Climate Activists Petition for Carriers in California to Reveal Fossil Fuel Insureds

Article 0 Comments More than 60 environmental, consumer and social justice organizations on Thursday delivered a petition to California Insurance Commissioner Ricardo Lara seeking what is believed would be the first regulations in the nation requiring insurance companies to disclose the fossil fuel projects they insure. The petition states in […]

UK Lawmakers Vote Overwhelmingly to Ask EU for Brexit Delay

Article 0 Comments British lawmakers voted overwhelmingly on Thursday to seek a delay in Britain’s exit from the European Union, setting the stage for Prime Minister Theresa May to renew efforts to get her divorce deal approved by parliament next week. Lawmakers approved by 412 votes to 202 a motion […]

Trump Administration Unveils Higher Threshold to Expand Overtime Pay

Article 0 Comments The U.S. Department of Labor issued a long-awaited proposal on Thursday to extend mandatory overtime pay to a million more workers, far fewer than an Obama administration rule that was struck down by a federal judge. Currently, salaried workers are automatically entitled to overtime pay only if […]

Democrats Propose Ban on Mandatory Arbitration in Employment, Consumer Contracts

Article 0 Comments Six Google employees on Thursday joined U.S. lawmakers to support bills that would ban mandatory arbitration in employment and consumer contracts, as the workers seek to build on recent success in getting the Alphabet Inc company to drop some arbitration provisions. Mandatory arbitration, which prevents people from […]

Swiss Re 2018 Net Profit Rises 27% Despite Spate of Natural, Man-Made Disasters

Article 0 Comments Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes and man-made disasters. Net profit for the full year came in at $421 million, compared with $331 million a year ago. However, company’s net profit lagged Reuters […]

Horse Trainer Suit Alleges Vets Altered X-Ray Dates of Horses at Kentucky Auction

Article 0 Comments A lawsuit filed Thursday accuses veterinarians of falsifying the dates on X-rays of horse sold at public auction at the Keeneland racetrack. The Lexington Herald-Leader reports the lawsuit was brought Tom Swearingen, a horse buyer and trainer who says he paid more than $400,000 for 24 horses […]

Finland’s Sampo Names Magnusson as CEO and President, Succeeding Stadigh

Article 0 Comments Nordic insurance and financial holding group Sampo said on Thursday that Torbjorn Magnusson would take over as chief executive and president from Kari Stadigh next year, as well as becoming chairman of Nordea. “Torbjorn Magnusson will immediately start focusing on his new responsibilities. The Sampo and IF […]

PG&E Cleared of Liability in Major 2017 Fire; Bankruptcy Still Likely

Article 0 Comments California fire investigators on Thursday concluded that a major 2017 wildfire was caused by privately owned electrical equipment, prompting the state’s new governor to estimate that PG&E Corp’s potential wildfire liabilities could be almost cut in half. Investors in the utility, which is preparing to file for […]

Florida’s Record Rainfall in 2018 Leaves Farmers Reeling Over Destroyed Crops

Article 0 Comments Rodney Helton stood in a cotton field in Atmore, Ala., on a Thursday morning, just over the Florida state line, with puddles of wet, mushy soil and water gathering over his dirty boots. He reached out and plucked a sopping wet cotton boll off of a brown, […]

Snowfall Continues to Disrupt Parts of Austria, Germany and Norway

Article 0 Comments Heavy snowfall continued Thursday in parts of Austria and southern Germany, with several places cut off and the bad weather expected to last at least another day. Snow was causing problems in other parts of Europe, even in Norway’s Arctic Svalbard archipelago. Austrian police said that a […]