PG&E settles wildfire claims with insurers for $11 billion
PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California.
Chicago brokerage to pay $1.5 million for cyber attack lapses: U.S. CFTC
The U.S. Commodities Futures Trading Commission (CFTC) said on Friday that a Chicago-based futures brokerage will pay a total of $1.5 million for letting cyber criminals breach the firm’s email systems and withdraw $1 million from a customer’s account….
UAW and Ford, FCA agree to temporary labor contract extensions
The United Auto Workers (UAW) union has agreed to temporary extensions of its collective bargaining agreements with Ford Motor Co and Fiat Chrysler Automobiles NV to allow more time for talks on new four-year contracts, a union spokesman said.
McCabe lawyer presses Justice Department to drop criminal case
A lawyer for former FBI official Andrew McCabe pressed U.S. prosecutors on Friday to drop their politically sensitive case against him, citing reports that suggest they may be having trouble securing criminal charges.
Senator Harris takes aim at Trump antitrust probe of automakers over emissions
U.S. Senator and Democratic presidential candidate Kamala Harris on Friday asked a government watchdog to look into the Trump administration’s decision to launch an antitrust probe into four automakers cooperating with California on tighter greenhouse …
Northern Bahamas brace for new storm, hampering Dorian relief
The leading edge of a potential tropical storm brought rain and wind to the Bahamas early Friday, complicating the search for 1,300 people missing in the wake of the worst hurricane to ever hit the island nation and efforts to bring relief to survivors…
Actress Felicity Huffman goes to court for U.S. college scandal sentencing
Actress Felicity Huffman, the first parent set to be sentenced in a wide-ranging U.S. college admissions cheating scandal, faces prison time on Friday after earlier pleading guilty for paying to rig her daughter’s entrance exam.
Factbox: Celebrities, CEOs await sentencing or trial in U.S. college fraud scheme
Federal prosecutors will begin sentencing some of the 51 people involved in a $25 million scheme to help celebrities, chief executives and other wealthy Americans cheat their children’s way into elite universities, including Yale, Georgetown and Stanfo…
Lawsuit against Fox News over retracted Seth Rich story is revived
A federal appeals court on Friday revived a lawsuit against Fox News Network by the parents of Seth Rich, a former Democratic aide whose unsolved murder sparked uncorroborated conspiracy theories.
Salini Impregilo in deal to help build Texas high speed train: statement
Italian builder Salini Impregilo and its U.S. subsidiary Lane Construction Company have signed a contract to help build a new high-speed train line in Texas, the developing company Texas Central said on Friday.
