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Blast at BP Refinery in Indiana Sparks Fire, Shakes Homes

An explosion at a BP oil refinery in Indiana rattled nearby homes and sparked a fire that was later extinguished, but it didn’t cause any major injuries or halt production at the facility, a company official said. The explosion at … Continue reading

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UPDATE: Iceland Lowers Volcano Alert; Small Eruption No Threat to Aviation

Iceland reduced its aviation warning level to orange on Friday after concluding that a small eruption in the Bardarbunga volcano system that triggered a hours-long red alert actually posed no threat to aircraft. No sign of ash like that from … Continue reading

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Crop Insurance Options Extended in North Dakota

U.S. Agriculture Department has announced new supplemental coverage for North Dakota crops through the federal crop insurance program. U.S. Sen. John Hoeven said the department’s Supplemental Coverage Option will include corn and barley for all North Dakota counties in the … Continue reading

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Aon Benfield Secures Reinsurance Capacity for AEGIS Cyber Offering

Aon Benfield announced that it has secured “the reinsurance capacity for a unique cyber product developed by the Lloyd’s syndicate of mutual energy insurer AEGIS London. “The product offers a comprehensive cyber risk management service, and allows AEGIS’ policyholders to … Continue reading

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How a 15-Year-Old Investor Beat the Market

When Alice Finn, a veteran wealth manager, set up small investment accounts to help teach her two children basic investing principles, she never expected that she’d end up picking up some new ideas herself. When her 15-year-old son Michael Finn-Henry … Continue reading

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Hershey takes wraps off new corporate logo

HERSHEY, Pa. (AP) — The Hershey Company is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products. The candy maker on Friday announced the new design, which adds a … Continue reading

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Oracle loses bid to restore $1.3 bln SAP verdict, could get new trial

By Jonathan Stempel and Dan Levine (Reuters) – Oracle Corp failed to revive a $1.3 billion jury verdict in its long-running copyright dispute with German software company SAP SE as a U.S. appeals court said Oracle must choose to accept … Continue reading

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Searching for the next Apple? Citi says look East

Investors who missed out on Apple’ (AAPL)s turnaround should check out Japan and Korea’s low-valued, “cash-hoarding” companies, according to analysts at Citi. Apple’s market capitalization broke back above $600 billion in the past month, regaining it the title of the … Continue reading

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Climate Change to Affect Hawaii’s Tourism Industry, Says Study

A University of Hawaii report is warning the state’s tourism industry to start preparing now for the effects of climate change. The study says Hawaii will likely see more competition for visitors as warmer climate zones expand and new, easier-to-reach … Continue reading

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Louisiana’s Homeowners Market Stronger 9 Years after Katrina

Louisiana’s property insurance market is vastly improved nine years after Hurricane Katrina devastated the state on Aug. 29, 2005, largely due to the implementation of statewide building codes and strategies that have helped create a more competitive marketplace, according to … Continue reading

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