Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Supreme Court Orders Refiguring of Samsung’s Damages in Patent Fight with Apple
Dec 6 2016 // The U.S. Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that said the South Korean company had to pay a $399 million penalty to its...
Court Delays Appeal Over Obamacare’s Insurer Reimbursements Until After Trump Takes Office
Dec 6 2016 // A federal appeals court on Monday agreed to put on hold until after U.S. President-elect Donald Trump takes office in January the Obama administration’s appeal of a judge’s ruling favoring a Republican...
Insureon CEO on Growth, Hockey Pucks and the Perils of Complacency
Dec 6 2016 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
House Labor Panel Chair Foxx Ready to Take on Unions, Democrats
Dec 6 2016 // The incoming chair of the congressional panel that oversees labor issues on Monday questioned the need for unions and said she wants to repeal various Obama administration labor policies. Organized labor has “sort of...
Liberty Mutual to Acquire Ironshore from China’s Fosun for $3 Billion
Dec 5 2016 // Liberty Mutual Insurance has agreed to acquire specialty lines insurer Ironshore Inc. from China’s Fosun International Limited. Liberty Mutual will acquire a 100 percent ownership interest in Ironshore. According to...
Death Toll from Fire in Oakland Artist Loft Reaches 33
Dec 5 2016 // A fire that devastated an Oakland, California, loft building during a weekend dance party has taken at least 33 lives and the toll will likely rise, authorities said on Sunday, as criminal investigators joined recovery...
Wal-Mart to Settle Bias Suit Over Gay Benefits for $7.5 Million
Dec 5 2016 // Wal-Mart Stores Inc. agreed to pay $7.5 million to settle a lawsuit accusing the company of discriminating against gay workers by failing to offer health insurance benefits to their spouses. The settlement covers employees...
U.S. Regulators Say ‘Quiet’ Cars Need to Make Noise
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...
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...
