AIG’s Lavastone in Dispute with Life Settlements Firm Coventry

An American International Group Inc. unit and Coventry First LLC began a trial in a dispute over bets in the insurance market on when people would die. Lavastone Capital LLC, the AIG subsidiary, claims Coventry ripped it off by more … Continue reading


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How Genome Sequencing Is Transforming Food Safety

Investigations into foodborne illness are being radically transformed by whole genome sequencing, which federal officials say is enabling them to identify the source of an outbreak far more quickly and prevent additional cases. Previously, samples from sick patients were sent … Continue reading


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Confessions of an Underage, Unlicensed Truck Driver

American Trucking Associations executive Howard Abramson recently made a case in the New York Times for higher safety standards for trucks. It’s not hard to understand why: Large trucks were involved in at least 327,000 traffic accidents in 2013, killing almost 4,000 … Continue reading


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Franchises, Staffing Firms Ruled Joint Employers Under Labor Law

More companies may be held responsible for labor-law violations committed by contractors and forced to negotiate wages and benefits with their workers under a decision by a politically split U.S. labor board. The National Labor Relations Board, in a closely … Continue reading


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Fee Tracker: Summer Fun for LSAC, I-Bank IPOs and Monsanto

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Deal Watch: Am Law Trio Fuels Up on $14.8B Oil Services Buy

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Property sales ‘down 15%’ but prices up

The number of homes being sold in England and Wales has fallen significantly, according to figures from the Land Registry. In May this year, there were 65,619 transactions in total, a 15% fall on the same month in 2014. However, … Continue reading


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Bin lorry driver ‘not selfish coward’

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HSBC customers not paid after IT glitch

HSBC has said that approximately 275,000 payments have been affected by an IT glitch. It has led to many people not being paid ahead of this weekend’s bank holiday. The bank said it was working with other banks to ensure … Continue reading


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Badger cull extended into Dorset

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How the government is rolling over for big banks again

Last week I wrote about the dangers of vacant seats at the financial regulatory agencies. But sometimes there’s just as much danger from the seats that happen to be occupied.  Bloomberg reported this week that regulators are privately discussing giving … Continue reading


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Wall Street set for lower open; Dow futures down 135

U.S. stock index futures fell early on Friday, as the rocky ride in global markets continued. Dow Jones industrial average futures (Chicago Board of Trade: @DJ.1) down more than 100 points, after the major averages closed Thursday more than 2 … Continue reading


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