Phyllis Borzi spent decades helping invent ways to protect people from unpleasant surprises in their health and retirement plans. Never did she run into the kind of resistance finance firms have mustered against her latest idea.
Japan will introduce legislation this year to ratify a controversial treaty backed by General Electric Co. and other atomic-plant manufacturers seeking protection from damage claims caused by nuclear accidents.
A Hungarian court cleared Mol Nyrt. Chairman Zsolt Hernadi of bribery charges in the acquisition of Zagreb-based refiner INA Industrija Nafte d.d., as Croatian authorities pursue the company’s chief in a parallel case.
The U.S. Supreme Court declined to expand its review of President Barack Obama’s push to guarantee insurance coverage for contraceptives, rejecting appeals from Catholic groups, including the archdiocese of Washington.