Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Retail Investors Placed Bids for Record $3 Trillion of Shares in Ant Group’s IPO
Nov 2 2020 // Retail investors placed bids for a record $3 trillion of shares in Ant Group Co. Ltd.’s dual listing in an unprecedented show of interest by mom-and-pop savers betting on demand for its financial services in...
Argo Checking Out of Grocery, Restaurant and Other Retail Insurance Lines
Oct 30 2020 // Specialty insurer and reinsurer Argo Group International is exiting the grocery and retail lines of business, which include providing general liability and self-insured retention risk management programs for grocery...
It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses
Oct 30 2020 // The world’s property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the estimated US$4.5 trillion global output loss inflicted by COVID-19 and its...
Fast-Moving Zeta Wallops Louisiana, Causes Blackouts Across South; Damages Could Hit $5B
Oct 29 2020 // Tropical Storm Zeta is spinning across the U.S. South after walloping New Orleans, blacking out 1.9 million homes and businesses and leaving a trail of wreckage from Louisiana to North Carolina. Zeta made landfall near...
Facebook Faces UK Legal Action Involving Cambridge Analytica Scandal
Oct 29 2020 // Facebook Inc. risks being dragged into a UK legal dispute involving almost 1 million British users affected by the Cambridge Analytica scandal, two years after revelations about the misuse of private data caused a global...
Dozens of U.S. Hospitals Hit With String of Ransomware Attacks
Oct 29 2020 // Eastern European criminals are targeting dozens of U.S. hospitals with ransomware, and federal officials on Wednesday urged healthcare facilities to beef up preparations rapidly in case they are next. The FBI is...
EPA Denies Ban; Permits Farmers’ Use of Dicamba-Based Weed Killers for Five Years
Oct 28 2020 // The U.S. Environmental Protection Agency said on Tuesday it will allow farmers to spray crops with weed killers based on the chemical dicamba that are sold by Bayer AG and other companies, after a U.S. appeals court...
Lawsuit Alleges Uber Uses ‘Biased’ Rider Ratings to Fire Drivers
Oct 27 2020 // Uber Technologies Inc. was accused in a lawsuit of violating the U.S. Civil Rights Act by firing minority drivers based on how they’re rated by customers. “Uber is aware that passengers are prone to...
How Auto Workers Are Keeping Factories Running and Masks On
Oct 27 2020 // When the coronavirus pandemic slammed the United States in March, the Detroit Three automakers shut their plants and brought their North American vehicle production to an unprecedented cold stop. Now, four months after a...
UPDATE: Tropical Storm Zeta Makes Landfall in Mexico, Threatens U.S. Gulf Coast
Oct 27 2020 // Zeta will move into the Gulf of Mexico in the next few hours after making landfall on the Yucatan Peninsula, then regain strength as it heads north toward Louisiana and likely comes ashore Wednesday. Now a tropical storm...
Investors Shrug Off U.S. Concerns as China’s Ant Group Nears $34.4 Billion IPO
Oct 26 2020 // Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion from the world’s largest stock market debut, with investors scrambling for a piece of the...
BP Evacuates Staff from 4 Gulf of Mexico Oil Platforms as Tropical Storm Zeta Intensifies
Oct 26 2020 // BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities as Tropical Storm Zeta sprang up in the Caribbean Sea. The 27th named storm of this year’s Atlantic...
Scientists Identify Nuclear Plants Facing Highest Risks From Earthquakes
Oct 26 2020 // The U.S. nuclear power reactors facing the highest risks of a meltdown from earthquakes are not in tremor-prone California, but states including South Carolina and Missouri, an analysis of government data published on...
3 More Guilty Pleas in Louisiana Staged Auto/Tractor-Trailer Crashes
Oct 23 2020 // Three more people have pleaded guilty to conspiring to stage accidents between automobiles and tractor-trailers in Louisiana, federal authorities say. Roderick Hickman, 49, of Baton Rouge; Bernell Gale, 43, of Raceland;...
AIG Settles Foreign Tax Credit Dispute With U.S.
Oct 23 2020 // American International Group Inc. settled a case involving cross-border transactions the government claimed amounted to improper tax shelters. The insurer agreed to pay a 10% penalty and disallow more than $400 million in...
U.S. Consumer Agency Weighs Update of Rules on Access to Personal Financial Data
Oct 23 2020 // The U.S. Consumer Financial Protection Bureau (CFPB) on Thursday said it is seeking public comment on a proposal to modify rules governing the access and use of consumer financial data which is collected by a growing...
Walmart Sues U.S. to Clarify Pharmacy Liability in Opioid Crisis
Oct 23 2020 // Walmart Inc. said on Thursday it had filed a lawsuit against the federal government, seeking clarity on the roles and legal responsibilities of pharmacists and pharmacies in filling opioid prescriptions. Walmart said...
Is Climate Change Making Drought One of the Nation’s Costliest Disasters?
Oct 22 2020 // Drought has become one of the costliest disasters in the U.S., causing 94 deaths and an inflation-adjusted $6.2 billion in losses per year on average since 1980, according to a report out this week from Climate...
Dredge Scarcity Could Make Rebuilding Louisiana’s Coast Slower, More Costly
Oct 22 2020 // Just as Louisiana begins an ambitious slate of projects to rebuild its crumbling coastline, the essential ingredients — sea sand and river silt — will be harder to come by. That’s not because these materials are...
Marsh Adds Aon’s Albers to Lead Its Life Sciences Practice
Oct 22 2020 // Insurance broker Marsh announced that Eddie Albers has joined the firm to lead its U.S. Life Sciences practice. As the leader of Marsh’s U.S. Life Science Practice, Albers will play a key role in assisting life...
