coronavirus pandemic News

Buttigieg Sends $5B to Cities for Safety as Road Deaths Soar

WASHINGTON (AP) — With upcoming data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving out bike paths and wider sidewalks …

Alabama Utilities Blame ‘Flushable Wipes’ for Clogged Pipes

MOBILE, Ala. (AP) — Alabama utility operators are trying to discourage the state’s residents from believing the claims of “flushable wipes,” asking people not to throw them away in the toilet. The utilities are blaming the wipes for clogging pipes …

Under Biden Order, Workers Refusing Unsafe Work Could Stay on Unemployment Aid

Many workers called back by employers resuming or expanding operations despite the ongoing coronavirus pandemic face a dilemma: return to jobs that put them at high risk of the virus, or say no, and risk going without pay or unemployment …

California Beset With Fires and Virus Sells $2.4 Billion in Debt

Last September, California entered its bi-annual bond sale flush with a ratings upgrade from Fitch Ratings and a $21 billion budget surplus. A year later, California kicks off its fall debt sales under dramatically different circumstances. Wildfires scorching thousands of …

Directors’ Liability Insurance Rates Surge on Virus Litigation Fears

LONDON — Premiums for directors’ and officers’ liability insurance surged in the second quarter, broker Marsh said on Monday, as insurance underwriters fear the coronavirus pandemic will lead to hefty litigation claims. Premiums for directors’ liability insurance, known as D&O, …

Fashion Company Sues to Close Fifth Avenue Boutique, Blames Pandemic

NEW YORK — Italian fashion company Valentino SpA has sued the landlord of its American flagship store on Manhattan’s Fifth Avenue, seeking to void its lease because the coronavirus pandemic has made keeping the store open impossible. In a complaint …

As S.C. Hospitality Industry Grows, So Do New Coronavirus Numbers

COLUMBIA, S.C. — South Carolina’s hard-hit hospitality industry in May clawed back some of the jobs lost amid the ongoing coronavirus pandemic as businesses across the state continue to reopen — and new COVID-19 case numbers continue to soar. On …

Texas Officials Prepare for Hurricane Season as Pandemic Threat Continues

More hurricanes and tropical storms than usual could make landfall in the United States this summer, forecasters predict. That is sending Texans and officials who are increasingly facing severe weather events scrambling to prepare for another natural disaster while they …

Driving Hasn’t Found Its New Normal Yet

Memorial Day weekend, the typical start of the U.S. summer driving season, has come and gone. Data on just how much driving Americans did is trickling in, and it’s a bit noisy. Apple mobility trends show searches for directions down …

Coronavirus to Spur Largest Single Loss in Insurance History – Chubb CEO

The, will likely spur the largest single loss in insurance industry history, said Evan Greenberg, chief executive officer of Chubb Ltd, during a call with analysts on Wednesday. Chubb, one of the world’s largest insurers, reported its first-quarter financial results …