Reuters: Top News
|Exclusive: JPMorgan cuts ties with OxyContin maker Purdue Pharma - sources
JPMorgan Chase & Co has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill payments, people familiar with the matter said on Thursday.
POSTED MAY 23, 2019 9:12 PM
|Guatemalan teenage boy dies in U.S. Border Patrol custody
A 16-year-old Guatemalan boy died on Monday in U.S. Border Patrol custody in Texas, U.S. officials said, making him the fifth Guatemalan minor to die after being apprehended at the U.S.-Mexico border since December.
POSTED MAY 23, 2019 9:10 PM
|Trump orders intelligence community to cooperate with review on Russia probe origins
U.S. President Donald Trump on Thursday ordered the intelligence community to cooperate with Attorney General William Barr's review of the events that prompted the FBI to open an investigation into links between the Trump campaign and Russia.
POSTED MAY 23, 2019 9:02 PM
|Harvey Weinstein and accusers reach tentative compensation deal: WSJ
Harvey Weinstein, women who accused him of sexual misconduct, his former film studio's board members and the New York attorney general's office have reached a tentative $44 million deal to resolve lawsuits and compensate alleged victims of the Hollywood producer, the Wall Street Journal reported on Thursday, citing people it said were familiar with the matter.
POSTED MAY 23, 2019 8:46 PM
|U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources
The Federal Aviation Administration (FAA) expects to approve Boeing Co's 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations' aviation agency in a private briefing on Thursday, sources told Reuters.
POSTED MAY 23, 2019 8:38 PM
|NASA chooses technology firm Maxar for lunar platform project
NASA has picked space technology company Maxar Technologies Inc as the first contractor to help build its Gateway platform in lunar orbit, a crucial outpost for America's mission to relay astronauts to the moon in 2024, the U.S. agency said on Thursday.
POSTED MAY 23, 2019 8:34 PM
|Florida executes man convicted of abducting, killing eight women in 1984
A 65-year-old man known as one of Florida's most notorious serial killers who was convicted of kidnapping, sexually assaulting and killing eight women in 1984 was put to death on Thursday.
POSTED MAY 23, 2019 8:12 PM
|FAA chief calls eight-hour meeting on Boeing 737 MAX 'exceedingly positive'
The acting head of the Federal Aviation Administration said on Thursday that an eight-hour meeting with international air regulators to discuss the grounded Boeing Co 737 MAX was "exceedingly positive" and "constructive."
POSTED MAY 23, 2019 7:14 PM
|India's Modi stuns opposition with huge election win
Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.
POSTED MAY 23, 2019 7:13 PM
|The kids aren't alright: Japan struggles to protect its most vulnerable children
Miwa Moriya was 6 when social workers told her she was going to a Christmas party, but instead moved her into a group home for about 60 children in a small city in western Japan.
POSTED MAY 23, 2019 7:08 PM
News – Insurance Journal
|Cost of Flood-Prone Home Buyouts in Missouri, Elsewhere: $5B and Rising
The residents of the small riverside town of Mosby, Missouri, have become accustomed to watching floods swamp their streets, transform their homes into islands and ruin their floors and furniture. Elmer Sullivan has replaced his couch, bed and television. He’s …
POSTED MAY 24, 2019 1:04 AM
|Oklahoma Senate OKs Workers’ Comp Reforms; Bill Goes to Governor
The Oklahoma Senate has approved legislation that makes changes to Oklahoma’s workers’ compensation system that lawmakers say will preserve and strengthen reforms adopted in 2013. An increase in benefits paid to injured workers is included among the provisions of House …
POSTED MAY 24, 2019 12:52 AM
|Mississippi River’s Morganza Floodway May Be Opened for Third Time Ever
A major barrier that keeps the Mississippi River in its current path may be opened for just the third time in its history, potentially flooding a large part of rural Louisiana. Concern is growing that heavy rains will cause the …
POSTED MAY 23, 2019 10:11 PM
|Gorst & Compass in California Names Mulford Senior Transportation Broker
Chatsworth, Calif.-based Gorst & Compass has named Kristi Mulford a senior transportation broker/underwriter. Mulford, who is based in San Marcos, has 18 years of commercial auto insurance experience. She was previously a broker with R.E. Chaix & Associates. She was …
POSTED MAY 23, 2019 8:13 PM
|Congress Agrees on $19 Billion Disaster Aid Bill with Flood Insurance Program Brief Extension
Lawmakers said that they agreed to a $19.1 billion disaster-aid bill after months of disagreement and that President Donald Trump said he will sign it. Senate Appropriations Chairman Richard Shelby called the agreement a “good deal.” He added that he …
POSTED MAY 23, 2019 7:55 PM
|At Least 3 Dead in Central U.S. Storms
A flooded Oklahoma was deluged once again on Wednesday following days of severe weather that’s blamed for at least three deaths after also battering Iowa, Kansas and Missouri, “The biggest concern is more rain. I mean, there’s more rain in …
POSTED MAY 23, 2019 4:31 PM
|Texas Insurance Department: Continuing Ed Service for Agents, Adjusters Improved
A year ago, it took months for insurance agents and adjusters to get continuing education transcripts, course credit and other information from the Texas Department of Insurance. Today, it takes about two weeks, according to the state agency. The improvement …
POSTED MAY 23, 2019 4:22 PM
|Texas Environmentalists Plan Pollution Lawsuit Against Valero
Three Texas environmental groups have notified Valero Energy Corp. of plans to file a lawsuit under the U.S. Clean Air Act for pollution at the company’s Port Arthur, Texas, refinery, the organizations said. Environment Texas, the Sierra Club and the …
POSTED MAY 23, 2019 4:04 PM
|Attorneys Say Ohio State Must Reveal Who Knew About Abuse by Team Doctor
Administrators at Ohio State University should release the names of all coaches, trainers and personnel who knew of but failed to act on complaints about a now-dead team doctor who sexually abused male students for nearly two decades, said attorneys …
POSTED MAY 23, 2019 4:00 PM
|South Dakota Judge Sides With Liberty Mutual in Bad Faith Dispute
A federal judge in South Dakota has dismissed part of a lawsuit filed by a couple who had to tear down their Sioux Falls house after a long-running dispute with their neighbors. Judge Roberto Lange recently granted Liberty Mutual Insurance’s …
POSTED MAY 23, 2019 3:56 PM