Archive for January 2020

LONDON — Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange … Source: Claims Journal

Bristol-Myers Squibb Co. and Sanofi fought back against an $8 billion lawsuit filed by Hawaii over marketing of their blockbuster blood-thinning drug Plavix, arguing in a counter-suit that the state is trampling on their free-speech rights by demanding unnecessary warning … Source: Claims Journal

As the devastation from Australia’s bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of climate change. Months of out-of-control fires have burnt an area more than five times the size of Wales and industry-wide … Source: Claims Journal

Investigations into the deadly crash of a Boeing Co. jet in Iran will be hampered by escalating tensions with the U.S., amid speculation the plane might even have been a victim of Tehran’s own air defense system. Iranian authorities said … Source: Claims Journal

Another 10 million air bag inflators made by now-defunct Takata Corp. must be repaired in what could be the last major wave of the auto industry’s largest-ever safety recall crisis. The callback disclosed on Wednesday represents the final phase in … Source: Claims Journal

It’s 1995 and you’re planning for the future. Maybe your dream is a comfortable retirement. Maybe it’s a college fund for your children. Maybe it’s something even more ambitious. While some turned their attention to real estate investments or Wall … Source: Claims Journal

Boeing Co. is recommending that airlines put pilots through simulator training before they fly the 737 Max — a stunning reversal that is intended to reassure the flying public of the grounded jetliner’s safety after two deadly crashes. The shift … Source: Claims Journal

INDIANAPOLIS — Here’s something you can be sure Franklin College won’t be highlighting in its student-recruitment marketing: All three of the former Celadon Group Inc. executives charged this year in what prosecutors call a sweeping accounting fraud graduated from the … Source: Claims Journal

GUANICA, Puerto Rico — A 5.8-magnitude quake hit Puerto Rico before dawn Monday, unleashing small landslides, causing power outages and severely cracking some homes. It was one of the strongest quakes yet to hit the U.S. territory that has been … Source: Claims Journal

A study of more than 250,000 women found that those who used talc or other personal-hygiene powders weren’t significantly more likely to develop ovarian cancer, news that will impact thousands of legal claims against drugmaker Johnson & Johnson over the … Source: Claims Journal