Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Alibaba Plans $20B Listing in Hong Kong to Boost Technology Investments: Sources
May 28 2019 // Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in New...
U.S. Court Clears Swiss Bank UBS in Whistleblower’s $20 Million Libel Suit
May 28 2019 // A New York appeals court has dismissed a U.S. whistleblower’s $20 million libel suit against Swiss bank UBS, his former employer, concluding that statements the Zurich-based bank made about him were at least...
U.S. Farmers Face Insurance, Aid Decisions as Persistent Rains Prevent Planting
May 28 2019 // Kansas farmer Mark Nelson has until Saturday to plant his corn or lose the insurance that protects him from a drop in prices or yield. Instead, he’s hopping on a plane to visit his father in Chicago. Nelson is now...
China Financial Regulator Sees ‘Very Limited’ Impact from Trade War with U.S.
May 28 2019 // The U.S. escalation of trade tensions won’t solve any of its problems but will create volatility in global markets and hurt the world economy, according to China’s top financial regulator. Higher U.S. tariffs...
Opioid Litigation Tests Public Nuisance Claim Theory
May 27 2019 // Determining who foots the bill for America’s growing opioid epidemic may depend on how well the state of Oklahoma deploys a high-risk legal strategy this week against Johnson & Johnson and Teva Pharmaceutical...
FAA ‘Very Encouraged’ by Talk with World’s Regulators on Grounded Boeing 737
May 24 2019 // The chief U.S. aviation regulator said he was very encouraged by a one-day discussion with his counterparts from around the world on the steps needed to return Boeing Co.’s grounded 737 Max jetliner to service,...
As Many as 8 Hurricanes Forecast for ‘Near Normal’ 2019 Hurricane Season
May 24 2019 // As many as 8 hurricanes may form in the Atlantic in 2019, a “near normal” season following two years of storms that have left a trail of death and destruction in the Caribbean and U.S. coast. Nine to 15 named...
At Least 3 Dead in Central U.S. Storms
May 23 2019 // A flooded Oklahoma was deluged once again on Wednesday following days of severe weather that’s blamed for at least three deaths after also battering Iowa, Kansas and Missouri, “The biggest concern is more rain....
Feinberg Named Mediator for Bayer Roundup Liability Settlement
May 23 2019 // A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG’s glyphosate-based Roundup weed killer...
Willis Towers Watson Makes 8 Appointments to Florida Risk Management Operations
May 23 2019 // Willis Towers Watson has made a series of personnel appointments across its Corporate Risk and Broking (CRB) operations in Florida. CRB’s has focused on delivering innovative products to clients with an emphasis on...
What Might Happen If Congress Fails to Renew Terrorism Reinsurance Program
May 22 2019 // The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing the federal reinsurance backstop, the Terrorism Risk Insurance Program Reauthorization Act...
Testimony Ends in Texas Suit over Harvey-Related Overflow Dams, Floods
May 22 2019 // Testimony has ended in the lawsuit by some Texas residents seeking U.S. government compensation after their land flooded when two federally owned reservoirs overflowed during Hurricane Harvey. Testimony wrapped up Friday...
Employee Charged with Stealing $900K from New Jersey Insurance Broker
May 22 2019 // A former accounting specialist in the Ridgefield Park, N.J., office of an insurance broker was arrested and charged with allegedly defrauding her employer of approximately $900,000, Acting U.S. Attorney William E....
25 New Sexual Harassment Complaints Brought Against McDonald’s
May 22 2019 // McDonald’s Corp. was accused on Tuesday in 25 new lawsuits and regulatory charges of condoning sexual harassment in the workplace and retaliating against employees who speak up. The cases announced by the American...
Oil Tankers in the Persian Gulf Face Highest Risk Since 2005
May 22 2019 // Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. The Joint War Committee of London’s Lloyd’s Market Association said Friday that it would...
Boeing Sued by French Widow in U.S. for $276 Million Over Ethiopian Crash
May 22 2019 // A French woman whose husband died in the crash of a Boeing 737 MAX airliner in Ethiopia has filed a U.S. lawsuit against the planemaker, seeking at least $276 million in damages. The crash of Ethiopian Airlines flight 302...
Texans in Congress Push for Release of Billions in Federal Harvey Aid
May 21 2019 // After urging the Trump administration for over a year to release billions in long-awaited disaster relief funding to Texas and other disaster-affected states to no avail, Texans in Congress are now taking more aggressive...
U.S. Post Office Testing Driverless Trucks Between 2 Cities
May 21 2019 // The United States Postal Service is going to put mail on self-driving trucks. Starting on Tuesday morning, letters and packages moving between Phoenix and Dallas will travel on customized Peterbilt trucks run by TuSimple,...
Zurich North America Names Winters Head of U.S. Commercial Insurance Sales
May 21 2019 // Brian Winters has been appointed head of Sales and Distribution, U.S. Commercial Insurance, for Zurich North America. Zurich said the appointment is part of its effort to strengthen relationships with customers and...
Supreme Court Sends Merck Warning Label Case Back to Lower Court
May 21 2019 // The U.S. Supreme Court on Monday gave Merck & Co. a new opportunity to avoid lawsuits accusing the company of failing to properly warn patients of debilitating thigh-bone fractures from taking its osteoporosis drug...
