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Volkswagen to Get $351M in Dieselgate Settlement With Former Execs
FRANKFURT — Volkswagen said on Wednesday it had agreed to settle claims against four former executives, including long-time CEO Martin Winterkorn, that will see the carmaker receive 288 million euros ($351 million) in compensation related to its emissions scandal. The … Source: Claims Journal
Read MoreGrowing Arizona Wildfires Prompts New Evacuation Orders
SUPERIOR, Ariz. (AP) — Crews made progress toward containing one of two major wildfires in south-central Arizona’s desert hill country, allowing evacuation notices to be lifted for several rural areas though towns elsewhere continued to be threatened. Areas where evacuations … Source: Claims Journal
Read MoreGlobal Glitch: Swaths of Internet Go Down After Cloud Outage
LONDON (AP) — Dozens of websites briefly went offline around the globe Tuesday, including CNN, The New York Times and Britain’s government home page, after an outage at the cloud computing service Fastly, illustrating how vital a small number of … Source: Claims Journal
Read MorePipeline CEO: Ransom Payment Among My ‘Toughest Decisions’
WASHINGTON (AP) — The chief executive of the massive fuel pipeline hit by ransomware last month told senators on Tuesday that authorizing a multi-million-dollar payment to hackers was the right thing to do to bring an end to fuel shortages … Source: Claims Journal
Read MoreGlobal Sting: Secure FBI-Run Messaging Network Tricks Crooks
THE HAGUE, Netherlands (AP) — Criminal gangs divulged plans for moving drug shipments and carrying out killings on a secure messaging system secretly run by the FBI, law enforcement agencies said Tuesday, as they unveiled a global sting operation they … Source: Claims Journal
Read MoreOfficial: Death Toll Rises to 65 in Pakistan Train Collision
GHOTKI, Pakistan (AP) — The death toll from a horrific collision of two trains in southern Pakistan rose to 65 on Tuesday after rescuers pulled 15 more bodies from crumpled cars a day after the crash, government officials said. The … Source: Claims Journal
Read MoreWisc. Supreme: No Coverage for Wife After Husband Torches House
Ismet Islami’s estranged husband burned down her house in 2013. All parties involved agreed that she played no part in the arson. In fact, she was out of the country at the time. Nevertheless, a divided Wisconsin Supreme Court ruled … Source: Claims Journal
Read MoreJBS Rebuffed Call to Boost Cyber Spending, Ex-Employees Say
A few years before it was hit by a major cyberattack, the world’s largest meat producer, JBS SA, rebuffed efforts to spend more on cybersecurity because it wasn’t considered a priority and didn’t show an immediate return on investment, according … Source: Claims Journal
Read More‘Zombie’ Companies Likely to Keep Commercial Insurance Rates Rising
NEW YORK — The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among the major concerns prompting insurers to reduce risk and charge higher premiums, a trend likely … Source: Claims Journal
Read MoreMiami’s South Beach Confronts Disastrous Spring Break
MIAMI BEACH, Fla. (AP) — Florida’s famed South Beach is desperately seeking a new image. With more than 1,000 arrests and nearly 100 gun seizures already during this year’s spring break season, officials are thinking it may finally be time … Source: Claims Journal
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