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Public Servants Are Losing Their Foothold in the Middle Class
Even as private employers have rebounded from the recession, the public sector’s ranks have withered, and pay and benefits have lagged.

POSTED APRIL 23, 2018 12:32 AM
Sears C.E.O. Says His Firm Would Buy Retailer’s Kenmore Brand
Edward Lampert, whose ESL Investments owns a controlling stake in Sears, proposed a deal that would yield cash for the company in exchange for several of its remaining assets, including real estate.

POSTED APRIL 23, 2018 4:30 PM
Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud
The personal payment platform Zelle is flourishing. But so are fraudsters, who are exploiting weaknesses in the banks’ security.

POSTED APRIL 22, 2018 11:32 PM
Tariff Dodgers Stand to Profit Off U.S.-China Trade Dispute
Chinese brokers send goods around the world to disguise their origin and escape penalties. Tougher trade rules may end up only helping them.

POSTED APRIL 23, 2018 2:59 AM
Overseer Faults Volkswagen’s Reform Efforts Since Emissions Scandal
Larry Thompson, a former U.S. deputy attorney general, said the carmaker had not held wrongdoers accountable or been serious enough about change.

POSTED APRIL 23, 2018 1:07 AM
A Former Top Wall Street Regulator Turns to the Blockchain
Gary Gensler, who once led the Commodity Futures Trading Commission, has joined M.I.T., where he is warning about potential problems for virtual currencies.

POSTED APRIL 23, 2018 3:39 AM
Prominent Exit From Ad Industry Sets Off Questions About Future
The resignation of WPP’s Martin Sorrell shocked the industry and also highlighted the question of what‘s next for advertising companies in a dynamic era.

POSTED APRIL 22, 2018 11:56 PM
In Message to Trump, Europe and Mexico Announce Trade Pact
The update of an existing pact will lift trade in dairy, digital goods and other products, and sends a message that some of America’s trading partners are moving on.

POSTED APRIL 21, 2018 10:38 PM
Is Facebook’s Campbell Brown a Force to Be Reckoned With? Or Is She Fake News?
As Facebook’s head of news partnerships, Ms. Brown, a former CNN and NBC anchor, is emerging as a surprisingly adept negotiator for her publishing vision at the social network.

POSTED APRIL 23, 2018 4:35 PM
Economic View: How the Loss of Union Power Has Hurt American Manufacturing
The nation’s union leaders once had the president’s ear through seats in the cabinet as secretaries of labor. And then they stopped getting that job.

POSTED APRIL 20, 2018 10:13 PM

News – Insurance Journal

Tuttle Named Operations Director for TDECU Insurance Agency
Lake Jackson, Texas-based TDECU Insurance Agency LLC has named Janet Tuttle as its new director of Insurance Operations. Tuttle previously served as operations manager for the agency. As insurance operations director, Tuttle will oversee the daily operations and growth initiatives …

POSTED APRIL 23, 2018 4:47 PM
Court Reinstates Lawsuit Against Website in Wisconsin Spa Shooting Case
A state appeals court has reinstated a lawsuit against operators of a website that facilitated the purchases of a gun used in a mass shooting in suburban Milwaukee, Wisconsin, five years ago. Radcliffe Haughton killed his wife, Zina Daniel Haughton, …

POSTED APRIL 23, 2018 4:42 PM
West Virginia Settles With Pharmacy Accused of Providing 10M Painkillers
A pharmacy accused of dispensing millions of prescription pain pills in West Virginia has agreed to a $550,000 settlement with the state. In a news release, Attorney General Patrick Morrisey says the settlement of a lawsuit involving Larry’s Drive-In Pharmacy …

POSTED APRIL 23, 2018 4:41 PM
OSHA Investigating Fatal Missouri TV Tower Collapse
Federal safety investigators are on the scene of a TV tower collapse in southwest Missouri that left one person dead. OSHA investigators are trying to determine what caused the 1,980-foot tower to collapse Thursday near Fordland. One man, 56-year-old Steve …

POSTED APRIL 23, 2018 4:39 PM
State of Emergency Declared for 2 North Carolina Counties Hit by Tornado
Gov. Roy Cooper has declared a state of emergency in two North Carolina counties which suffered major damage from a tornado. Cooper’s declaration Friday for Guilford and Rockingham counties means state government resources can help governments with recovery efforts. It …

POSTED APRIL 23, 2018 4:35 PM
Lance Armstrong, US Government Settle Lawsuit for $5M
Lance Armstrong reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France victories after admitting he …

POSTED APRIL 23, 2018 4:33 PM
Kansas Insurance Commissioner Running for Governor, Releases Tax Returns
A Republican running for Kansas governor has released his income tax returns for the past three years and is calling for other candidates to do so. Insurance Commissioner Ken Selzer said Friday that he’s setting an example of transparency. Selzer …

POSTED APRIL 23, 2018 4:28 PM
Sheriff: Arson a Possibility in Deadly Oklahoma Wildfire
Authorities are investigating the possibility of arson in connection with one of two large wildfires burning in Oklahoma, a blaze that’s resulted in the death of one person. Dewey County Sheriff Clay Sander said that one person has been questioned, …

POSTED APRIL 23, 2018 4:25 PM
Sompo International Receives Luxembourg OK for Post-Brexit P/C Subsidiary
Bermuda-based property/casualty insurer and reinsurer Sompo International Holdings Ltd. said it has received the regulatory approvals from the Ministry of Finance of Luxembourg to establish a new subsidiary, SI Insurance -Europe (SIIE). SIIE, which will become operational later in 2018, …

POSTED APRIL 23, 2018 3:40 PM
Hawaiian Island Continues to Recover Following Flood
Recovery efforts continue to help some Hawaii residents get back on their feet following a devastating flood. About 30 community leaders from Kauai’s North Shore met over the weekend to discuss relief efforts and allocate donations and services to areas …

POSTED APRIL 23, 2018 3:38 PM

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