Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Court Says Jury Should Decide If FedEx Drivers are Employees in Missouri
Aug 24 2015 // FedEx Corp. drivers will have to start over in a fight over their employee status in Missouri. A federal appeals court said Friday that a trial judge should have let a jury decide whether the drivers were independent...
Reuters Special Report: U.S. Banks Book Trades Abroad to Bypass U.S. Regulation
Aug 24 2015 // This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in...
MetLife Cites Foreign Operations to Claim It’s Not a U.S. Financial Firm
Aug 24 2015 // MetLife Inc.’s fight to free itself from a costly government label is increasingly focusing on a bold argument: The giant insurer isn’t actually a U.S. financial company. In court papers filed in Washington on...
Beyond Katrina: Lessons in Mitigation, Insurance and Community
Aug 21 2015 // Among the lessons to be learned from Hurricane Katrina are that communities and all stakeholders should prioritize flooding as the greatest risk, devote more resources to preventive measures rather than post-event disaster...
Courts Need a Better Appreciation of the Principles of Depreciation
Aug 21 2015 // Post-World War II, the United States experienced a simultaneous boom of babies and buildings. To keep pace with the need for new development, homes literally could be ordered out of a Sears catalogue. The true expense of...
John Steinbeck, Boeing Drone, Jimi Hendrix, Ford Car: Intellectual Property News
Aug 21 2015 // Rightscorp Inc., the company that identifies infringers to copyright holders, said in a company filing that it now has contracts covering about 208,000 copyrights. That’s more than twice the 100,000 copyrights the...
USG Unit Acquires Certain Program Renewal Rights From US Assure in Florida
Aug 20 2015 // Allied American Underwriters, a subsidiary of USG Insurance Services Inc., announced that it acquired the renewal rights on several books of business from Jacksonville, Florida-based US Assure. The terms of the acquisition...
New U.S. Satellite Aims to Unlock Mysteries of Hurricanes
Aug 20 2015 // Hurricanes hold lots of secrets. Unlocking them can help forecasters predict the next steps the deadly storms will take. That, in turn, will help improve computer forecast models and give meteorologists a better...
Lawsuit Presses Costco Liability for Thailand Fishing’s Slave Labor
Aug 20 2015 // Costco Wholesale Corp. was sued for selling farmed shrimp from Thailand, where slave labor and human trafficking in the fishing industry are widespread, and allegedly misleading U.S. consumers about it. A California woman...
Uber Headache if More Drivers Want Full-Time Status
Aug 19 2015 // Thousands of new full-time workers would spring into existence if Uber is forced to stop treating some of its drivers like contract workers, and the benefits that come with that employee status may entice part-time...
Wisconsin Company to Pay $120K in Sexual Harassment Case
Aug 19 2015 // Janesville, Wis.-based Hufcor Inc., which manufactures operable and accordion partitions, will pay $120,000 and furnish other relief under a consent decree entered in a sexual harassment and retaliation lawsuit brought by...
Everest Re Names Germano, Morelli to U.S. Specialty Casualty Posts
Aug 19 2015 // Everest Re Group, Ltd. announced two leadership appointments to its U.S. Insurance Specialty Casualty Operation. Connie Germano has been appointed leader of the U.S. Specialty Casualty Operation, responsible for the...
10 Years After Katrina, Coastal Cities Face Greater Flood Risk: RMS
Aug 19 2015 // A decade after Hurricane Katrina caused $41 billion in property/casualty insurance losses, the most expensive catastrophe for the global insurance industry, rising sea levels are driving up expected economic and insurance...
How Hackers Profited from Stealing Earnings Press Releases
Aug 18 2015 // In late October 2013, Panera Bread Co., the national chain of restaurants that specializes in healthy soups and baked goods, prepared a news release to announce it was adjusting its earnings expectations downward for the...
Congress May Tackle ‘C’ Corp Tax Reform After Vacation
Aug 18 2015 // Fixing the tax code for U.S. businesses will be at the forefront when Congress returns from vacation next month, with many lawmakers focusing on “C” corporations, despite new data showing a continuing decline...
States Developing IRA Plans for Small Business Employees
Aug 18 2015 // For people working for a small business that doesn’t have a retirement plan, help is on the way. Roughly half of the U.S. states are working to create government-sponsored automatic individual retirement account...
Marsh Names Aon’s Marino to Head U.S. Construction Practice
Aug 17 2015 // Insurance broker Marsh said David Marino has joined the firm to lead its U.S. Construction Practice, Marino brings to Marsh 20 years of insurance and construction industry experience. David Marino He joins the firm from...
Congress May Move to Slow Illegal Drones
Aug 17 2015 // U.S. lawmakers are considering steps to reverse a disturbing rise in illegal drone flights, including new government enforcement tools to crack down on rogue flyers, especially near airports, according to people familiar...
Arab Bank Settles Terrorism Financing Claims by U.S. Citizens
Aug 17 2015 // Arab Bank Plc has agreed to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel, nearly a year after a U.S. jury found the bank liable. The settlement was confirmed...
People – East
Aug 17 2015 // ACE Limited, which announced plans to acquire Chubb for $28 billion in July, has designated a post-merger leadership team for the North American insurance operations of the combined company. The North America leadership...
