March 18 at 6:26 a.m.
Filed under:
Pharmaceuticals
By Associated Press
In the wake of the crisis in Japan, the U.S. Food and Drug Administration is advising consumers to beware of inadvertently buying fake iodide products that are supposed to help protect against radiation.
Products to watch out for include fake tablets and liquids purporting to be iodide, as well as dietary supplements and other products that say they protect against radiation, said the spokesperson adding there are only three FDA-approved potassium iodide products that protect against radiation. Get the full story »
March 17 at 3:53 p.m.
Filed under:
Airlines,
Airports,
Updated
By Julie Johnsson
Federal officials found traces of radiation on United and American airlines jets that arrived at Chicago’s O’Hare International Airport from Tokyo Wednesday, but later determined that the planes’ cargo and passengers were not at risk.
As concerns mount about the radiation spewing into the atmosphere from Japan’s crippled nuclear reactors, U.S. Customs and Border Protection said it had begun monitoring airline and maritime traffic for radiation contamination “out of an abundance of caution.” Get the full story »
March 17 at 6:33 a.m.
Filed under:
Airplanes
By Dow Jones Newswires
Boeing Co. says its suppliers in Japan are still shipping some airplane parts to the Chicago-based manufacturer, the Associated Press reported Wednesday, citing company spokesman Thomas Brabant. Get the full story »
By Julie Johnsson
Rising radiation levels and continual aftershocks rumbling through Tokyo are raising tensions between pilots and managers at U.S. carriers flying to central Japan.
Union leaders at United and Continental Airlines say flight crews are anxious about deteriorating conditions in Tokyo, where the carriers’ pilots and flight attendants recuperate from long trans-Pacific flights. Get the full story »
March 16 at 11:32 a.m.
Filed under:
Insurance,
International
By Reuters
Friday’s earthquake in Japan caused insured losses of between $12 billion and $25 billion, making it one of the costliest natural disasters in history for global insurers, catastrophe risk modeling firm Eqecat said. Get the full story »
March 16 at 10:51 a.m.
Filed under:
Energy,
Stock activity
By Dow Jones Newswires
U.S. stocks sank deeper into the red on Wednesday after the European Union’s energy chief warned of “possible catastrophic events” at Japan’s nuclear plants.
Swinging in choppy trading, the Dow Jones Industrial Average tumbled 99 points, or 0.8 percent, to 11756, with all but two of its 30 components in the red. Get the full story »
March 16 at 6:24 a.m.
Filed under:
Airplanes,
International
By Associated Press
Chicago-based Boeing Co. says the company will make a $2 million contribution to aid those affected by the earthquake and tsunami in Japan. Get the full story »
March 15 at 6:22 a.m.
Filed under:
Exchanges,
International
By Reuters
Japan’s Nikkei share average plunged 10.6 percent on Tuesday, posting the worst two-day rout since 1987, as hedge funds bailed out after reports of rising radiation near Tokyo. Many mutual funds were left on the sidelines, leaving them poised to dump shares into any rebound. Get the full story »
March 14 at 6:03 a.m.
Filed under:
Exchanges,
International
By Reuters
Japanese stocks suffered their biggest slide since the 2008 financial crisis Monday, with investors eyeing a further drop as the uncertainty over the country’s nuclear crisis compounds worries that the quake and tsunami will cause deeper economic pain than initially thought.
The TOPIX tumbled 7.5 percent on record trading volume. With Monday’s selloff, the market capitalization of shares on the Tokyo stock exchange’s first section fell by roughly $286 billion — greater than the size of Finland’s economy. Get the full story »
By Julie Johnsson
The three largest U.S. carriers scrambled Friday to ensure that employees in Japan were safe as they re-routed passengers and aircraft bound for the earthquake-stricken country.
United, Delta and American airlines canceled many, but not all, flights to Japan Friday and offered to waive booking fees for those who opted to cancel or reschedule travel there as the country recovers from one of the largest earthquakes on record. Get the full story »
