The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures about the safety of its dams ahead of a 2019 disaster that killed 270 people. Beginning in 2016, Vale manipulated …
The head of McKinsey & Co. acknowledged that it failed to see the opioid epidemic unfolding while simultaneously doing work for drug regulators and makers of painkillers including OxyContin in his first appearance before lawmakers investigating the consulting firm’s actions. …
A workers’ compensation insurer must pay $100,000 under an agreement with Vermont state regulators because its claims administrator gave short shrift to claims for post-traumatic stress disorder and other occupational diseases. Acadia Insurance Co. on April 18 reached an agreement …
The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports from Southeast Asia hit home. U.S. power company Southern Co. …
Eden Foods, Inc., an organic foods company headquartered in Clinton, Michigan that claims to be the premier natural foods company in the Americas, violated federal law by subjecting female employees to repeated sexual harassment, the U.S. Equal Employment Opportunity Commission …
A U.S. judge slammed Elon Musk for trying to escape a settlement with regulators requiring oversight of his Tesla Inc. tweets, saying the billionaire was “bemoaning” the 2018 deal now that he felt Tesla was “invincible.” The April 27 ruling …
New Orleans is paying to relocate all remaining residents of a bankrupt apartment complex where people said a landlord’s neglect forced them into unsanitary living conditions with rampant mold, rodents and a broken pipe that spewed raw sewage. The rare …
A $6 billion deal hangs in the balance as OxyContin maker Purdue Pharma LP and its wealthy owners square off against the U.S. Justice Department over the firm’s opioid lawsuit settlement. The sides will meet in a New York courtroom …
Kentucky has become the 21st state to adopt a data security law that will require insurers and larger agencies to beef up measures designed to help prevent cyber attacks and data breaches. Gov. Andy Beshear in April signed House Bill …
People who get hurt because of a doctor’s negligence in California could soon get a lot more money in malpractice lawsuits under an agreement reached Wednesday that – if approved by the state Legislature – would avoid a costly fight …