A federal judge dismissed a lawsuit accusing Starbucks of defrauding shareholders by intentionally concealing declining sales in the United States and China, its largest markets. U.S. District Judge John Chun in Seattle said Starbucks’ “innocent explanation” that former Chief Executive …
The Trump administration is working to develop new safety requirements governing how autonomous vehicles behave on the road in a bid to address mishaps that have marred the early track record of self-driving cars. Officials aim to finalize the new …
Canopius Group named Melanie M. Brown head of U.S. Claims. Brown will be joining August 3, and she will report to incoming Canopius Group Chief Claims Officer Steve Parry. She most recently served as head of complex and specialty claims …
Human-induced changes to the global climate have “a direct and well-understood impact” on extreme heat and rainfall, according to a landmark new U.S. National Academies report. The assessment comes as weather disasters dominate the headlines and as the public and …
After 20 years in homeowner claims, I’ve heard the same assumption so many times it’s practically folklore: older homes cost more to insure because repairs cost more. That’s not entirely wrong, but the real story is more specific — and …
More than 75 people have been rescued in Texas as floodwaters rise, while Canadian wildfire smoke is choking skies across the Midwest and Northeast, including New York, and heat continues to fuel wildfire risk in California. Torrential rain has flooded …
The United States’ auto safety regulator said on Tuesday it received a request to open a probe into 806,963 Honda minivans over concerns related to their air bags. The National Highway Traffic Safety Administration said the petition was related to …
The reeling market for electric vehicles in the U.S. recently got a boost from a crop of new models, highlighting how some automakers have not yet given up on battery-powered cars. Toyota Motor Corp. tripled its EV business in the …
India’s aircraft accident investigating body has prepared a cockpit voice recorder transcript, conducted a psychological autopsy and moved into the final stages of its probe into last year’s deadly Air India crash, a court filing showed. The filing did not …
Motorists’ misuse of driver-assistance technology and drivers being distracted by in-vehicle features, rather than mechanical problems, are the biggest risks for road safety, according to a survey of transport specialists. The survey, published on Wednesday, reflects industry concerns about human …