Iran said it had forced a U.S. warship to turn back from entering the Strait of Hormuz on Monday, but a U.S. official denied a report that it had been struck by Iranian missiles, according to an Axios journalist. Iran’s …
An attorney representing the Trump administration informed a U.S. District Court Friday evening that the Federal Emergency Management Agency has begun offering new appointments to disaster workers whose contracts the agency did not renew in January, reversing a controversial decision …
Fermat Capital Management has invested in the Asian Development Bank’s first-ever catastrophe bonds, designed to shield Kyrgyzstan and Tajikistan against specific types of natural disasters. The two sovereign bonds — each $80 million in size and with a three-year tenor …
A United Airlines aircraft on Sunday struck a light pole and a trailer during its final approach to Newark Liberty International Airport, the New Jersey State Police said. The underside and tire of United Airlines Flight 169 struck a light …
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
Global management consulting firm Oliver Wyman has agreed to acquire CR3 Partners, a consulting firm specializing in restructuring, management consulting, and bankruptcy advisory services. The terms of the transaction, which is expected to close later this quarter, were not disclosed. …
A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to …
Samsung Electronics must pay a $392 million lump sum for a license to use ZTE’s patents for mobile phones, London’s High Court ruled on Friday in the English leg of the companies’ global licensing dispute. ZTE has brought parallel lawsuits …
The California Department of Insurance is taking action against State Farm over an investigation that reportedly shows the carrier has been mishandling insurance claims from the January 2025 Los Angeles wildfires. A CDI filing alleges violations of the Unfair Insurance …
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …