29 07, 2022

Hidden Menace: Massive Methane Leaks Speed Up Climate Change

By | July 29th, 2022|Uncategorized|Comments Off on Hidden Menace: Massive Methane Leaks Speed Up Climate Change

To the naked eye, the Mako Compressor Station outside the dusty West Texas crossroads of Lenorah appears unremarkable, similar to tens of thousands of oil and gas operations scattered throughout the oil-rich Permian Basin. What’s not visible through the chain-link …

25 07, 2022

Insurers Weigh Covering Ukraine Grain Shipments After Deal to Re-open Black Sea Ports

By | July 25th, 2022|Uncategorized|Comments Off on Insurers Weigh Covering Ukraine Grain Shipments After Deal to Re-open Black Sea Ports

A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached to re-open Black Sea ports, although the first shipments are expected to be weeks away, industry sources said on Friday. …

29 07, 2022

Record Floods in Kentucky Take 15 Lives, Hundreds of Homes

By | July 29th, 2022|Uncategorized|Comments Off on Record Floods in Kentucky Take 15 Lives, Hundreds of Homes

Record flooding in parts of Appalachia have left at least 15 dead, hundreds of homes destroyed and entire communities wiped out. Search and rescue teams backed by the National Guard searched Friday for missing people in parts of eastern Kentucky, …

28 07, 2022

Chubb Increases Loss Cost Trends ‘Rather Than Be Lagging and Get Caught’: Greenberg

By | July 28th, 2022|Uncategorized|Comments Off on Chubb Increases Loss Cost Trends ‘Rather Than Be Lagging and Get Caught’: Greenberg

Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to “keep pace with loss costs, which are hardly benign.” Greenberg said during the July 27 call to discuss second-quarter earnings that Chubb has …

29 07, 2022

Barclays Hit With Race Discrimination Claims in London

By | July 29th, 2022|Uncategorized|Comments Off on Barclays Hit With Race Discrimination Claims in London

Barclays Plc was hit with three discrimination claims in London from Black bankers who accused the lender and colleagues of treating them unfairly because of their race, after they raised concerns about internal business issues. The cases are being heard …

25 07, 2022

New Orleans Man Latest to be Sentenced in Staged Auto Accident Case

By | July 25th, 2022|Uncategorized|Comments Off on New Orleans Man Latest to be Sentenced in Staged Auto Accident Case

United States Attorney Duane A. Evans announced that Larry Williams, age 49, of New Orleans, was sentenced last week for Conspiracy to Commit Wire Fraud, in violation of Title 18, United States Code, Section 371, arising out of a staged …

29 07, 2022

Grubhub Drivers Are Not Exempt From Arbitration, Massachusetts High Court Rules

By | July 29th, 2022|Uncategorized|Comments Off on Grubhub Drivers Are Not Exempt From Arbitration, Massachusetts High Court Rules

On-demand delivery drivers for Grubhub are subject to the company’s mandatory arbitration clauses in their contracts, the Massachusetts Supreme Judicial Court has ruled in overturning a lower court that found the drivers were entitled to an exemption under federal law. …

28 07, 2022

Judge Questions 3M’s Use of Bankruptcy to Fight Veterans’ Suits

By | July 28th, 2022|Uncategorized|Comments Off on Judge Questions 3M’s Use of Bankruptcy to Fight Veterans’ Suits

The federal judge administering more than 230,000 lawsuits against 3M Co. questioned whether the industrial giant acted in good faith when it decided to try to shift the cases to bankruptcy court instead of facing separate jury trials around the …

29 07, 2022

New York Attorney Sentenced in Multi-Million Dollar Litigation Financing Scheme

By | July 29th, 2022|Uncategorized|Comments Off on New York Attorney Sentenced in Multi-Million Dollar Litigation Financing Scheme

A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt litigation finance firm called Cash4Cases. According to Damian Williams, the U.S. Attorney for the Southern District of New York, Birnbaum …

25 07, 2022

London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain

By | July 25th, 2022|Uncategorized|Comments Off on London’s Financial Center Struggles to Find Its Way in Post-Brexit Britain

London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game — that is the warning from Mark Austin, the latest person charged with sprucing up the UK’s listing rules and …