Category Business

US maritime liability rules changed after 2019 boat fire

LOS ANGELES — Federal lawmakers have changed 19th-century maritime liability rules for accident victims and their families in response to the 2019 boat fire off the coast of Southern California that killed 34 people. The Small Passenger Vessel Liability Fairness…

US company gets $120 million boost to make ‘green steel’

The manufacture of “green steel” moved one step closer to reality Friday as Massachusetts-based Boston Metal announced a $120 million investment from the world’s second-largest steelmaker, ArcelorMittal. Boston Metal will use the injection of funds to expand production at a…