Uncategorized
Boeing Pulls 2019 Forecast, Suspends Buybacks
Boeing is pulling its 2019 forecast over 737 Max uncertainty and says it’s suspending its stock buybacks. The aerospace giant also provided first quarter results on Wednesday that beat Wall Street’s estimates. Boeing Co. said its previously issued full-year guidance … Source: Claims Journal
Read MoreFloods Stall Fertilizer Shipments in Latest Blow to U.S. Farmers
CHICAGO — Farm supplier CHS Inc has dozens of loaded barges trapped on the flood-swollen Mississippi River near St. Louis – about 500 miles from the company’s two Minnesota distribution hubs. The barges can’t move — or get crucial nutrients … Source: Claims Journal
Read MoreCatch Them If You Can: The Soaring Business of Downing Drones
Just shoot them down? After troublesome drones infiltrated London’s Gatwick airport late last year, disrupting passenger flights and costing potentially millions of pounds in revenue, that was the instinctive question posed by the watching world. But for some businesses, shooting … Source: Claims Journal
Read MoreFBI Reports Cybercrime Losses Nearly Doubled in 2018
The amount of reported losses from cyber crime nearly doubled in 2018 to $2.7 billion, with almost half of that from business email schemes that targeted wire transfer payments, according the FBI’s 2019 Internet Crime Report. The report, prepared by … Source: Claims Journal
Read MorePuerto Rico Oversight Board Loses Bid to Extend Claims Filing Deadline
A U.S. judge on Wednesday denied a request by Puerto Rico’s federally created financial oversight board to extend a looming deadline to file claims, the latest hurdle for its plan to recoup billions of dollars paid to bondholders of potentially … Source: Claims Journal
Read MoreScaffolding Firm Says Workers Smoked at Notre Dame, Despite Ban
PARIS — A scaffolding firm that has worked on the roof of Notre Dame said some of its workers had smoked on the site, but ruled out that a cigarette butt might have started the fire that destroyed the cathedral’s … Source: Claims Journal
Read MorePopular Heart Drugs Tainted by Carcinogens Face Wave of Lawsuits
Dozens of lawsuits have been filed against drug makers and sellers over widely prescribed generic heart medications tainted with potential carcinogens, the first claims in what some lawyers expect to be a wave of litigation. Millions of Americans have taken … Source: Claims Journal
Read MoreExplosions Threatening Lithium-Ion’s Edge in a Battery Race
Another lithium-ion battery has exploded, this time at an energy-storage complex in the U.S. At least 21 fires had already occurred at battery projects in South Korea, according to BloombergNEF. But this latest one, erupting on Friday at a facility … Source: Claims Journal
Read MoreCustomers Videotaped at Spa in Kraft Case Sue Florida Authorities
FORT LAUDERDALE, Fla. — Nearly three dozen men and women have filed a federal class-action lawsuit accusing Florida authorities of unlawfully videotaping them as they received legal massages at a parlor where New England Patriots owner Robert Kraft and others … Source: Claims Journal
Read MoreCalifornia May Boost Rules for Homes at High Wildfire Risk
SACRAMENTO, Calif. — Years of increasingly deadly California wildfires spurred lawmakers to consider regulations Tuesday that would toughen local governments’ requirements for approving housing developments in high-risk areas. A state Senate committee voted 8-3 Monday to advance a measure requiring … Source: Claims Journal
Read More