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...They previously had unlimited liability for risks, which led to huge financial losses after a surge of asbestos claims in the 1990s....
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...This state-by-state strategy had previously been attempted by tobacco and asbestos companies when facing a wave of lawsuits, said Daniel Hinkle, senior state affairs counsel for the American Association...
...Since most large American entities touch the Golden State, this will suck 8,000 companies into the net, according to Crunchbase estimates....
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...The lawsuits have drawn comparisons with past “toxic torts” regarding substances such as asbestos and tobacco, rattling investors and insurers....
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Japanese company targets American market with its biggest-ever acquisition
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...Instead, an underrated factor seems to be not American cars but American drivers....
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...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...Sometimes the culprit is a worksite occupier rather than an employer but, typically, a case for an asbestos illness is handled by an insurance company....
...“Manufacturers and users of PFAS chemicals are exposed to deep liability and insurance risks, reminiscent of those historically linked to asbestos,” the letter states....
...It’s more likely 97 per cent of the American public agrees that Basel III Endgame is a superhero film....
...The American modern-dance choreographer Paul Taylor died five years ago at the age of 85. His dance company survives him....
...American Airlines ordered another 85 A321 neos from Boeing’s rival Airbus, and 90 E175 aircraft from Brazilian aerospace company Embraer....
...As prices fall, the companies can only awkwardly point out that these metals now matter less and less to the group’s profits....
...There are now American subsidies for EVs, but they don’t address broader supply chain chokepoints (like access to critical minerals needed for green batteries)....
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...The case of Boeing, one of the most storied champions of American industrial policy, illustrates the uncompetitive and dangerous outcomes of the state-business relationship....
...Most recently, the ban on politicians holding positions on government-controlled company boards in Brazil, which was instituted after the Lava Jato or “Car Wash” corruption scandal, has been reversed by...
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