A novel Pennsylvania law requires corporations that do business in the state to consent to being sued there, even if the suits have nothing to do with the state.
Category: Railroads
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Supreme Court Debates Pennsylvania Law Opening Courts to Suits Against Companies
The New York Times – Business: -
Kenya Discloses Part of Secret Railway Contract With China
The New York Times – Business:The public disclosure of a 2014 loan agreement for a cross-country train fulfilled a campaign vow by President William Ruto and revealed China’s tough terms.
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Berkshire Hathaway Reports Third-Quarter Loss
The New York Times – Business:The company’s huge investment portfolio lost money, while its insurance arm felt the effects of Hurricane Ian and inflation-driven rises in property and damage claims.
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For Rail Workers, Anger Persists Over Sick Leave
The New York Times – Business:A tentative new contract brokered by the White House offered employees one day off, leaving some dissatisfied and raising the risk of another impasse.