Archive for February 2021
As Criminals Innovate, ATM Thefts Becoming a Growing Source of Insurer Loss
Convicted bank robber Willie Sutton, when asked why he robbed banks, famously said, “because that’s where the money is.” In today’s socially distanced world, criminals increasingly are turning their attention to the money inside automated teller machines — whether outside … Source: Claims Journal
Read MoreAI Is Becoming a New Weapon in the Battle Against Crop Pests
Artificial intelligence already is making strides in the development of new drugs, and now the pesticide industry wants in on the action. Switzerland’s Syngenta AG has teamed up with Insilico Medicine to use its deep-learning tools to produce sustainable weedkillers. … Source: Claims Journal
Read MoreCanada’s Suncor Energy Reviews Mining Safety After Three Workers Killed
Canada’s second-biggest oil company, Suncor Energy Inc, said on Thursday it had started a third-party safety review, after three contract workers died in two separate mining accidents. Chief Executive Mark Little said the review would focus on mining operations, which … Source: Claims Journal
Read MoreMcKinsey to Pay $573 Million to Settle Claims Over Opioid Crisis Role — Source
Consulting firm McKinsey & Co has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a … Source: Claims Journal
Read MoreJustice Dept. Drops Yale Admissions Discrimination Lawsuit
WASHINGTON (AP) — The Justice Department on Wednesday dropped its discrimination lawsuit against Yale University that had alleged the university was illegally discriminating against Asian American and white applicants. The Justice Department noted in its filing that it was voluntarily … Source: Claims Journal
Read MoreMissouri Lawmaker Indicted For Stem Cell Fraud Scheme
SPRINGFIELD, Mo. — A federal grand jury has indicted a Missouri state legislator on fraud charges after she falsely promoted a treatment she was selling at medical clinics as containing stem cells that could treat various diseases, including COVID-19. The … Source: Claims Journal
Read MoreU.S. Seeks to Seize Suspected Iranian Oil Aboard Foreign Tanker
LONDON — The United States has filed a lawsuit to seize a cargo of oil it says came from Iran rather than Iraq, as stated on the bill of lading, and contravenes U.S. terrorism regulations. The lawsuit filed with the … Source: Claims Journal
Read MoreAmazon Plans AI-Powered Cameras in Delivery Vans to Improve Safety
Amazon.com has revealed plans to install AI-powered video cameras in its branded delivery vans, in a move that the world’s largest e-commerce firm says would improve safety of both drivers and the communities in which they deliver. The company recently … Source: Claims Journal
Read MoreJudge Rules McDonald’s Can Sue Ousted CEO Over Alleged Lies About Affairs
A Delaware judge on Tuesday rejected former McDonald’s Corp Chief Executive Steve Easterbrook’s bid to dismiss a lawsuit by the fast-food chain seeking to recoup millions of dollars in severance pay because he allegedly covered up improper sexual relationships with … Source: Claims Journal
Read MoreBayer Reaches $2B Deal Over Future Roundup Cancer Claims
Bayer AG struck a $2 billion deal to resolve a class action of future claims relating to allegations that its widely used weedkiller Roundup causes cancer, the company and lawyers for U.S. consumers said on Wednesday. Bayer has been struggling … Source: Claims Journal
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