Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
U.S. Rule Requires Sound Alerts on Quiet Electric, Hybrid Cars
Dec 5 2016 // The U.S. government has finalized long-delayed rules that will require “quiet cars” like electric vehicles and hybrids to emit alert sounds when they are moving at speeds of up to 18.6 miles per hour to help...
Audit Hits Regulator for Not Testing Brokerage Firms’ Cyber Security Policies
Dec 2 2016 // The U.S. Commodity Futures Trading Commission failed to verify whether futures and swaps brokerage firms have adequate policies to help ward off cyber attacks, an internal CFTC audit found. The audit was completed in...
J&J Hit with $1 Billion Verdict in Hip Implant Product Liability Case
Dec 2 2016 // Johnson & Johnson was ordered by a Texas jury to pay more than $1 billion to patients who claimed the company hid flaws in its Pinnacle artificial hips that had to be surgically removed, in J&J’s second loss...
What Executives Need to Know About Managing D&O Liabilities: Allianz Report
Dec 2 2016 // Company directors and senior managers across the globe are increasingly likely to face costly regulatory investigations, criminal prosecutions or civil litigation, which not only put their company’s assets, and their...
Swiss Re’s U.S. Solar Power Plant is One Part of Its Climate Change Commitment
Dec 1 2016 // Swiss Re’s solar power installation at its U.S. headquarters in Armonk, N.Y., a 2-megawatt facility expected to be up and running by late spring 2017, is just one part of a green theme that the carrier has been...
Oklahoma Earthquakes: The Emerging Risk from Induced Seismicity
Dec 1 2016 // This post is part of a series sponsored by CoreLogic. California is typically the first place that comes to mind when one thinks of earthquake activity in the U.S. In recent years, however, the central U.S. – especially...
Lawsuit Alleges ‘Boys’ Club’ at Citigroup Unfair to Women
Nov 30 2016 // A former Citigroup Inc. financial adviser on Monday filed a lawsuit accusing the bank of running a “boys’ club” that favored men over women, treating her as a “glorified secretary,” and firing...
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...
