Archive for March 2021
Supply Bottlenecks Leave Ships Stranded, Businesses Stymied
NEW YORK (AP) — A trade bottleneck born of the COVID-19 outbreak has U.S. businesses anxiously awaiting goods from Asia — while off the coast of California, dozens of container ships sit anchored, unable to unload their cargo. The pandemic … Source: Claims Journal
Read MoreDozens of Towns Isolated by Flooding in New South Wales, Australia
CANBERRA, Australia (AP) — Hundreds of people have been rescued from floodwaters that have isolated dozens of towns in Australia’s most populous state New South Wales and forced thousands to evacuate their homes as record rain continues to inundate the … Source: Claims Journal
Read MoreThe Hartford Rejects Chubb’s $23 Billion Buyout Offer
The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The Hartford for $23.24 billion. The Hartford said its board determined that entering into discussions regarding a strategic transaction “would not … Source: Claims Journal
Read MoreTool Created to Aid Cleanup From Microsoft Hack in Broad Use
WASHINGTON (AP) — A tool designed to help businesses protect themselves from further compromises after a global hack of Microsoft email server software has been downloaded more than 25,000 times since it was released last week, the White House’s National … Source: Claims Journal
Read MoreUS Charges Swiss ‘Hacktivist’ for Data Theft and Leaks
The Justice Department has charged a Swiss hacker with computer intrusion and identity theft, just over a week after the hacker embarrassed a U.S. security-camera startup and its clients by showing how easy it was to spy on the cameras … Source: Claims Journal
Read MoreClaims People: CCC, Arbella, Davies and IAT
CCC Names Chief Product Officer CCC Information Services appointed Shivani Govil as chief product offficer.She will lead the Chicago insurtech’s product strategy, product management and marketing functions. CCC announced in February plans to go public through a special purpose acquisition … Source: Claims Journal
Read MoreAustralia to Rescue Thousands as Sydney Faces Worst Floods in 60 Years
PITT TOWN, Australia — Australia was set on Monday to evacuate thousands more people from suburbs in Sydney’s west, battered by the worst flooding in 60 years, with torrential rains expected to continue for another day or two. Reuters images … Source: Claims Journal
Read MoreToyota Leads Losses After Renesas Fire Stokes Chip Crunch Fears
Japanese automaker shares fell Monday after a fire unexpectedly halted one of chipmaker Renesas Electronics Corp.’s largest plants, exacerbating a growing global shortage of automotive semiconductors. Renesas slid as much as 5.4%, while customers from Toyota Motor Corp. to Honda … Source: Claims Journal
Read MoreFeds Want to Fix Canal, But Nevada Town Lives Off the Leaks
FERNLEY, Nev. (AP) — A Nevada town founded a century ago by pioneers lured to the West by the promise of free land and cheap water in the desert is trying to block the U.S. government from renovating a 115-year-old … Source: Claims Journal
Read MoreAfter Floods, Eureka, Region Rethink River Management
EUREKA, Mo. (AP) — Kathy Butler now keeps waders, rubber boots and water pumps in her law office. The old brick building on South Central Avenue wasn’t in the flood plain in the 1980s. But it is now. In 2015, … Source: Claims Journal
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