Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz …
Chinese technology and e-commerce giant Alibaba and its U.S.-based payment processor have agreed to pay $600 million to resolve allegations that they failed to prevent illegal drug sales, the U.S. Justice Department said on Wednesday. The companies entered into non-prosecution …
About three months after it detected suspicious activity within its network systems, AssuranceAmerica has started alerting consumers. The Atlanta-based managing general agency with about 9,500 agents selling personal auto, renters, and commercial auto policies in 14 states, said on March …
A Swedish court on Wednesday ordered Alphabet’s Google to pay about $1.5 billion in damages to PriceRunner, the price comparison business owned by payments platform Klarna, for favoring its own shopping service in search results. The award, equivalent to around …
A former Lincoln Township, Michigan Police Department Detective Lieutenant has pled no contest to falsifying salvage vehicle inspections, announced Michigan Attorney General Dana Nessel. Johnathan Chase, 54, of Stevensville, pled to one count of Misconduct in Office and one count …
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Louisiana Workers’ Compensation Corporation (LWCC), based in Baton …
The U.S. won’t renew its trade deal with Canada and Mexico, choosing instead to conduct annual reviews of the pact in a decision that risks adding uncertainty for companies producing goods across North America. The U.S.-Mexico-Canada Agreement, or USMCA, will …
Cargo thieves may be operating sooner than you think to take advantage of the July 4 holiday, a new report shows. Verisk CargoNet is warning transportation and logistics stakeholders to prepare for elevated cargo theft risk during the July 4 …
The U.K.’s flood insurer of last resort is unfairly favoring wealthier households and will be reformed to reduce the burden of multimillion-pound payouts, the government said Wednesday. As part of the changes, Flood Re will lower the premiums it charges …
A Walcott, Iowa insurance agent has been charged with over 20 felonies for allegedly opening insurance policies under the names of family who had no knowledge that the polices were taken out, the Iowa Insurance Division announced. Stanly Blythe, 61, …