1. COSTA CONCORDIA

    Survivors Sue Carnival Cruises

    Tullio M. Puglia / Getty Images

    Six passengers on the wrecked Costa Concordia have filed a lawsuit in Miami against the ship’s owner, Carnival Corp. The plaintiffs, four Americans and two Italians, said in the complaint they were “in terror of catastrophic injury, death, drowning, having been placed in a situation where common sense said the vessel was sinking but the orders from the crew were to return to their cabins.” A crew member of the ship also filed complaint on Jan. 26 in federal court in Chicago, seeking at least $100 million in damages as a class-action plaintiff—meaning he would represent all the victims of the deadly shipwreck. The cruise line has offered the survivors of the wreck $14,000 each in damages. Rescuers found a 17th body aboard the sunken vessel early Saturday; at least 15 people are still missing.

    Read it at Bloomberg BusinessWeek