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☆ 2 sisters sued their insurer after it offered $5,000 to fix their wrecked home after a storm. They won $18 million.
▼ + stars: | 2024-05-13 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

A jury awarded sisters $18 million in damages from an insurance company after their home was flooded. The sisters sued American Reliable after being offered just $5,000 for repairs. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Last month, a jury awarded the pair $18 million, after they took the company to court.

Persons: —, San, Jennifer Garnier, Angela Toft Organizations: Service, The Sun, San, Business Locations: American, California, San Bernardino County

☆ How Far Would You Go for Midcentury Furniture?
▼ + stars: | 2023-06-25 | by ( Chantel Tattoli | ) www.nytimes.com time to read: 1 min

The credenza in the back of the Mercedes-Benz Sprinter van groaned as Lars Balderskilde drove through the woodlands near Vejle, a city on a fjord about two and a half hours from Copenhagen. It was late January, and after passing a lake filled with swans, Mr. Balderskilde stopped at a house where he picked up an old bar cabinet that he paid for in cash. Then came stops at other homes to collect nesting tables and a mirror. “It’s always emotional, but you have to let go,” Ms. Toft said to Mr. Balderskilde, who had come to look at various pieces in the house. Ms. Kock showed him a tiny clay bird that she had made as a girl.

Persons: van groaned, Lars Balderskilde, Balderskilde, Nina Toft, Grethe Kock, “ It’s, ” Ms, Toft, Kock, “, ” Organizations: Mercedes, Benz, van Locations: Vejle, Copenhagen

☆ MSC, world's biggest shipping company and U.S.-China trade bellwether, isn't talking like a recession is coming for economy
▼ + stars: | 2023-03-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

"The return post-Chinese New Year has been positive," Toft said. SONAR FreightWaves data shows the slow pick up in global freight orders post-Chinese New Year. Ocean freight rates, which were the largest inflationary pressure on products, have dropped sharply back to pre-pandemic levels. Rejections for ocean freight have increased, which means containers filled with product for the current or upcoming season are delayed. At a time when ocean carriers are increasingly canceling sailings because of the decrease in ocean freight orders, MSC has responded by increasing the size of its fleet.

☆ Shipper MSC, barometer of global trade, is predicting a rebound
▼ + stars: | 2023-03-01 | by ( Lori Ann Larocco | Sara Lindsay | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShipper MSC, barometer of global trade, is predicting a reboundDespite the recent drop in global trade demand and inventory gluts in the U.S. and Europe, Mediterranean Shipping Company CEO Soren Toft tells CNBC he is optimistic about the future of freight and the U.S. economy. Toft joined CNBC's Lori Ann LaRocco to discuss the Switzerland-based company's growth plans.

Moeller-Maersk and Mediterranean Shipping Co. created the so-called 2M alliance in 2015 to help them reduce costs by sharing cargo on major ocean routes. Rivals formed similar partnerships, creating the Ocean Alliance and THE Alliance. Global trade volumes fell 9.5% year over year in November 2022, according to London-based Container Trade Statistics, and global shipping rates have been sliding at a steep pace since early last year. He said the winding down of 2M raised questions over the future of the other two alliances, Ocean Alliance and THE Alliance. So the in-transit issues and all the penalties have pretty much faded away.”Target said in an email that it renegotiates its shipping rates regularly.

Doctors are calling on the public to familiarize themselves with lifesaving CPR techniques after Buffalo Bills safety Damar Hamlin suffered cardiac arrest during a football game Monday night in Cincinnati. Hamlin received CPR, which stands for cardiopulmonary resuscitation, to restore his heartbeat on the field, the Bills said in a statement. The American Heart Association said it saw a 200% increase in web traffic to its CPR site after news of Hamlin’s cardiac arrest emerged. More than 30 states require public school students to learn CPR before high school graduation. Another possible solution, Toft said, is for the U.S. to require CPR training to obtain driver’s licenses — a strategy deployed in some Scandinavian countries.

☆ A food fight is raging over what we can and can't call 'meat'
▼ + stars: | 2022-12-17 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +13 min

Morten Toft Bech, the founder of a startup that makes plant-based meat alternatives, brought the animals in protest. Meat lobbies argue that plant-based products have stolen the concept of meat without matching its taste and nutrition standards, tarnishing the integrity and cultural importance of meat. It tends to argue that plant-based meat alternatives shouldn't be allowed to use meaty terms at all because, put simply, they aren't meat. Meat bodies want startups to come up with new terms for plant-based food that imitates meat. Both meat organizations and plant-based companies told Insider they encouraged a healthy, balanced diet.

☆ Barcelona şi THW Kiel se vor confrunta în finala Ligii Campionilor la handbal masculin
▼ + stars: | 2020-12-29 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Barcelona şi THW Kiel se vor confrunta în finala Ligii Campionilor la handbal masculin. Astfel, gruparea blaugrana va juca prima finală după o pazuă de cinci ani. Atunci au și câștigat ultima dată trofeul.Adversara spaniolilor din ultimul act s-a decis în prelungiri. Kiel şi Veszprem au pus în scenă un spectacol desăvârşit cu numeroase răsturnări de scor. Nemţii au dominat prima repriză și conduceau la o diferență de 7 goluri.Maghiarii au revenit însă incredibil în partea a doua şi au trecut ei în avantaj.

Persons: Nikola Karabatic, Luc Steins, Henrik Toft Hansen Organizations: Ligii Campionilor Locations: Barcelona, Kiel, Paris Saint - Germain, Koln

☆ Dezastru pentru naționala României la Campionatul European de handbal feminin. "Tricolorele" au pierdut meciul cu Olanda
▼ + stars: | 2020-12-16 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Româncele au încheiat competiția pe ultimul loc în grupă, iar în total, la turneul din Danemarca, a obținut doar o singură victorie, în meciul cu Polonia.Reprezentativa României a înregistrat astfel cea mai slabă prestație din cele 13 participări la Campionatul European.După aceste partide s-au stabilit toate semifinalistele competiției continentale. Danemarca a fost ultima echipă calificată în careul de ași. Gazda turneului final a învins Rusia cu 30-23. Sandra Toft, portarul echipei daneze, a fost jucătoarea meciului, cu 14 parade reușite.Danemarca va juca în semifinale cu Norvegia, iar Franța cu naționala Croației. Marea finală se va juca duminică, 20 decembrie.

Persons: Sandra Toft Locations: Danemarca, Rusia, Norvegia, Franța, Croației

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