Wildfires, severe convective storms and floods — also known as secondary perils — accounted for a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re Institute. Wildfires set a new loss …
Hyundai Motor said it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl was killed in …
Toyota Motor Corp. outlined plans to invest $1 billion to increase vehicle output at its plants in two states, the latest tranche of a broader spending commitment of as much as $10 billion in the U.S. over the next five …
Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the U.S. conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.49% strategic investment in …
South Korea’s transport ministry announced on Tuesday the recall of 58,000 Hyundai Motor Palisade hybrid sport utility vehicles nationwide over safety concerns, following a fatal accident in the United States earlier this month. Hyundai stopped sales of some high-end versions …
The U.S. auto safety regulator on Friday rejected a petition seeking a sweeping recall of about 2.26 million Tesla vehicles, saying it had found no evidence of a safety-related defect. The decision removes the immediate risk of a large-scale recall …
DoorDash Inc. is paying delivery couriers in some markets to submit video clips and complete other digital tasks to help improve artificial intelligence and robotics models, following competitors that have found creative new uses for gig workers in the AI …
Nearly 9.5 million people across the U.S. Southwest face extreme high temperatures, as an ongoing heat wave continues to topple records and raise the risk of wildfires as far away as the Great Plains. Las Vegas reached 96F (36C) Saturday, …
The U.S. Supreme Court cleared the way for a multibillion-dollar racketeering lawsuit that accuses Takeda Pharmaceutical Co. and Eli Lilly & Co. of marketing the Actos diabetes drug without disclosing its link to bladder cancer. In a one-line order Monday, …
A Philadelphia man has been charged for his alleged role in a vehicle title-washing scheme involving dozens of stolen luxury vehicles valued at nearly $4 million, according to state police and prosecutors. Pennsylvania Attorney General Dave Sunday said an investigation …