A federal judge dismissed a lawsuit accusing Starbucks of defrauding shareholders by intentionally concealing declining sales in the United States and China, its largest markets. U.S. District Judge John Chun in Seattle said Starbucks’ “innocent explanation” that former Chief Executive …
More than 75 people have been rescued in Texas as floodwaters rise, while Canadian wildfire smoke is choking skies across the Midwest and Northeast, including New York, and heat continues to fuel wildfire risk in California. Torrential rain has flooded …
Human-induced changes to the global climate have “a direct and well-understood impact” on extreme heat and rainfall, according to a landmark new U.S. National Academies report. The assessment comes as weather disasters dominate the headlines and as the public and …
After 20 years in homeowner claims, I’ve heard the same assumption so many times it’s practically folklore: older homes cost more to insure because repairs cost more. That’s not entirely wrong, but the real story is more specific — and …
Canopius Group named Melanie M. Brown head of U.S. Claims. Brown will be joining August 3, and she will report to incoming Canopius Group Chief Claims Officer Steve Parry. She most recently served as head of complex and specialty claims …
As Europe’s railways buckle under record heat, roads melt and power grids strain, countries are turning to an array of fixes for aging infrastructure, from drones inspecting tracks and AI-powered sensors to a surprisingly simple tool: white paint. At Norway’s …
The Trump administration is working to develop new safety requirements governing how autonomous vehicles behave on the road in a bid to address mishaps that have marred the early track record of self-driving cars. Officials aim to finalize the new …
Svetlana Maksimovic and her husband Ljubisa Karovic had just settled into a Ryanair flight last week when a loud bang pierced the hum of engines. Within seconds, she saw her 61-year-old husband being sucked through a dislodged cabin window. In …
Howden Group, the London-based insurance broker that’s chasing an initial public offering by 2030, is in talks to raise several billion pounds in new private capital as it seeks to maintain its breakneck expansion. The group, which is already backed …
A Philadelphia man has been arrested and charged with arson related a fire at a mosque in the city last week. U.S. Attorney David Metcalf announced that Vincent Lang was arrested and criminally charged with maliciously damaging or destroying by …