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NEW YORK — David Burt helped two of the protagonists of Michael Lewis’ book The Big Short bet against the U.S. mortgage market in the run-up to the 2008 financial crisis. Now he’s betting against the market again, but this … Source: Claims Journal

SINGAPORE — German startup Volocopter said Singapore is emerging as one of the most likely destinations for the commercial launch of its electric helicopters, where it hopes to offer short-hop flights for the price of a limousine ride. The co-founder … Source: Claims Journal

Liberty Mutual Selects Duck Creek for Comp Claims Liberty Mutual has contracted with Duck Creek Technologies to merge two legacy systems into a single fully-integrated workers’ compensation management system. The Boston-based carrier said Duck Creek will lead a multi-year effort … Source: Claims Journal

Some generic Zantac is being pulled from major chain pharmacies in the U.S. shortly after French officials recalled all versions of the popular stomach drug amid a global investigation into a carcinogen found in the pills. Canadian drugmaker Apotex Inc. … Source: Claims Journal

Around noon one Wednesday in July, two school districts from California’s Central Valley auctioned off their bonds to Wall Street underwriters. Both had the same credit rating. The deals were of similar size. They were being issued for the same … Source: Claims Journal

E-cigarette maker Juul is shutting down broadcast, print and digital advertising and ending lobbying efforts in Washington as safety concerns over vaping intensify. The company on Wednesday said its CEO was stepping down and will be replaced by a senior … Source: Claims Journal

SAN FRANCISCO — Tens of thousands of Northern Californians will find themselves without electricity Wednesday as Pacific Gas & Electric cuts power to reduce the threat of hot, dry, gusty weather knocking down power lines and sparking wildfires. The utility … Source: Claims Journal

DULUTH, Minn. — A homeless man who admitted starting a fire that destroyed a 117-year-old synagogue in Minnesota, then walking away from the growing blaze because he couldn’t douse it by spitting on it, is expected to get probation after … Source: Claims Journal

NEW YORK – Facebook Inc and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will … Source: Claims Journal

The Cleveland judge overseeing more than 2,000 federal lawsuits over alleged opioid abuses refused to disqualify himself from a bellwether trial set to start next month, rejecting a request by drug distributors and pharmacies who say he is biased against … Source: Claims Journal