Lockheed Martin has agreed to pay nearly $30 million to settle claims by President Donald Trump’s administration that the defense contractor discriminated against white workers through its workplace diversity, equity and inclusion (DEI) policies, according to two federal agencies. The …
Even as the number of reported cargo thefts fell 25%, the average value of stolen commodities rose 72% through the first nine months of 2026, as thefts of high-value goods pushed up severity, a new report shows. Verisk CargoNet reported …
In 2025, corporations paid more than $70 billion to settle class actions — the highest figure in American history — while federal courts processed over 13,000 new filings, averaging 36 every single day. For claims managers, these numbers underscore an …
Vanguard Claims Administration acquired the business of Gibson & Associates Professional Claims Management. Gibson & Associates is a Springfield, Missouri-based third-party administrator with a 25-year history in the Lloyd’s and domestic markets. Its claims work includes general liability, professional liability, …
Crédit Mutuel Arkéa said hackers stole money from it after gaining access to its computer systems, underscoring the growing cybersecurity risks for the banking sector. The French lender “was the victim of a cyberattack that enabled fraudulent transactions to be …
The El Niño weather pattern that could cause a record rise in ocean temperatures in coming months poses a “meaningful risk” of higher U.S. inflation in 2027 even as it also will likely add to employment, according to research published …
When OpenAI disclosed in October that it found a recording device planted in an executive conference room, a number of former employees had the same reaction — they were not surprised. Even before OpenAI launched ChatGPT in late 2022, some …
3M Co. is committing $7.35 billion over nine years to settle litigation related to its use of chemicals known as PFAS. The company said the commitment would address almost all of the 115,000 to 120,000 personal injury claims that are …
German drugs and agrochemicals group Bayer is expecting a $7.25 billion settlement on its Roundup weedkiller to come before Christmas, CEO Bill Anderson said on Tuesday. Related: Bayer Wins Roundup Trial as Settlement Decision Looms The company is seeking to …
Tesla has misled tens of thousands of South Korean customers by marketing driver-assistance software that the company knows cannot be legally used in most of its vehicles in the country, according to a complaint an advocacy group plans to file …