Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed blood tests in Arizona and California through the pharmacy chain’s partnership with Theranos Inc. The proposed settlement, which needs court …
United Airlines Holdings Inc. discovered dubious parts in two aircraft engines, adding to the list of carriers worldwide that have found bogus components from supplier AOG Technics Ltd. The parts were discovered in a single engine on each of two …
Fato to Assume Newly Created Vice Chair Role at AIG Lucy Fato, executive vice president, general counsel and global head of communications and government affairs at American International Group (AIG), will transition to the newly created role of vice chair …
Virgin Australia Airlines Pty found a second suspected unapproved plane part from obscure UK supplier AOG Technics Ltd., as the industry continues to hunt down bogus components that have spread across the global fleet. The Australian airline discovered a seal …
Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and forcing the stock market to scrap trading on …
When London’s Lord Mayor called recently for the creation of a new council to lead reform of Britain’s flagging financial services sector, a deep sense of déjà vu eclipsed the City. For many, the proposal served as a reminder of …
Lloyd’s of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a new Black Sea corridor deal can be reached, its CEO John Neal told Reuters on Thursday. NATO member Turkey is …
The death of a worker who suffocated in a Georgia grain silo could have been prevented had the employer not violated safety regulations, federal officials say. That finding results from the U.S. Occupational Safety and Health Administration investigation into the …
Reinsurance rates are likely to continue to rise in 2024, though at a slower pace than in 2023, and prices will start to fall in 2025, Fitch Ratings analyst Robert Mazzuoli told Reuters on Thursday. Reinsurers – who insure insurers …
Like most lobstermen, the Maine House Republican leader scrambled to complete his work ahead of the remnants of Hurricane Lee. Rep. Billy Bob Faulkingham was rushing home from sea when a giant wave rose up, seemingly from nowhere, and towered …