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Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports
Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles outdoors and away from structures until a fix is completed. The recall, which covers some 2021 model …
POSTED MAY 19, 2022 12:03 PM |
Delaware Governor Signs Paid Family, Medical Leave Law
Delaware Governor John Carney has signed legislation creating a statewide paid family and medical leave insurance program. Under the new law, eligible Delaware workers can get up to 12 weeks of paid leave to address a worker’s own or family …
POSTED MAY 19, 2022 11:47 AM |
Investigation Underway Into Massachusetts Apartment Building Fire That Took 4 Lives
WORCESTER, Mass. (AP) —The number of people who died in a fire at a Massachusetts apartment building last weekend has climbed to four with the discovery of two more bodies on Monday, fire officials said. The search of the three-story, …
POSTED MAY 19, 2022 11:35 AM |
Rhode Island Lawmakers Revise Recreational Marijuana Bill Ahead of Next Week’s Votes
Rhode Island lawmakers unveiled changes Tuesday to a bill to legalize and regulate recreational marijuana, revisions that aim to ensure the legislation passes the state’s General Assembly. The amended bill was released Tuesday in advance of committee votes scheduled for …
POSTED MAY 19, 2022 11:32 AM |
Global Broking Network Brokerslink Adds First Tech Firms as Members
Brokerslink has added six technology firms as members – the first non-broking or risk consulting firms to join the global network since its creation in 2004. These “B.tech affiliates” signal the network’s intent to enter a new era of digitalization, …
POSTED MAY 19, 2022 10:13 AM |
Investment Firm Brookfield to Buy UK Repair Site HomeServe for £4.1B
Brookfield Asset Management Inc. agreed to buy emergency household repairs provider HomeServe Plc in a deal valuing the company at £4.1 billion ($5 billion), one of the UK’s largest take-private transactions this year. Investors will get 1,200 pence for each …
POSTED MAY 19, 2022 9:50 AM |
Generali Q1 Net Profit Beats Forecasts, Despite Russia Impairments
Assicurazioni Generali beat expectations in the first quarter even as impairments on Russia drove net profit lower, a boost for CEO Philippe Donnet who last month won a shareholder battle to keep his job for another three years. Italy’s biggest …
POSTED MAY 19, 2022 9:27 AM |
Timeline of Key Events in Collapse of Allianz’s Structured Alpha Funds
Germany’s Allianz has agreed to pay about $6 billion and its U.S. asset management unit will plead guilty to fraud after a group of its multibillion investment funds collapsed amid market turmoil triggered by the coronavirus pandemic in 2020. Here …
POSTED MAY 19, 2022 8:33 AM |
Hungary Eyes Raising Domestic Ownership in Sectors Such as Insurance
Hungary should boost domestic ownership in more key sectors in addition to banking, media and energy, a cabinet minister-designate said on Wednesday, signaling more pressure on foreign companies to scale back their presence in the country. Prime Minister Viktor Orban, …
POSTED MAY 19, 2022 7:08 AM |
Canada Crop Land ‘Deteriorating’ as Heavy Rain Hinders Planting
Farmers in parts of Canada’s Prairies are struggling to get crops in the ground as heavy rains continue to wallop the eastern region in the latest threat to global grain supplies. Virtually no seeding has been done in Manitoba as …
POSTED MAY 19, 2022 6:52 AM |
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