Insurance
Illinois Contractor Faces $354K in Fines for Exposing Workers to Fall Hazards
Federal workplace safety inspectors have cited an Illinois construction contractor for again exposing employees to falls from elevation — the industry’s leading cause of injury and death — as they did residential framing work, this time at four subdivisions under …
Read More Ping An Insurance Seeks $3.5 Billion in Convertible Bonds
Ping An Insurance (Group) Co. is seeking to raise $3.5 billion through the sale of convertible bonds, joining a wave of issuance in Asia in recent months. The company is offering the bonds due in 2029 with a coupon of …
Read More Wall Street Pushes Back After Activists Escalate Protests
Against a backdrop of intensifying climate protests targeting Wall Street, the heavyweights of US finance are pushing back against what they characterize as a fundamentally flawed debate. For more than a month now, scores of activists have mounted near-daily protests …
Read More Beryl’s Remnants Spawned 4 Indiana Tornadoes, Including an EF-3: NWS
MOUNT VERNON, Ind. (AP) — The remnants of Hurricane Beryl spawned at least four tornadoes in Indiana, including an EF-3 twister with winds as high as 140 mph (225 kph) that tore through a small city in the state’s southwestern …
Read More SC Supreme Court Urges Legislative Fix to Pre-existing Health Issue in Workers’ Comp
South Carolina lawmakers next year may be asked to revamp a workers’ compensation employment test that judges have relied on for more than 50 years, if the state Supreme Court has its way. The court last week said that a …
Read More Texans Endure Second Week Without Power After Hurricane Beryl
CHANNELVIEW — Juan Piñón’s long-sleeve black shirt and forest green pants were soaked. He used a shovel to scrape concrete mix out of a blue wheelbarrow and throw it on the ground. The 43-year-old construction worker was hard at work …
Read More Growing Southern California Wildfire Threatening 4,100 Structures
Evacuation orders and warnings are in place for roughly 4,200 people due to a growing wildfire in southern California that is threatening 4,100 structures. The Shelly Fire in Siskiyou County is now 15,232 acres and is 3% contained. It is …
Read More Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal
Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. A deal may be worth as much as $23 billion, said the person, who asked not to be identified …
Read More Natural Disasters Cost China $13 Billion in January-June
Natural disasters such as flooding, drought and extreme temperatures cost China 93.16 billion yuan ($12.83 billion) in the first half of this year, with almost 33 million people affected, the government said on Friday. Heavy snow, 22 strong earthquakes including …
Read More Hacker Says AT&T Paid About $400,000 to Erase Sensitive Data
A hacker who claims to have stolen sensitive call and text logs from AT&T Inc. said they were paid about $400,000 to erase the data trove. An analysis of a Bitcoin wallet address provided by the hacker shows a transaction …
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