Latest USA Headlines

All the headlines from our USA Topic Page, ordered by recency.

Small Businesses Hampered by Uninsured Damage After 2017 Hurricanes: Fed Reserve

Apr 17 2018 // Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires, according to a Federal Reserve survey published on Tuesday.The report by...

Insured Losses from Europe’s Storm Friederike Rise to €1.63B (US$2.0B): PERILS

Apr 17 2018 // PERILS AG has issued its second loss estimate of €1.63 billion for Europe’s windstorm Friederike, also known as David. Friederike caused property damage in the British Isles, Belgium, the Netherlands and Germany on...

After Amazon Conquers Banking, Insurance Could be Next

Apr 17 2018 // Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger...

Terrorist Attack Victims Seek to Restart Lawsuit Against Facebook After Zuckerberg Testimony

Apr 17 2018 // A lawyer for victims of terrorist attacks in Israel on Monday urged a federal appeals court to revive their lawsuit against Facebook Inc., saying Mark Zuckerberg’s congressional testimony undermined the social media...

U.S. & U.K. Blame Russia for Global Cyber Attacks on Governments, Businesses

Apr 17 2018 // The United States and Britain on Monday accused Russia of launching cyber attacks on computer routers, firewalls and other networking equipment used by government agencies, businesses and critical infrastructure operators...

Toyota Plans to Sell Talking Cars in U.S. Within 3 Years

Apr 17 2018 // Toyota Motor Corp. plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents...

Data Show Rise in Fatal Car Crashes on 4/20 Marijuana ‘Holiday’

Apr 16 2018 // Marijuana users’ self-proclaimed holiday is linked with a slight increase in fatal U.S. car crashes, an analysis of 25 years of data found.The study lacks evidence on whether pot was involved in any of the April 20...

Data Show Rise in Fatal Car Crashes on 4/20 Marijuana ‘Holiday’

Apr 16 2018 // Marijuana users’ self-proclaimed holiday is linked with a slight increase in fatal U.S. car crashes, an analysis of 25 years of data found.The study lacks evidence on whether pot was involved in any of the April 20...

Octo Telematics’ Execs to Buy 20% of Russian Shareholder Stake, Paving Way for IPO

Apr 13 2018 // Italy’s Octo Telematics announced that its chairman and chief executive have signed a binding agreement to purchase 20 percent of Octo’s shares from Russian company Renova Holdings.This share purchase will...

Republican Farm Bill Calls for Changes to Food Stamps, Renewal of Crop Insurance

Apr 13 2018 // Republicans on the U.S. House Agriculture Committee on Thursday called for changes to the government’s food assistance program for the poor, in a package of long-awaited proposals for the next U.S. Farm Bill that...

Houston-Area Officials Say They Didn’t Know About Reservoir Flood Risks Pre-Harvey

Apr 13 2018 // Houston-area officials said during a congressional hearing that they weren’t aware of forecasts by federal authorities regarding flooding risks from local reservoirs that ended up inundating thousands of homes during...

Climate Change Act: Commit New York to Being Powered by 100% Renewables

Apr 12 2018 // Allianz says it’s further integrating ecological and social responsibility into its core business.The insurance giant, which is already known for its sustainable bent, this week issued a 2017 Sustainability Report...

Octo Telematics’ IPO Delayed After Sanctions Hit Russian Shareholder: Sources

Apr 12 2018 // Italy’s Octo Telematics has put a planned initial public offering on hold after sanctions were imposed on controlling shareholder Renova Holdings and on Renova’s Russian chairman, Viktor Vekselberg, two sources...

Judge Sets Schedule for Opioid Lawsuits Against Drug Companies

Apr 12 2018 // A federal judge pushing for a settlement in lawsuits seeking to hold drug companies responsible for their roles in the U.S. opioid epidemic on Wednesday set an aggressive schedule that would have the first trial take place...

Cautious Facebook CEO Tells Congress ‘Details Matter’ On Any Privacy Regulation

Apr 11 2018 // Facebook Inc. Chief Executive Mark Zuckerberg on Wednesday told lawmakers that his own personal data was included in that of 87 million or so Facebook users that was improperly shared with political consultancy Cambridge...

CoverWallet Expands Presence in U.S. With Rochester Office

Apr 11 2018 // CoverWallet, a small business insurance startup, has expanded its presence in the U.S. with a new office in Rochester, N.Y.This expansion comes as CoverWallet in February announced a strategic partnership with Zurich to...

China’s Ant Financial Targets at Least $8B in Investor Funding: Sources

Apr 11 2018 // China’s Ant Financial Services Group is in talks with investors to boost its fundraising target to at least $8 billion, which could see its valuation jumping to about $150 billion, people with knowledge of the plan...

China to Raise Foreign Ownership Limit in Financial Services by Year-End

Apr 11 2018 // China laid out a clearer timetable on Wednesday for opening its financial sector to more foreign investment by the end of 2018, as Beijing looks to fend off growing criticism from the United States and others that it...

Court Rules Employers Cannot Use Salary History to Justify Gender Wage Gap

Apr 11 2018 // A U.S. appeals court on Monday ruled employers cannot use workers’ salary histories to justify gender-based pay disparities, saying that would perpetuate a wage gap that is “an embarrassing reality of our...

Natural Disasters Cost Insurers a Record $144 Billion in 2017: Swiss Re’s sigma

Apr 10 2018 // Global insured losses from natural catastrophes were US$144 billion in 2017, the highest-ever recorded in a single year, according to the latest sigma study from the Swiss Re Institute.The biggest losses came from...