Markel Group Inc. said its chairman, Steve Markel, will retire after more than 50 years with the company. He will not seek re-election to the board at the 2027 annual shareholder meeting. CEO Tom Gayner was elected chairman, effective immediately, …
Tesla Inc. rolled out the Cybercab for its robotaxi service almost two years after the driverless car was unveiled, advancing Elon Musk’s futuristic vision while drawing fresh scrutiny from U.S. auto regulators. The closed-door launch in Austin last week was …
HDI Global UK & Ireland (HDI) said it received approval in principle from Lloyd’s to establish a new Lloyd’s syndicate, marking a significant milestone in the implementation of the firm’s wider Xcelerate29 strategy. The approval in principle enables HDI to …
Commercial property insurer FM will serve as principal partner of the Boston Common Golf team in WTGL (Women’s Tomorrow Golf League), a new professional golf league created by TMRW Sports and the Ladies Professional Golf Association (LPGA). The partnership builds …
UnitedHealth Group Inc. has sold an interest in some of its Optum Health operations in Florida to private equity company TPG Inc. as the health conglomerate is working to recover from a collapse in profits last year. “We didn’t need …
Hurricane Lowell passed west of Hawaii, where heavy rains may cause hundreds of millions of dollars of damage. Lowell, with top winds of 105 miles (169 kilometers) per hour, edged west of Kauai but is still dropping heavy rain, as …
I have been writing about the insurance risks of intoxicating hemp products since 2021, when delta-8 THC gummies first started showing up in convenience stores and gas stations across the country. Back then, our message to the cannabis, hemp and …
Boston Scientific said on Tuesday it no longer expects to meet its previously issued third-quarter and full-year 2026 sales and adjusted profit forecasts, after a cybersecurity incident disrupted the medical device maker’s global operations. An unauthorized activity on some of …
British police have a stout task ahead: recovering 70,000 pints worth of stolen Guinness. Two trailer truckloads of the famously creamy dark beer valued at 115,000 pounds ($155,000) were stolen from a depot near Liverpool in northwest England, the Cheshire …
BASF sued Apple on Thursday, accusing the iPhone maker of infringing the German chemical company’s patented face authentication technology in many iPhone and iPad models. In its complaint, BASF’s trinamiX unit said it spent the last decade developing technology to …