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Catastrophe

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  • Boeing focuses on last point of contact     Thursday, 17 Jul 2014 | 12:27 PM ET

    CNBC's Phil LeBeau reports there is no indication right now what might have happened to cause the crash of Malaysia Airline MH17.

  • Malaysia Airline confirms lost contact of MH17     Thursday, 17 Jul 2014 | 12:27 PM ET

    CNBC's Michelle Caruso-Cabrera reports there is official confirmation from Malaysia Airlines.

  • Last known MH17 contact was 33,000 feet     Thursday, 17 Jul 2014 | 12:14 PM ET

    At that altitude the airlines clearly thought they were free of danger, reports CNBC's Phil LeBeau.

  • Pres. Obama told of Malaysian crash     Thursday, 17 Jul 2014 | 12:04 PM ET

    The president is aware of news that a Malaysian jet has crashed in Eastern Ukraine, reports CNBC's Eamon Javers.

  • TOKYO, July 16- A nuclear plant in southern Japan cleared an initial safety hurdle on Wednesday which could make it the first nuclear facility to restart under tough new safety regulations after the industry was idled by the 2011 Fukushima disaster.

  • Japanese nuclear plant deemed safe, nears restart Wednesday, 16 Jul 2014 | 1:16 AM ET

    TOKYO— A Japanese nuclear plant won preliminary approval for meeting stringent post-Fukushima safety regulations Wednesday, an important step toward restarting the country's first reactors under the tighter rules applied after the 2011 disaster.

  • TOKYO, July 16- A nuclear plant in southern Japan cleared an initial safety hurdle on Wednesday which could see it become the first nuclear facility to restart after the industry was idled by the 2011 Fukushima disaster.

  • July 15- A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster.

  • NEW YORK, July 10- A federal appeals court in New York has revived claims by 211 cleanup workers who sought compensation for their alleged exposure to toxic contaminants in buildings near the World Trade Center site after the Sept. 11, 2001, attacks.

  • YAMAKIYA, Japan, July 10- A Japanese court is due to rule next month on a claim that Tokyo Electric Power is responsible for a woman's suicide, in a landmark case that could force the utility to publicly admit culpability for deaths related to the Fukushima nuclear disaster.

  • Reinsurance prices under pressure mid-year -brokers Tuesday, 1 Jul 2014 | 11:51 AM ET

    Reinsurers have been negotiating with insurance company clients in the United States, Australia and Latin America to set the terms and prices for shouldering big risks like hurricane and earthquake damage in contracts that take effect from July 1.

  • TOKYO, June 30- Only a "natural disaster" could keep Sony Corp's TV division from returning to profit this year, the head of the newly independent business said on Monday, after a decade in the red and repeated missed promises of a turnaround.

  • June 24- Disposal of wastewater from oil and gas drilling into a Colorado well was ordered halted this week after seismic activity was detected in the area, state regulators said on Tuesday.

  • June 13- A U.S. judge set a May 2015 trial date on Friday for BP Plc to face claims in a lawsuit accusing the company of misleading investors about the severity of the 2010 Gulf of Mexico oil spill.

  • WASHINGTON, June 9- The U.S. Supreme Court on Monday declined to block payments BP PLC is required to pay to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while the company appeals a lower court ruling. There was no immediate comment from BP on Monday's decision.

  • HOUSTON, June 5- A faulty blowout preventer and weaknesses in how companies analyze potential hazards in offshore oil and gas operations contributed to BP Plc's deadly Gulf of Mexico oil spill more than four years ago, the U.S. Chemical Safety Board said on Thursday. The BP investigation was its first involving an offshore accident.

  • HOUSTON, June 5- A faulty blowout preventer and weaknesses in how companies analyze potential hazards in offshore oil and gas operations contributed to BP Plc's deadly Gulf of Mexico oil spill more than four years ago, the U.S. Chemical Safety Board said on Thursday. The BP investigation was its first involving an offshore accident.

  • *Japan home to 110 active volcanoes. TOKYO, June 4- In the three years since the Fukushima disaster, Japan's utilities have pledged $15 billion to harden their nuclear plants against earthquakes, tsunamis, tornadoes and terrorist attacks.

  • ORLANDO, Fla., June 1- Eight hurricane-free years in Florida and a seller's market in catastrophe bonds have fortified the state against the cost of major storm damage as the 2014 Atlantic hurricane season starts June 1. "Florida is in its best position in a decade," said Robert Hartwig, president of the Insurance Information Institute.

  • WASHINGTON, May 28- BP Plc on Wednesday asked U.S. Supreme Court Justice Antonin Scalia to allow the company to avoid making payments to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while litigation continues.