Archive for February 2021
Lawsuit Says Tyson Foods Misled Shareholders About Covid-19 Protocols
NEW YORK — U.S. meat and poultry processor Tyson Foods Inc was sued on Tuesday for allegedly defrauding shareholders with misleading disclosures about its ability to combat the spread of the coronavirus in its facilities. The lawsuit, which seeks class-action … Source: Claims Journal
Read MoreInsurance Tech Firm CCC Information to Go Public Via $7B SPAC Deal
CCC Information Services said on Wednesday it was going public through a merger with blank-check firm Dragoneer Growth Opportunities Corp, in a deal that valued the data and technology provider to auto and insurance firms at about $7 billion. The … Source: Claims Journal
Read More59 Homes Lost, More Threatened in Australian Wildfire
PERTH, Australia (AP) — An out-of-control wildfire burning northeast of the Australian west coast city of Perth has destroyed at least 59 homes and was threatening more Tuesday, with many residents across the region told it is too late to … Source: Claims Journal
Read MoreCrews Work to Repair Washed-Out Scenic Highway Near Big Sur
SAN FRANCISCO (AP) — Crews worked Monday to determine when they can rebuild a section of scenic roadway near Big Sur after it collapsed in torrential rain last week, but the damage was not as bad as from a 2017 … Source: Claims Journal
Read MoreMauna Kea Protests Police Presence Backed by Appeals Court
KAILUA-KONA, Hawaii (AP) — A Hawaii appellate court has ruled that Hawaii County’s police chief was within his authority when he requested help from police in other counties during the 2019 protests over the Thirty Meter Telescope. The state Intermediate … Source: Claims Journal
Read MoreLawsuit Tests State’s Request That Insurers Be Generous With Civil Unrest Claims
A lawsuit filed by the owner of a Chicago hotel and its rooftop bar will put to test a request by the Illinois Insurance Department that insurers disregard any slowdown caused by COVID-19 when calculating business income lost due to … Source: Claims Journal
Read MoreSpaceX Starship Prototype Rocket Explodes on Landing After Test Launch
A prototype of SpaceX’s Starship rocket exploded during a landing attempt minutes after a high-altitude experimental launch from Boca Chica, Texas, on Tuesday, in a repeat of an accident that destroyed a previous test rocket. The Starship SN9 that blew … Source: Claims Journal
Read MoreRogue Captain’s Mid-Ocean Detour Tips Investors to Crisis at Sea
Terence Tsai started hearing about the growing labor crisis in shipping in a roundabout way. First, in March, an official at a ship management company in Hong Kong let slip that a captain had purposefully diverted a vessel under its … Source: Claims Journal
Read MoreRaging Australian Bushfire Destroys Dozens of Homes
SYDNEY — Firefighters in Western Australia battled gusty winds and high temperatures on Tuesday as they fought a bushfire that has scorched thousands of hectares of land and destroyed more than 56 homes. Television broadcast images of air tankers flying … Source: Claims Journal
Read MoreIndonesian Air Crash Investigators Send Plane Parts to US, UK For Checks
JAKARTA — Indonesia’s air accident investigator has sent five components of a crashed Sriwijaya Air jet to the United States and Britain for examination, including the autothrottle that controls engine power automatically, the agency’s head said on Tuesday. The 26-year-old … Source: Claims Journal
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