Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
EU Court to Decide Whether Uber Is an App or a Transport Company
Nov 30 2016 // Fifteen judges at the European Union’s top court are trying to decide, once and for all, whether Uber Technologies Inc. is an app or a transport company. The question has long vexed regulators and lawmakers across...
Hub International Names Chapman Regional President of New US South Region
Nov 29 2016 // Hub International Limited (HUB), a global insurance brokerage, has named Michael S. Chapman, currently chief executive officer of Hub International Southeast, as president of Hub’s newly formed US South region, which...
Study Finds Northeastern U.S. Could See Increased Hurricane Activity
Nov 29 2016 // The Northeastern coast of the U.S. could be struck by more frequent and powerful hurricanes in the future due to shifting weather patterns, according to new research presented in a study led by Durham University in the...
Supreme Court Rejects Stanford’s Appeal of Ponzi Scheme Conviction
Nov 29 2016 // The U.S. Supreme Court on Monday rejected Texas financier Robert Allen Stanford’s bid to overturn his conviction and 110-year prison sentence for running what prosecutors called a $7.2 billion Ponzi scheme that...
At Trial, Anthem-Cigna Merger Called Harmful to Competition
Nov 29 2016 // Anthem Inc.’s proposed $48 billion merger with Cigna Corp. could give the insurer the power to raise prices for employers both in the 14 states where it does business, as well as across the country, according to a...
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...
