NRA Challenges New York’s Attempt to Block Deposition of Regulator May 3, 2019 By Erik Larson The National Rifle Association is challenging renewed efforts by New York state officials to prevent a former regulator from being...
Starbucks Recalls 260,000 Coffee Presses Due to Injury Risk May 3, 2019 Starbucks Corp. is recalling about 263,000 of its coffee presses, made in partnership with Bodum, after the world’s largest coffee...
Microsoft Tools Ease Access to Blockchain, Artificial Intelligence for Businesses May 3, 2019 By Stephen Nellis Microsoft Corp. on Thursday announced new tools for software makers aimed at making technologies such as artificial intelligence and blockchain...
Puerto Rico Oversight Board Sues Banks, Bondholders in Bid to Recoup $1 Billion May 3, 2019 By Luis Valentin Ortiz Puerto Rico’s federally created financial oversight board said on Thursday it sued some owners of potentially invalid bonds of the...
Legacy Acquirer DARAG Completes Purchase of DONAU Versicherung’s Italian Portfolio May 3, 2019 DARAG Group Ltd., the Malta-based legacy acquirer, announced it has completed the acquisition of the Italian non-life portfolio of DONAU...
Deadly African Swine Virus Sends Shock Waves Through Global Food Chain May 3, 2019 By Dan Murtaugh and Enda Curran What started with a few dozen dead pigs in northeastern China is sending shock waves through the global food chain....
Swiss Re’s Q1 Profit of $429M Hit by Natural Catastrophes, Boeing Crash May 3, 2019 By Michael Shields Reinsurer Swiss Re AG’s reported an unexpected 6 percent fall in quarterly net profit on Friday as claims from large...
Samsung Fire & Marine Insurance Takes Minority Stake in Canopius May 3, 2019 Canopius AG announced it has entered into a strategic partnership with Samsung Fire & Marine Insurance (SFMI). Under the terms...
Powerful Cyclone Hits India’s East Coast, Forcing Evacuation of More Than 1 Million May 3, 2019 By Pratik Parija and Archana Chaudhary A category 4 storm with strong winds and heavy rain made its landfall on India’s east coast, with authorities evacuating...
Suits Filed Against Indiana Auto Dealerships Over Car-Buying Fees May 3, 2019 Dozens of Indiana auto dealerships face lawsuits that accuse them of charging excessive fees to prepare sales-related documents. At least...