Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
GM Hires Feinberg to Handle Recall; CEO Barra Testifies Before Congress
Apr 1 2014 // General Motors Co. has retained Kenneth Feinberg, who supervised claims funds after the BP Plc oil spill and other calamities, as a consultant to explore options for families of accident victims whose vehicles are being...
Hourihan Named President of AIG Private Client Group, U.S. and Canada
Apr 1 2014 // Jerry Hourihan has been named president of American International Group’s (AIG) Private Client Group for the U.S. and Canada. He will report to Ralph Mucerino, CEO of Consumer Regional, Americas. Hourihan will be a...
President and CEO of CIG in Western U.S. To Retire
Apr 1 2014 // Monterey, Calif.-based Capital Insurance Group President and Chief Executive Officer Peter Cazzolla announced he will retire from Capital Insurance Group. Cazzolla’s retirement is to be effective at the end of the...
Federal Judge in Pittsburgh Orders $1.54B Payout in Marvell Patent Verdict
Apr 1 2014 // A federal judge ordered Marvell Technology Group Ltd to pay nearly $1.54 billion for infringing two hard disk drive patents held by Carnegie Mellon University, nearly one-third more than a jury had previously awarded. In a...
Reinsurers Spared from Large Cat Losses in 1Q: Fitch
Apr 1 2014 // Reinsurers will report solid underwriting profitability for the first quarter of 2014 as catastrophe loss events were limited. According to Fitch Ratings, global reinsurers’ results are expected to be in line with...
Supreme Court Justices Signal Radical Change in Software Patents Unlikely
Apr 1 2014 // U.S. Supreme Court justices stepped gingerly into a raging debate over computer software on Monday, voicing concerns about vaguely defined patents but signaling they would avoid any radical change to existing law. This may...
Judge Cuts Billionaire Koch’s $12M Award in Fake Wine Case to $1M
Mar 31 2014 // Billionaire William Koch’s $12 million damages award in a lawsuit accusing a fellow wine collector of selling counterfeit Bordeaux was reduced by a U.S. judge to a little less than $1 million. The punitive damages a...
U.S. to Mandate Rearview Cameras on Vehicles by 2018
Mar 31 2014 // The U.S. government said on Monday it will require new cars and light trucks sold in the United States to have rearview cameras by May 2018, a regulation intended to prevent drivers from backing into pedestrians. The...
South Dakota Judge: No Dismissal of $1.2B ‘Pink Slime’ Defamation Suit
Mar 31 2014 // A South Dakota judge has refused to throw out a defamation lawsuit against ABC related to its coverage of a meat product called lean, finely textured beef, which critics have dubbed “pink slime.” Beef Products...
States Collaborating on Rules to Address Earthquake Risks of Fracking
Mar 31 2014 // Several U.S. states are banding together to combat the mounting risks of earthquakes tied to the disposal of wastewater from hydraulic fracturing for natural gas. Regulators from Kansas, Texas, Oklahoma and Ohio met for...
Obamacare Reaches Enrollment Milestone But Faces Obstacles Ahead
Mar 31 2014 // President Barack Obama’s embattled U.S. healthcare law, having survived a rollout marred by technology failures, reaches a milestone on Monday with the end of its first enrollment wave, and with the administration...
Supreme Court Takes On Software Patents Today
Mar 31 2014 // The U.S. Supreme Court will on Monday delve into the hotly contested question of when software is eligible for patent protection. The nine justices will hear a one-hour oral argument in a case of interest not just to...
Hunt for Missing Flight MH370 ‘Bedeviled by Regional Rivalries’
Mar 31 2014 // The search for flight MH370, the Malaysian jetliner that vanished over the South China Sea on March 8, has involved more than two dozen countries and 60 aircraft and ships but been bedeviled by regional rivalries. While...
Proposal Envisions Artificial Islands Near N.Y. to Blunt Future Storm Surges
Mar 31 2014 // A string of artificial islands off the coast of New Jersey and New York could blunt the impact of storm surges that proved so deadly during Superstorm Sandy, according to a new proposal. It’s a big proposal —...
Berkshire Hathaway Specialty Exec on Acquisitions, Expansion Plans
Mar 31 2014 // Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s...
Life Insurers Flock to ‘Easy’ Iowa As More Federal Oversight Looms
Mar 28 2014 // After Symetra Financial Corp. was formed in 2004, the life insurer set up shop in a 25-story glass tower outside Seattle, put its name on the building and pushed the state to adopt more favorable rules for its...
Malaysia Jet Search Shifts, as New Lead Shows It Flew Shorter Distance
Mar 28 2014 // The three-week hunt for Malaysian Air Flight 370 focused on a new area in the Indian Ocean today after radar data indicated the plane probably flew a shorter distance than earlier estimated. The new lead was based on...
Coast Guard Begins Surprise Safety Inspections of Cruise Ships
Mar 27 2014 // The Coast Guard has begun unannounced inspections of cruise ships at U.S. ports, targeting those with patterns of safety problems, officials told the National Transportation Safety Board at its first-ever forum on safety...
For Safety Advocates, GM Recall Highlights Cuts in Government Investigations
Mar 26 2014 // The U.S. office responsible for monitoring safety defects in cars has had its budget stagnate and its staff cut by one-fifth from highs more than a decade ago, when Congress tried to strengthen it. While no one has...
Supreme Court Justices Appear Split Over Contraception Benefit
Mar 26 2014 // A divided U.S. Supreme Court debated whether companies can assert the same religious rights as individuals, hearing arguments in an ideological clash over Obamacare and rules promoting contraceptive coverage. The 90-minute...
