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Developers Pulling Plug on South Florida Projects Due to Insurance Costs
Spiking insurance costs are impacting the real estate market in south Florida, causing some developers to put major projects on hold – despite booming demand for residential and commercial property. The Wall Street Journal reported Tuesday that a number of …
POSTED NOVEMBER 30, 2022 3:10 PM |
What hazards are posed by Hawaii’s Mauna Loa?
Lava is shooting 100 feet to 200 feet into the air as Hawaii’s Mauna Loa, the world’s largest active volcano, erupts for the first time in nearly 40 years. For now, lava is not threatening any homes or communities and …
POSTED NOVEMBER 30, 2022 3:05 PM |
Lawyer Calls Fatal Car Crash Into Apple Store ‘100% Preventable’ in Announcing Suit
The recent crash into an Apple storefront in Massachusetts that killed one person and injured 19 was “100% preventable,” according to the attorney for two of those injured in the accident. Boston attorney Douglas K. Sheff has brought lawsuits against …
POSTED NOVEMBER 30, 2022 2:34 PM |
Bitcoin Is Being Artificially Propped Up and Shouldn’t Be Legitimized: ECB
Bitcoin is being artificially propped up and should not be legitimized by regulators or financial companies as it is more akin to gambling, the European Central Bank said on Wednesday. Bitcoin and other cryptocurrencies have been variously presented as an …
POSTED NOVEMBER 30, 2022 1:55 PM |
Aircraft Lessors’ Lawsuits Against Their Insurers Rise to $8B for Seized Russian Planes
Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since Moscow’s invasion of Ukraine. More than 400 leased planes worth around $10 …
POSTED NOVEMBER 30, 2022 1:39 PM |
Cyber Attackers Cripple IT Systems of Prominent Indian Hospital
Cyber attackers have crippled systems at one of India’s most prominent hospitals for a week, forcing the institution to operate a raft of key medical services and labs manually. The All India Institute of Medical Sciences — a hospital that’s …
POSTED NOVEMBER 30, 2022 9:10 AM |
Western Governments Struggle to Set Russian Oil Price Cap Before Dec. 5
Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine. The plan is meant to punish Russia while at the same time …
POSTED NOVEMBER 30, 2022 8:56 AM |
Sunshine Insurance Begins Taking Investor Orders for $950 Million IPO
Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong Kong initial public offering. Beijing-based Sunshine Insurance started taking investor orders for about 1.15 billion new shares on Wednesday, according …
POSTED NOVEMBER 30, 2022 8:45 AM |
Russia Seeks to Boost Recognition of its Shipping Insurance to Dodge Sanctions
Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related products abroad in the face of Western sanctions, a government official was quoted as saying on Tuesday. Western sanctions imposed …
POSTED NOVEMBER 30, 2022 8:30 AM |
Judges Appear Skeptical of Fired Amazon Organizer’s Race Bias Claims
A U.S. appeals court on Tuesday seemed unlikely to revive claims that Amazon.com Inc. fired New York warehouse worker Christian Smalls, a pivotal figure in a campaign to unionize the company’s workforce, because of his race. A three-judge 2nd U.S. …
POSTED NOVEMBER 30, 2022 7:57 AM |
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