Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
$1.5B Settlement in Syngenta Modified Corn Seed Lawsuit
Mar 14 2018 // A $1.5 billion settlement was reached in a class-action lawsuit covering tens of thousands of farmers, grain-handling facilities and ethanol plants that sued Swiss agribusiness giant Syngenta over its introduction of a...
Judge to Decide on Evidence to Allow in Monsanto Product Liability Litigation
Mar 14 2018 // Picture Iowa farmers bathing in Roundup weed killer. That was a federal judge’s takeaway after seeing slides that “sort of seared into my brain” that the main chemical in Monsanto Co.’s Roundup is...
Nepal Plane Crash Followed Confused Chatter Between Pilot, Control Tower
Mar 14 2018 // “I say again, turn!” the air traffic controller called over the radio, his voice rising, as the flight from Bangladesh swerved low over the runway at Kathmandu’s small airport. Seconds later, the plane...
National Hurricane Center Updates Hurricane Irma Death Toll
Mar 14 2018 // The death toll from Hurricane Irma’s catastrophic rampage across the Caribbean and the southeastern U.S. has risen to 44 fatalities directly caused by its strong winds and heavy rains, plus 85 fatalities indirectly...
U.S. Population Trends: Elders to Outnumber Youth; More Ethnic, Racial Diversity
Mar 14 2018 // There will soon, within a few decades, be an important demographic turning point in U.S. history. By 2035, there will be 78.0 million people 65 years and older compared to 76.4 million under the age of 18, according to the...
What Cyber Insurance Industry Learned from 2017 Hacks
Mar 13 2018 // The NotPetya, WannaCry and Equifax hacks of last year were evidence that the U.S. insurance industry has been ill-prepared to handle a large cyber attack and needs to up its game. However, as a consequence of the attacks...
Yahoo to Face Lawsuit Over Breach of 3 Billion Users’ Data
Mar 13 2018 // Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. In a decision on Friday...
S. Africa Class Action Planned Against Food Producer Tiger Brands After Listeria Outbreak
Mar 12 2018 // A human rights lawyer plans to launch a class action lawsuit against South African food producer Tiger Brands on behalf of the families of people who died and those affected by the worst listeria outbreak in history. South...
Vehicle Recalls in U.S. Fell in 2017 After 3 Years of Record High Levels
Mar 12 2018 // U.S. motor vehicle recalls fell to 30.7 million in 2017, the lowest level since 2013, the National Highway Traffic Safety Administration said on Thursday, after a record 53 million were recalled in 2016 when a callback...
Judge Says Trial Over Opioids May Be Necessary
Mar 9 2018 // A federal judge pushing for a settlement in lawsuits by state and local governments against drug companies over their roles in the U.S. opioid epidemic said on Wednesday that trials may be needed after both sides...
Arctic Has Warmest Winter with Sea Ice at Record Lows: Weather Data
Mar 9 2018 // Winter at the top of the world wimped out this year. The Arctic just finished its warmest winter on record. And sea ice hit record lows for this time of year, with plenty of open water where ocean water normally freezes...
Cigna to Buy Pharmacy Benefits Manager Express Scripts for $52 Billion
Mar 8 2018 // U.S. health insurer Cigna Corp. struck a $52-billion deal to buy pharmacy benefits manager (PBM) Express Scripts Holding Co on Thursday, looking for new ways to hold onto their profits as the industry faces greater...
La Niña Has 55% Chance of Waning During March-May, Says National Weather Service
Mar 8 2018 // The current La Niña phase of the climate cycle will most likely transition during the March-May season to ENSO-neutral conditions, a U.S. government weather forecaster said on Thursday, a development that brings...
Rewrite of Senate Banking Bill Tough for Wall Street Banks
Mar 8 2018 // Wall Street banks don’t have much to celebrate in what’s probably the final version of a bill easing financial rules that is headed for a U.S. Senate vote. Late Wednesday, Senate Banking Chairman Mike Crapo, an...
S&P Places AXA on CreditWatch Negative over Its Plans to Buy XL Group for $15.3B
Mar 7 2018 // S&P Global Ratings placed France’s AXA on CreditWatch with negative implications over its planned $15.3 billion purchase of XL Group Ltd. The ratings agency said it is worried about what the mega-deal could do to...
For U.S. Doctors, Being Sued Is Common Ailment
Mar 7 2018 // Getting sued is not an uncommon event for physicians. More than a third of physicians (34 percent) have had a claim filed against them at some point in their careers. Also, according to research from the American Medical...
Tax Law Will Benefit U.S. P/C Insurers, Says Moody’s
Mar 7 2018 // The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies, which will boost profitability for many of these firms, particularly those that have been paying high effective tax rates. The Trump...
How Cyber FICO Ratings Could Benefit Insurance Underwriting
Mar 7 2018 // Nearly 30 years ago the Fair Isaac Corp. (FICO) first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market participants to facilitate...
Drugmakers Scale Back Marketing of Opioids
Mar 6 2018 // Purdue Pharma LP’s decision to stop promoting its opioid drugs to doctors is being hailed as the first result of a judge’s push for concrete solutions to a nationwide epidemic, even though the company says the...
Kobe Steel CEO to Resign Over Data Fraud Scandal as Report Finds More Cases
Mar 6 2018 // Kobe Steel Ltd said on Tuesday its CEO will step down to take responsibility for a widespread data fraud scandal, although doubts remain over a corporate culture mired in malfeasance and the possibility of future...
