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East Coast Ports Rushed to Attract Mega Ships. Now, One Is Stuck Outside D.C.
The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to America’s East Coast from Asia. Now, one of those giant vessels has been stuck near the … Source: Claims Journal
Read MoreElon Musk Can’t Avoid Scrutiny of His Tesla Tweets, SEC Says
Elon Musk’s tweets about Tesla Inc. will remain a valid subject for government investigation even if a court throws out a his 2018 agreement with the U.S. Securities and Exchange Commission, the agency told a judge. Musk is seeking to … Source: Claims Journal
Read MoreBerkshire’s $11.6B Alleghany Deal Expands Insurance Business
Warren Buffett, who started the year bemoaning the lack of potential acquisitions for his conglomerate, Berkshire Hathaway, announced Monday that it would acquire the insurance company Alleghany for $11.6 billion. The scarcity of investment targets over the past several years … Source: Claims Journal
Read MoreChina Searches for Survivors From Plane Crash with Cause Still Unclear
WUZHOU, China –– Rescuers in southern China searched for survivors from a China Eastern Airlines 600115.SS jet on Tuesday after it crashed with 132 people on board and authorities said severe damage to the aircraft would make it difficult to … Source: Claims Journal
Read MoreJapan Turns Down the Heat and Dims the Lights to Avoid Power Cut After Quake
TOKYO —Japanese turned off neon signs, dimmed their lights and dialed down thermostats on Tuesday after the government issued an urgent call to save energy to avoid blackouts after an earthquake last week caused a serious power shortage. Up to … Source: Claims Journal
Read MoreFishing Boat Sinks in New Zealand Storm, 4 Dead, 1 Missing
WELLINGTON, New Zealand (AP) — Rescuers on Monday were continuing to search for one person still missing a day after a chartered fishing boat carrying 10 people sank in a storm off the New Zealand coast. A helicopter rescued five … Source: Claims Journal
Read MoreNev. Supreme Orders WC Benefits for Worker Who Tripped During Walk While on a Break
A worker who was injured when she tripped over an uneven sidewalk while walking during a rest break is eligible for workers’ compensation benefits because the sidewalk was under the control of her employer, the Nevada Supreme Court ruled Friday. … Source: Claims Journal
Read MoreRhode Island Reaches $107M Opioid Settlements With Teva and Allergan
Rhode Island’s attorney general on Monday announced settlements he valued at $107 million against the drugmakers Teva Pharmaceutical Industries and AbbVie’s Allergan unit to resolve claims over their roles in fueling an opioid epidemic in the state. Attorney General Peter … Source: Claims Journal
Read MoreScouts Reach Deal With Catholic Committee in BSA Bankruptcy
DOVER, Del. (AP) — A committee representing several Catholic entities in the Boy Scouts of America bankruptcy has reached a settlement with the BSA and is withdrawing its objections to its proposed reorganization plan, attorneys told a judge Friday. The … Source: Claims Journal
Read MoreNorway’s Equinor Shuts Snorre B Oil Platform After Earthquake
OSLO —Norway’s Equinor has shut its Snorre B oil platform as a precautionary measure following an earthquake in the North Sea, the company said on Monday. It was not yet clear when Snorre B, which produces between 30,000-35,000 barrels per … Source: Claims Journal
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