Jamaican officials urged residents to brace for Hurricane Melissa as it tracked toward the island at Category 5 strength, packing intense rains and winds and threatening to cause widespread destruction. Melissa’s top winds are holding at 175 miles (282 kilometers) …
Hurricane Melissa Nears Jamaica as Island’s Worst-Ever Storm Read More »
Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as Hurricane Melissa barrels toward the Caribbean island as a Category 5 storm. “Based on current models there is a high chance that there will …
Catastrophe Bond Investors Told to Brace for Jamaica Payout Read More »
The Canada Pension Plan Investment Board was sued by a group of young people who claim the pension fund is putting their benefits in jeopardy by mismanaging climate-related financial risks. Aliya Hirji, Travis Olson, Ravneet Singh and Chloe Tse, who …
Canada Pension Fund Sued by Young People Over Climate Risks Read More »
PepsiCo has resolved a lawsuit accusing it of falsely marketing its Gatorade protein bars as good for you, though they contain more sugar than protein and more sugar than Snickers bars and chocolate-frosted Dunkin’ donuts. U.S. District Judge Casey Pitts …
PepsiCo Resolves Lawsuit Over Gatorade Health Bar Claims Read More »
State Supreme Court reviews of workers’ compensation cases are rare, but in Kentucky last week, the state high court handed down no fewer than three opinions – all of which emphasize long-established case law. The court ruled against an insurer …
Kentucky Supreme Court Weighs in on Three Workers’ Comp Cases Read More »
A New Jersey officer has been charged with misconduct after prosecutors say he didn’t quickly respond to and properly investigate reports of a shooting that turned out to be a double murder, instead stopping at an ATM and pizzeria. Franklin …
Officer Faces Misconduct Charge for ATM, Pizza Stops Instead of Murder Investigation Read More »
Ramaco Resources said on Monday it plans to establish what it called the first U.S. stockpile of rare earth elements and critical minerals in Wyoming, in a move to bolster domestic raw material supply for defense and clean-energy industries. China …
Wyoming to Be Hub for US Rare Earth, Critical Mineral Stockpile Read More »
Tom Hayes, the former trader who was a face of the global Libor-rigging scandal before his conviction was overturned in July, sued his former employer UBS for more than $400 million, saying the Swiss bank cast him as the “evil …
Exonerated Trader Sues UBS for $400 Million Over Libor Accusations Read More »
In the summers, the sky is jet black when Raul Cruz arrives at this Imperial Valley sugarcane field to start his day. He chops, cleans and bundles the crop, taking heed as the sun rises. It’s hard work, but so …
Researchers in California Are Mapping Rural Heat to Protect Farmworkers Read More »
American International Group today said it has a definite agreement to acquire the renewal rights for most of the Everest Group’s retail commercial insurance business. Everest will focus on its global wholesale and specialty insurance businesses. The renewal rights of …
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B Read More »
