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27 05, 2025

More Tornadoes, Fewer Meteorologists Make for a Dangerous Mix

By | May 27th, 2025|Uncategorized|Comments Off on More Tornadoes, Fewer Meteorologists Make for a Dangerous Mix

As nasty tornadoes popped up from Kansas to Kentucky, a depleted National Weather Service was in scramble mode. The agency’s office in Jackson, Kentucky, had begun closing nightly as deep cuts by Elon Musk’s Department of Government Efficiency began hitting. …

27 05, 2025

Southern California Edison Paying $82.5M to Settle Claims Over 2020 Bobcat Fire Damages

By | May 27th, 2025|Uncategorized|Comments Off on Southern California Edison Paying $82.5M to Settle Claims Over 2020 Bobcat Fire Damages

Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed …

29 05, 2025

Ex-Analyst Sues Freepoint Commodities, Alleges Insider Trading Pressure

By | May 29th, 2025|Uncategorized|Comments Off on Ex-Analyst Sues Freepoint Commodities, Alleges Insider Trading Pressure

A former senior analyst at U.S. trading company Freepoint Commodities has sued the company, alleging that top executives pressured employees to facilitate insider trading and retaliated against employees that objected. The lawsuit, filed in a New York federal court on …

29 05, 2025

Hiscox Appoints Clarke as Chair Designate

By | May 29th, 2025|Uncategorized|Comments Off on Hiscox Appoints Clarke as Chair Designate

Hiscox Ltd., the Bermuda-based specialist insurer, announces the appointment of Peter Clarke as chair designate, subject to regulatory approval. Clarke will join the board as chair designate on June 1, 2025 and will succeed Colin Keogh as chair with effect …

29 05, 2025

California Joint Law Enforcement Efforts Lead to 4,800 Stolen Vehicles Recovered

By | May 29th, 2025|Uncategorized|Comments Off on California Joint Law Enforcement Efforts Lead to 4,800 Stolen Vehicles Recovered

Joint law enforcement operations in Bakersfield, Oakland, and San Bernardino have made 6,727 arrests, recovered 4,842 stolen vehicles and confiscated 313 dangerous firearms, according to an announcement from Gov. Gavin Newsom’s office. The ongoing joint law enforcement operations took place …

27 05, 2025

Underwriting Concerns About Solar? Insurer Certifies Panels for Hail, Fire Resistance

By | May 27th, 2025|Uncategorized|Comments Off on Underwriting Concerns About Solar? Insurer Certifies Panels for Hail, Fire Resistance

While some insurance companies in Florida and beyond have balked at writing properties with rooftop solar panels, FM Global says it has pioneered an idea that may help – a testing system that certifies panels for fire and hail resistance. …

27 05, 2025

TVA Becomes First US Utility to Seek Permit for Small Nuclear Reactor

By | May 27th, 2025|Uncategorized|Comments Off on TVA Becomes First US Utility to Seek Permit for Small Nuclear Reactor

For the first time in the United States, a utility is asking federal regulators for a permit to build a small nuclear reactor. The nation’s largest public power company, the Tennessee Valley Authority, announced Tuesday it submitted a construction permit …

29 05, 2025

US Agrees to End Use of Race, Gender in Highway, Transit Contracts

By | May 29th, 2025|Uncategorized|Comments Off on US Agrees to End Use of Race, Gender in Highway, Transit Contracts

The Trump administration said on Wednesday it has agreed to end the U.S. Transportation Department’s consideration of race or gender when awarding billions of dollars in federal highway and transit project funding set aside for disadvantaged small businesses. A judge …

29 05, 2025

Sony Says Spin-off Will Give Financial Arm Its Own Fundraising Capabilities

By | May 29th, 2025|Uncategorized|Comments Off on Sony Says Spin-off Will Give Financial Arm Its Own Fundraising Capabilities

Sony’s CEO said on Thursday the spin-off of the group’s financial services arm will give that business its own fundraising capabilities. “It is significant that, through the spin-off, Sony (Financial Group) will secure its own fundraising capabilities while continuing to …

29 05, 2025

Trump’s Tariffs to Remain in Effect After Appeals Court Grants Stay

By | May 29th, 2025|Uncategorized|Comments Off on Trump’s Tariffs to Remain in Effect After Appeals Court Grants Stay

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump’s tariffs on Thursday, a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered an immediate block on them. …