News
U.N. Report Says Emissions Must be Cut to Zero by 2100 to Curb Climate Risks
Governments can keep climate change in check at manageable costs but will have to cut greenhouse gas emissions to zero by 2100 to limit risks of irreversible damage, a U.N. report said on Sunday. The ...
Scientists Offer Predictions on U.S. Ebola Cases; RMS Says Worst Case 130
Top medical experts studying the spread of Ebola say the public should expect more cases to emerge in the United States by year's end as infected people arrive here from West Africa, including ...
Progressive CEO Renwick Laments Drop in New Agency Auto Applications
While Progressive Corp. generally performed well in Q3, Glenn Renwick, chairman, president and CEO of the Ohio property/casualty insurance giant, was starkly unhappy with the 14 percent drop in new ...
First Trial Over ‘Moldy’ Washers Ends with Win for Whirlpool
Michigan-based Whirlpool Corp has been found not liable by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that ...
Scientists React to Virgin Galactic Explosion: Setbacks Expected; Insurance Required
The explosion of Virgin Galactic's passenger rocket is stirring up mixed emotions as scientists and others involved in the space industry wait for more details on what happened over the Mojave Desert ...
AIG Will Fork Over $35M to Settle New York Licensing Issue
Insurer American International Group will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State ...
Fairfax’s Watsa Says Deflation ‘In the Air’
Prem Watsa is betting on U.S. government debt at his Fairfax Financial Holdings Ltd. to guard against deflation amid stagnation in European economies and slumps in commodity prices and Chinese real ...
Virgin Galactic Spaceship Test Flight Crashes in Desert; Pilot Killed
A spacecraft for Sir Richard Branson's Virgin Galactic Ltd. tourism operator crashed during a test flight in California's Mojave Desert, and CNBC reported that one of two pilots was killed. The ...