All three of California’s investor-owned utilities have now signed off on the creation of a $21 billion wildfire fund that any one of them could tap the next time a power line sparks a catastrophic blaze. PG&E Corp., which was …
Uber and Lyft suffered a setback in their months-long fight against rules that could force them to reclassify California drivers as employees. The ridesharing companies, along with other businesses that depend on gig-economy work, have been talking with unions about …
One day in January 2015, Heather Oberdorf took her dog for a walk, using a $20 retractable leash she had bought from Furry Gang, a third-party seller on Amazon. It did not go well: her dog lunged, causing the collar …
Allergan Plc will stop selling some breast implants after the U.S. Food and Drug Administration said that textured implants had been associated with a rare type of blood cancer. Allergan’s textured Biocell saline-filled and silicone-filled breast implants and tissue expanders …
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has added to its employee benefits practice with the acquisition of Gerard B. Tracy Associates Inc. Based in Fairfield, Conn., Gerard B. Tracy Associates Inc. was founded in …
Massachusetts Governor Charlie Baker says he’ll seek a federal disaster declaration to support cleanup and recovery efforts on Cape Cod after a tornado and high winds caused extensive damage and knocked out power to tens of thousands. The Republican on …
The Charles Schwab Corp. has agreed to acquire assets of USAA’s investment management company, including brokerage and managed portfolio accounts, for $1.8 billion in cash. The companies have also agreed to enter into a long-term referral agreement that will make …
The Occupational Safety and Health Administration has fined Newport News Shipbuilding more than $13,000 for a safety violation after investigating the death of an employee. However, the violation was unrelated to the death. The Daily Press of Newport News reports …
A bank dropped its objection on Tuesday to Philadelphia Energy Solutions Inc’s initial bankruptcy requests after the two sides struck an agreement over the terms of new financing. PES filed for Chapter 11 bankruptcy protection on Sunday after a fire …
Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control. The global market for advanced driver assistance systems, known …
