9 03, 2023

Britain Says Capital Market Rules Won’t Diverge Markedly From U.S., EU

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Britain’s capital market rules will not differ markedly from regulations applied in Europe and the United States, its financial services minister Andrew Griffith said on Thursday. “We don’t want to become a third polarity but operate in a way that …

9 03, 2023

Glut of Plastic Polluting World’s Oceans Is Growing Fast: Research

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There are more than 170 trillion tiny plastic particles — or 2 million tons of them — floating on the surface of the ocean, and many of them got there after 2004, according to a paper published Wednesday in the …

9 03, 2023

Significant Hack Potentially Exposes US Lawmakers’ Personal Data

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A serious breach at a healthcare administrator serving the U.S. House of Representatives has potentially exposed the personal data of hundreds of lawmakers and their staff, top representatives and a senior Congressional official said in letters circulated on Wednesday. One …

9 03, 2023

Firefighters Contain New Jersey Forest Fire That Threatened 15 Homes

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LITTLE EGG HARBOR, N.J. (AP) – A wind-whipped forest fire in the southern New Jersey Pinelands that threatened 16 homes Tuesday was fully contained by nightfall, and firefighters said they believed the homes were no longer in jeopardy. No injuries …

9 03, 2023

Investors Aviva, M&G Urge Britain to Press Ahead With Financial Reforms

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Investors Aviva and M&G on Thursday joined calls for Britain to press ahead with financial reforms and give high-growth sectors such as technology companies more support to keep London’s markets competitive. Finance bosses have warned that the British capital risks …

9 03, 2023

Lloyd’s Expects 2022 Loss of $947.6M on Investments; Underwriting Results ‘Strong’

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Lloyd’s reported an interim full-year 2022 loss before tax of £800 million ($947.6 million) as a result of investment losses of approximately £3 billion ($3.6 billion). This compares to a profit of £2.3 billion ($2.7 billion) and investment income of …

9 03, 2023

New York State, City Lawmakers Look to Curb Lithium-Ion Battery Fires

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Lawmakers in Albany and New York City are pushing measures they hope will curb incidents of lithium-ion battery fires, which have risen in the past few years. They include measures requiring that all batteries and chargers being sold be certified …

8 03, 2023

NHTSA Opens Tesla Probe Into Reports Steering Wheels Fell Off

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The National Highway Traffic Safety Administration (NHTSA) said Wednesday it is opening a preliminary investigation into 120,000 2023 Tesla Model Y vehicles after two reports of steering wheels falling off while driving. The U.S. auto safety regulator said the steering …

8 03, 2023

EPA to Propose Limits on Toxic ‘Forever Chemicals’ in Drinking Water

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The Environmental Protection Agency is expected to propose restrictions on harmful “forever chemicals” in drinking water after finding they are dangerous in amounts so small as to be undetectable. But experts say removing them will cost billions, a burden that …

8 03, 2023

Show Must Go On for Broadway Theaters’ Covid Loss Claim, Federal Judge Rules

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A New York federal judge has refused to lower the curtain on a Covid-19 business loss claim by the owner of five Broadway theaters because the entertainment insurance policy language is ambiguous as to whether the theater suffered one loss …