Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s top economic officials said the country could do without American farm and energy imports as they vowed to achieve a 5 per cent GDP growth target for the year despite the trade war with … Read more
State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the carrier reported paying out weeks earlier. “As of March 28, we’ve received more than 12,300 total claims related to the fires and have paid over $2.5 billion to our customers,” State Farm said in a … Read more
Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives and representatives of a consumer group pled their opposing cases in letters to Commissioner Ricardo Lara. News outlets in California reported earlier this week that Commissioner Lara is leaning toward a solution that would have … Read more
A 48-year-old woman from Arizona has pleaded guilty to charges related to a criminal scheme which saw North Korean IT workers employed remotely by hundreds of US companies. Christian Marie Chapman, of Litchfield Park, Arizona, is said to have helped generate over US $17 million for North Korea after over 300 US companies unwittingly hired … Read more
Police are trying to crack a whodunit over the heist of 100,000 eggs from the back of a trailer in Antrim Township, Pennsylvania. Regarding the theft that law enforcement officials say could be tied to the sky-high cost of eggs, no leads have yet come in, Trooper First Class Megan Frazer, a spokesperson for the … Read more