Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
How to Manage the Growing Risks of Social Media
Jul 5 2010 // Advertising, Defamation, Privacy and Security Laws All at Issue Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why...
Bad Weather Hinders BP Oil Cleanup; Oil Invades More Wetlands
Jul 2 2010 // Tropical storm Alex slowed oil spill clean-up and containment work in the Gulf of Mexico and drove more petroleum into fragile Gulf wetlands and beaches Thursday, with any permanent fix to BP Plc’s ruptured deep-sea...
Goldman Defends Its Claims on AIG As Legitimate
Jul 1 2010 // Goldman Sachs officials insisted demands for billions of dollars from insurer AIG ahead of a $182-billion government rescue package were based on legitimate market prices and denied gaming values for a massive...
U.S. Launches Pre-Existing Condition Health Insurance Plan
Jul 1 2010 // The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health...
Hurricane Alex Weakens to Tropical Storm
Jul 1 2010 // Hurricane Alex weakened to a tropical storm Thursday as it moved further inland over northeastern Mexico, dumping heavy rains that flooded cities but sparing U.S. oil facilities near its path. Rain from the first named...
AIG’s Cassano Says U.S. Bailout Too Generous to Goldman
Jul 1 2010 // The former head of the AIG unit that nearly crippled the insurer said the 2008 taxpayer bailout of up to $182 billion was too generous to customers like Goldman Sachs. Goldman Sachs, in turn, insisted it simply followed...
Financial Crisis Panel Hears from AIG’s Cassano, Goldman’s Lewis
Jun 30 2010 // The former head of the American International Group unit that precipitated a $182 billion bailout pledge from taxpayers stood by a 2007 proclamation that the insurer would not lose even a dollar on a portfolio of...
Special Reuters Report: Oil Spill a Gusher for Lawyers; Litigation May Take Years
Jun 30 2010 // BP payout should far exceed what Exxon spent on Valdez The company’s $20 billion fund may not be enough Accountability may take years if not decades to assess Many federal laws allow civil, criminal liability From a...
More Oil Spills to Come, Says Professor
Jun 30 2010 // The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills to come, as the days of easy oil are over, says an anthropologist at Washington University in St....
Neal Bill, HR 3424, Proponents and Opponents Trade Salvoes
Jun 29 2010 // When U.S. Representative Richard Neal (D-MA) introduced, or more properly reintroduced, HR 3424, a bill aimed at closing what its proponents describe as a “loophole” in the U.S. tax code, he ignited, or more...
Pope Seeks to Avoid Deposition in Kentucky Negligence Case
Jun 29 2010 // The Vatican is asking a federal judge to reject an attempt to question Pope Benedict XVI under oath in a Kentucky sex abuse lawsuit on the grounds that there has been no evidence of a link to church officials in Rome. The...
Hurricane Alex to Hamper BP’s Gulf Oil Disaster Containment Effort
Jun 29 2010 // Tropical Storm Alex is expected to reach hurricane strength on Tuesday, with high winds and vast waves set to hamper BP Plc’s latest efforts to contain the largest oil spill in U.S. history. Shares in London-based...
Supreme Court Upholds But Criticizes Business Method Patents Ruling
Jun 28 2010 // The U.S. Supreme Court upheld a ruling refusing to give a patent for a business method, but also criticized the prevailing standard for deciding whether to allow such patents. The case, involving a system for hedging...
Supreme Court Partially Strikes Down SOX Accounting Board
Jun 28 2010 // The Supreme Court Monday struck down part of a law to prevent fraud committed by companies like Enron and WorldCom, saying a board to police public companies’ auditors violated the Constitution. But the ruling left...
New Lawsuit Filed Over 2007 Utah Mine Disaster
Jun 28 2010 // Six U.S. insurance companies and Lloyd’s of London are suing for reimbursement of millions of dollars for equipment abandoned inside a Utah mine that collapsed in 2007, killing six miners and three rescuers. The suit...
Highlights of U.S. Financial Reforms
Jun 25 2010 // A U.S. Senate-House of Representatives panel has completed a bill overhauling financial regulation. It must now win approval in each chamber before it can go to President Barack Obama to be signed into law. Here is a brief...
A Look at the More Than 240 Lawsuits Against BP in U.S.
Jun 25 2010 // BP Plc faces at least 243 U.S. lawsuits so far arising from its role in the Gulf of Mexico oil spill, in what is considered by some the biggest environmental disaster in U.S. history. The vast majority of the lawsuits have...
USLI Expanding with Retail Agent Distribution; No Longer Exclusively Wholesale
Jun 25 2010 // After years of doing business exclusively though wholesale brokers, United States Liability Insurance Group (USLI) is expanding its distribution to work directly with retail insurance agencies. “We are expanding our...
Google, YouTube Beat Copyright Challenge from Viacom
Jun 24 2010 // Google Inc. won a landmark victory over media companies as a Manhattan federal judge threw out Viacom Inc.’s $1 billion lawsuit accusing the Internet company of allowing copyrighted videos on its YouTube service...
More U.S. Firms Buying Terrorism Insurance; Prices Decline: Marsh
Jun 24 2010 // U.S. terrorism insurance purchase rates continued to climb in 2009 as companies of all sizes and across all industries continued to buy terrorism coverage, according to a report by global broker Marsh. Sixty-one percent of...
