Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Wells Fargo Facing Suit by Employees Over Retirement Funds Management
Nov 28 2016 // Wells Fargo & Co. faces a new U.S. lawsuit claiming that it funneled more than $3 billion of employee retirement savings into expensive, underperforming proprietary mutual funds to enrich itself. The proposed...
Smartphone Makers Reject Obama Call for Restrictions to Curb Distracted Driving
Nov 28 2016 // U.S. highway safety officials called on smartphone makers to add features that would keep motorists from using functions linked to a surge in deaths due to distracted driving, a proposal that drew immediate opposition from...
Judge Blocks Obama’s Overtime Pay Raise for White Collar Workers
Nov 23 2016 // An Obama administration policy that would have given more white-collar workers overtime starting Dec. 1 was blocked nationwide by a federal judge in Texas. The decision Tuesday is a victory for 21 states and dozens of...
U.S. Senator Wants Federal Investigation Into Florida’s Use of Driver Records
Nov 23 2016 // U.S. Sen. Bill Nelson wants a federal investigation of how Florida uses the personal information of its 15 million licensed drivers. The Florida Democrat wrote U.S. Attorney General Loretta Lynch on Friday asking her to...
Fitch Sees Large Insurers Gaining from Trump Deregulation
Nov 22 2016 // Broad financial industry deregulation under the Trump administration would ease regulatory burdens for large U.S. insurance companies while macroeconomic trends resulting from shifting global and economic policies could...
Special Report: A Tale of Superbugs’ Deadly Costs
Nov 22 2016 // With good reason, Dan Greulich’s doctors called him “the miracle man.” In the span of a decade, the insurance company executive engaged not once, but twice, in a race with death as he awaited replacements...
Global Board Updates List of Systemically Important Banks, Insurers
Nov 21 2016 // Citi has joined JPMorgan at the top of global regulators’ list of systemically important banks, replacing HSBC and meaning the U.S. bank will have to hold extra capital from 2019 to help preserve financial...
China’s Anbang Eyes $2.3B Purchase of Japanese Property Assets: Sources
Nov 21 2016 // China’s Anbang Insurance Group Co. is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group, two people involved in the discussions said, in what would be Japan’s...
U.S. Insurers Now Among Major Buyers of ETFs: JP Morgan
Nov 21 2016 // The booming demand for hot exchange-traded funds has finally caught up with the staid, sleepy insurance industry. U.S. insurers are the latest group of investors to start buying ETFs (exchange-traded funds) en masse, with...
How Tech Can Turn the Tide of Flood Insurance
Nov 21 2016 // As residents of coastal Louisiana, New York and New Jersey have discovered, a house with a sea view can carry a serious and soggy downside. In terms of storms and their severity, a building’s location has never...
Trump Settles University Fraud Claims for $25 Million, Avoids Trial
Nov 20 2016 // President-elect Donald Trump agreed to pay $25 million to settle claims that his defunct Trump University cheated more than 6,000 students with false promises of teaching them his real estate secrets. The accord, announced...
New York Attorney General Concerned Trump May Gut Anti-Fraud Law
Nov 18 2016 // New York’s top law enforcement official said he does not want U.S. President-elect Donald Trump’s administration to “eviscerate” the state’s anti-fraud law that has dropped a hammer on Wall...
Plaintiffs Strike Out with Suit Seeking More Baseball Stadium Safety Netting
Nov 18 2016 // A U.S. judge has dismissed a lawsuit seeking to require the 30 Major League Baseball teams to extend netting at stadiums farther down the first- and third-base lines to protect fans from injuries caused by foul balls and...
President-Elect Trump Seeks Delay in Fraud Trial Over His Real Estate University
Nov 18 2016 // Donald Trump is pulling out the stops to stall a fraud trial over his defunct real estate “university” until he’s president. Having earlier persuaded a federal judge to delay the trial until after last...
Virginia Hemp Crop Harvested for 1st Time in Decades
Nov 18 2016 // Among the many crops grown on Glenn Rodes’ family farm in Rockingham County, this summer was one that has not been cultivated in Virginia for decades but that may have a chance at a comeback now, thanks to a slow...
Earth on Track to Hit Warmest Year on Record: NOAA
Nov 18 2016 // The earth is on track for its warmest year on record after October temperatures equaled the third-warmest for the month ever, a U.S. government agency said on Thursday. October globally was 1.31 Fahrenheit (0.73 Celsius)...
What Hobbyists Should Know About Drone Insurance
Nov 18 2016 // If a drone is on your holiday shopping list, be sure to check your insurance coverage before you crack open that instruction manual and take flight. Damage from a drone is a bit more complicated than handing your kid a...
Zurich’s Sustainable U.S. Campus Is One Part of Its Green Ambitions
Nov 17 2016 // The voice of Zurich North America Chief Legal Officer Dennis Kerrigan swelled with pride as he described the carrier’s new headquarters in Schaumburg, Ill., and its importance to Zurich’s overall philosophy...
2 Former Postal Employees Convicted in Dallas for Workers’ Comp Fraud
Nov 17 2016 // Two former U.S. Postal Service employees have been convicted on felony charges related to a workers’ compensation fraud scheme, U.S. Attorney John Parker of the Northern District of Texas announced. McArthur Baker,...
U.S. Rule Requires Sound Alerts on Quiet Electric, Hybrid Cars
Nov 17 2016 // The U.S. government on Monday finalized long-delayed rules that will require “quiet cars” like electric vehicles and hybrids to emit alert sounds when they are moving at speeds of up to 18.6 miles per hour (30...
