoing drought conditions in southern New England are raising safety concerns. Tiverton fire Capt. Bruce Reimels tells WLNE-TV the town has just four dry hydrants and …