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Archive for May 2022

Argo Testing Driverless Vehicles on Miami and Austin Streets

AUSTIN —Self-driving startup Argo AI on Tuesday said it was having driverless vehicles carry employees around streets of Miami, Florida and Austin, Texas, noting that commercial applications would follow after an unspecified time. Argo, backed by Ford Motor Co. and … Source: Claims Journal

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Allianz to Pay $6B in US Fraud Case, Fund Manager Charged

Germany’s Allianz agreed to pay more than $6 billion and its US asset management unit will plead guilty to criminal securities fraud over the collapse of its Structured Alpha funds early in the COVID-19 pandemic. Allianz’s settlements with the U.S. … Source: Claims Journal

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Northeastern Minnesota Bracing for Record Flooding

LUTSEN, Minn. (AP) — Communities in northeastern Minnesota are preparing to deal with more flooding and are calling for volunteers to help with sandbagging. Near Voyageurs National Park, most docks are under water at area lakes and some 200 homes … Source: Claims Journal

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Grain Silo Explosion, Fire Shutters Illinois Ethanol Plant

CHICAGO –– A grain silo imploded and set the BioUrja Group’s ethanol plant in central Illinois on fire, sending two employees to the hospital and forcing the closure of the facility, a company executive said on Thursday. The incident happened … Source: Claims Journal

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Firefighters Battle Large Forest Fire in White Mountains

BARTLETT, N.H. (AP) –Firefighters in New Hampshire are battling a large forest fire that’s burned hundreds of acres in the White Mountains this weekend. The U.S. Forest Service said federal, state and local personnel responded to a fire on state … Source: Claims Journal

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