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Malware breach at 51 UPS stores 'fully contained': Company

By: Judy Greenwald

Published August 21, 2014 - 2:38pm CST

The UPS Store Inc. said Wednesday that customer data at 51 of its franchised stores in 24 states may have been breached, although the situation is now contained and there is no evidence to date of fraud.

Car rental firm Hertz is latest victim of auto recalls

Published August 21, 2014 - 11:31am CST

(Reuters) — While an improving U.S. economy has helped rev up demand for car rentals, the rental companies have found themselves short of vehicles due to the slew of recalls by car manufacturers this year.

After Russia targets McDonald's, businesses wonder who's next

Published August 21, 2014 - 11:19am CST

(Reuters) — Russia said on Thursday it was investigating dozens of McDonald's restaurants, in what many businessmen said was retaliation for Western sanctions.

EMT's disability lawsuit over counseling for affair reinstated on appeal

By: Judy Greenwald

Published August 20, 2014 - 2:17pm CST

A former emergency medical technician who was fired after she refused psychological counseling that was required by a supervisor concerned about her “immoral” sexual conduct.

Macy's to pay $650,000 to resolve 'shop-and-frisk' probe

Published August 20, 2014 - 11:57am CST

(Reuters) — Macy’s Inc. has agreed to pay $650,000 to New York’s attorney general and install a monitor to resolve allegations that its security personnel targeted minority shoppers.

OFF BEAT: Adjuster who drove her way out of a job winds up with settlement

Published August 20, 2014 - 10:19am CST

Even when a loss assessor contributes to losses for the insurer she works for it’s apparently not sufficient grounds in Ireland to fire her.

Oil spill from power plant closes 15-mile stretch of Ohio River

Published August 19, 2014 - 2:25pm CST

(Reuters) — The U.S. Coast Guard closed a 15-mile stretch of the Ohio River on Tuesday after at least five thousand gallons of fuel oil spilled from a 60-year-old power plant owned by Duke Energy 20 miles east of Cincinnati.

Heinz to tighten supplier controls in China after infant food scare

Published August 19, 2014 - 12:25pm CST

(Reuters) — U.S. foodmaker H.J. Heinz Co. said it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves.

GM expands website for owners of recalled vehicles

Published August 19, 2014 - 11:34am CST

(Reuters) — General Motors Co.'s website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said.

Rail firm poorly audited before Canada disaster: Report

Published August 19, 2014 - 10:47am CST

(Reuters) — The Canadian government did not adequately audit the rail company at the center of last year’s Lac-Megantic oil-by-rail disaster in which 47 people died, the Transportation Safety Board of Canada said on Tuesday.

Nine of 10 New York building plans fail basic energy code test

By: Joe Anuta, Crain's New York Business

Published August 18, 2014 - 3:58pm CST

Earlier this year, the New York City's Department of Buildings began auditing thousands of architectural plans for new and renovated office and residential buildings. The results have been staggering: nine of every 10 have failed to meet the energy code, a set of standards that have been on the books for more than 30 years but are only now being enforced in earnest.

SuperValu grocery chain reports June/July payment card data breach

By: Judy Greenwald

Published August 18, 2014 - 1:09pm CST

Supermarket wholesaler and retailer SuperValu Inc. has reported that credit card data may have been stolen from 180 of its stores over a more than three-week period beginning in June.

Community Health Systems says personal data stolen in cyber attack

Published August 18, 2014 - 11:00am CST

(Reuters) — U.S. hospital operator Community Health Systems Inc. said personal data, including patient names and addresses, of about 4.5 million people were stolen by hackers from its computer network.

Worst-ever Ebola outbreak disrupts global supply chains

By: Bill Kenealy and Rodd Zolkos

Published August 17, 2014 - 6:00am CST

Aside from the record death toll from the Ebola outbreak in Africa, businesses around the globe will be affected by the pandemic, with the mining, agricultural and energy sectors most at risk of having their businesses disrupted.

State judge rules Florida Workers' Compensation Act unconstitutional

By: Stephanie Goldberg

Published August 15, 2014 - 3:20pm CST

The Florida Workers' Compensation Act no longer provides adequate benefits to injured workers and is therefore unconstitutional, a Miami-Dade County, Florida, judge has ruled.

U.S. judge lets investors pursue SAC insider trading lawsuit

Published August 14, 2014 - 10:59am CST

(Reuters) — A federal judge narrowed but refused to dismiss lawsuits by former Elan Corp. and Wyeth shareholders seeking to recoup losses from billionaire investor Steven A. Cohen and his firm SAC Capital Advisors L.P. over insider trading in the drugmakers’ stocks.

Wellness programs have value beyond medical cost savings: DMEC speaker

By: Stephanie Goldberg

Published August 14, 2014 - 10:14am CST

LAS VEGAS — The business value of having a wellness program and a healthy workforce goes beyond the potential to reduce medical costs.

Vermont Captive Insurance Association presents 2014 awards

By: Rodd Zolkos

Published August 14, 2014 - 9:31am CST

BURLINGTON, Vt. — The Vermont Captive Insurance Association presented awards to several captive industry participants in recognition of their contributions to the industry at the opening of this year's VCIA conference.

Industry welcomes bills to clarify NRRA's application to captive insurers

By: Rodd Zolkos

Published August 13, 2014 - 11:20am CST

BURLINGTON, Vt. — The president of the Vermont Captive Insurance Association is “cautiously optimistic” about the chances for bills in Congress aimed at clarifying the federal Non-Admitted Reinsurance Reform Act as it relates to captive insurance.

Silicon Valley startup launches self-insurance option for smaller firms

Published August 12, 2014 - 3:18pm CST

(Reuters) — The founders of Collective Health, a Silicon Valley startup, say they can help employers save money by self-insuring rather than paying premiums to a health insurance company.

Alliant's ProQuest launches entertainment practice

By: Joanne Wojcik

Published August 12, 2014 - 3:08pm CST

Newport Beach, California-based Alliant Insurance Services Inc.’s ProQuest division has launched an entertainment practice to provide targeted insurance and risk management services to law firms in the entertainment field.

Lawyers pitch to lead GM ignition-switch cases

Published August 12, 2014 - 10:51am CST

(Reuters) — Lawyers from across the United States gathered in Manhattan Monday to jockey for leadership roles in litigation against General Motors over a faulty ignition switch that has prompted the recall of millions of vehicles.

Judge rejects Silicon Valley employee poaching lawsuit settlement agreement

By: Judy Greenwald

Published August 11, 2014 - 3:57pm CST

A federal judge has refused to approve a settlement agreement between plaintiffs and high-tech firms over the issue of an alleged nonpoaching agreement among the Silicon Valley companies, stating the amount offered the workers was inadequate.

Potato warehouse operators charged with sexual harassment, retaliation

By: Judy Greenwald

Published August 11, 2014 - 2:22pm CST

The U.S. Equal Employment Opportunity Commission is charging the operators of a Monte Vista, Colorado-based potato warehouse with sexual harassment and retaliation against its female employees.

Credit card council releases cyber risk mitigation guidance

By: Judy Greenwald

Published August 11, 2014 - 2:06pm CST

The payment card industry’s regulatory organization has issued guidance to help merchants and others reduce credit card security risks.

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