5 05, 2026

New Zealand’s A2 Milk Recalls Batches of US Baby Formula After Toxin Found

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New Zealand infant formula maker a2 Milk Co. is recalling batches of product sold in the US after detecting a toxin linked to vomiting and diarrhea, marking its first brush with a contamination scare that has rattled the global industry. …

5 05, 2026

Insurer QBE Faces Investor Pressure Over Extreme Weather Risks

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Australian Ethical Investment Ltd., a pension fund with about A$14 billion ($10 billion) under management, is pressuring QBE Insurance Group Ltd. over the potential threat extreme weather poses to future profitability. The fund, which holds about A$65 million of QBE …

5 05, 2026

Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price

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During the recent Berkshire Hathaway annual meeting, CEO Greg Abel told shareholders that the conglomerate’s decisions on investments and acquisitions depend on several factors, highlighting price relative to risk as one of them. See related article: Details TBD: Berkshire’s Jain, …

5 05, 2026

Oil Tanker Pricing Feud Embroils Centuries-Old London Market

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A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical corner of global finance — the multibillion-dollar freight market and the 282-year-old City of London institution that sits at the …

5 05, 2026

Federal Judge Has ‘Grave Concerns’ About Missouri Roundup Deal

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A federal judge overseeing thousands of cancer lawsuits against Bayer AG and its Roundup weedkiller said he had “grave concerns” about whether a proposed $7.25 billion class-action settlement in Missouri could properly address future claims outside the state. At a …

5 05, 2026

United Jet Hit Pole, Truck During Newark Landing Approach

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A United Airlines Holdings Inc. plane grazed a vehicle and light post on an adjacent highway in its final approach to Newark Liberty International Airport on Sunday, the latest in a string of incidents that have put the spotlight on …

5 05, 2026

Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown

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Brown & Brown acknowledged that the cost of the Howden-driven talent war has risen to $31 million in annual revenue. “At the end of March, the startup [Howden] has taken customers representing approximately $31 million of annual revenue as compared …

5 05, 2026

Heat-Trapping Microplastics Found to Play Role in Climate Change

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Microplastics in the atmosphere are heating the planet, magnifying climate change impacts, according to new research. Scientists in China and the US found that tiny, colored plastic particles absorb sunlight as winds blow them around the world, trapping heat and …

5 05, 2026

New Mexico Seeks $3.7B, Changes to Meta Platforms in Youth Harm Trial

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The U.S. state of New Mexico on Monday asked a judge to declare Meta Platforms a public nuisance, order the company to pay $3.7 billion and overhaul its Facebook, Instagram and WhatsApp platforms to protect young users. “Across the country, …

5 05, 2026

AI Firms Agree to Give US Early Access to Evaluate Their Models

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Alphabet Inc.’s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models to assess the systems’ capabilities and help improve their security before the technology is released to the public. With …