California officials are meeting Detroit automakers this week to discuss the next phase of greenhouse gas regulations for cars and trucks, the state’s top air regulator said. California is fighting in the courts and in the U.S. Congress against President …
The National Highway Traffic Safety Administration said on Monday it had expanded a safety-related investigation into 1.27 million Ford F-150 pickup trucks following reports of unexpected downshifts with rear-wheel lockup. The investigation covers vehicles from the 2015–2017 model years, NHTSA …
More than $3 trillion. That’s the staggering price tag to build the data centers needed to prepare for the artificial intelligence boom. Not even the world’s biggest technology companies—not Amazon.com, not Microsoft or Meta Platforms—are prepared to foot the bill …
Almost three years ago, in May of 2023, a circuit court judge in Lee County, Florida, sharply criticized a restoration contractor, accusing him of concealing the true cost of condominium roof work in an assignment-of-benefits claim with Tower Hill insurance. …
The U.S. Coast Guard on Saturday suspended the search for seven people who were aboard a commercial fishing vessel that sank off the coast of Massachusetts in rough, frigid waters. The Coast Guard launched a search and rescue mission early …
A bill to initiate reforms to the California FAIR Plan that include changes to customer service and claims, and added transparency was introduced on Monday. Assembly Bill 1680, the Make It FAIR Act, authored by Assemblymember Lisa Calderon and sponsored …
Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd’s market initiative which will be focused on offering parametrically triggered catastrophic communicable disease insurance. The consortium will offer a proactive emerging risk transfer solution …
Alphabet unit Waymo said it had raised $16 billion in its latest fundraising round that valued the self-driving car startup at $126 billion, nearly tripling its valuation in less than two years. As one of the most sought-after applications of …
Trafigura won its London lawsuit against Indian businessman Prateek Gupta over fake nickel cargoes on Friday, with London’s High Court ruling in favor of the commodities trader. Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in …
China banned concealed door handles on electric vehicles, the first country in the world to outlaw a design popularized by Tesla Inc. that is now facing global regulatory scrutiny due to a spate of deadly incidents. Cars sold in China …