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GM, Ford Outdo Each Other With Electric Vehicle Investments
DETROIT (AP) — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology. The announcements Wednesday came as crosstown … Source: Claims Journal
Read MoreN.H. Hotel Group Chalks Rare Win in Pandemic-Related Business Interruption Lawsuit
CONCORD, N.H. (AP) — A judge has ruled in favor of a group of hotels whose owners sued their insurance carriers over lost business during the coronavirus pandemic. Businessman Mark Stebbins of Schleicher & Stebbins Hotels, LLC, one of the … Source: Claims Journal
Read MoreCalifornia Farmers Told Drought Could Cut Off Their Water
SACRAMENTO, Calif. (AP) — Thousands of Central California farmers were warned Tuesday that they could face water cutoffs this summer as the state deals with a drought that already has curtailed federal and state irrigation supplies. The State Water Resources … Source: Claims Journal
Read MoreAppeals Court Clears Investor Lawsuit Seeking $200M From Former Tower Group Owners
Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint group of insurance companies may proceed with most of the claims they made in a New York lawsuit, a California … Source: Claims Journal
Read MoreJustice Dept. Sues to Stop Aon’s Purchase of Willis Towers Watson
WASHINGTON — The U.S. Justice Department filed a lawsuit on Wednesday aimed at stopping insurance broker Aon’s $30 billion acquisition of Willis Towers Watson because it would reduce competition and could lead to higher prices. The deal would combine the … Source: Claims Journal
Read MoreTexas Girds for Blackouts as Heat Wave Rolls On
Texas is pushing homes and businesses to conserve electricity for a second day in a row to stave off blackouts as a punishing heat wave bakes the western U.S. Temperatures will top 100 degrees Fahrenheit (38 degrees Celsius) from Montana … Source: Claims Journal
Read MoreSri Lanka Seeks UN help in Assessing Damage From Ship Fire
COLOMBO, Sri Lanka (AP) _ Sri Lanka’s government is seeking help from the United Nations and other countries in assessing the environmental damage caused by a fire on a container ship carrying chemicals that is sinking off its capital, officials … Source: Claims Journal
Read MoreArizona Legislature to Hold Special Wildfire Funding Session
PHOENIX (AP) — The Arizona Legislature will convene in special session this week to consider adding $100 million in funding for fighting wildfires and to boost the amount of money available to clear hazardous brush and deal with the damage … Source: Claims Journal
Read MoreFeds Inspected Illinois Chemical Plant Weeks Before Blast
A northern Illinois chemical plant that was rocked by an explosion and massive fires that prompted evacuations was inspected by a federal agency less than a month before the blast sent debris raining down onto nearby areas. Inspectors from the … Source: Claims Journal
Read MoreIkea Fined $1.3 Million Over Spying Campaign in France
VERSAILLES, France (AP) — A French court ordered home furnishings giant Ikea to pay some 1.1 million euros ($1.3 million) in fines and damages Tuesday over a campaign to spy on union representatives, employees and some unhappy customers in France. … Source: Claims Journal
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