Brightline has reached a deal with municipal-bond insurer Assured Guaranty Ltd. that would provide the debt-laden Florida railroad with at least $350 million in new loans if it heads into Chapter 11 bankruptcy, according to people familiar with the matter. …
The US Federal Trade Commission has been investigating whether Alphabet Inc.’s YouTube violated consumer protection laws when it suspended the accounts of users, according to people familiar with the probe. The antitrust and consumer protection agency has been probing YouTube …
Donald Trump lost another bid to move a challenge to his New York criminal fraud conviction to a federal court as a judge said that payments to an adult film star don’t constitute an official act that would be covered …
Poland’s security services are investigating whether a fire at a facility belonging to the country’s largest drone producer WB Electronics SA was an act of sabotage. The fire at the facility, which produces drone components, broke out shortly after midnight, …
The US government is expanding a program for testing out drones in real-world scenarios, focusing on more advanced use cases involving larger unmanned systems, higher altitudes and longer distances. The Transportation Department and Federal Aviation Administration said Aug. 27 that …
Northern California and southern Oregon are under red flag fire warnings, as the threat posed by tinderbox conditions is compounded by strong winds. National Weather Service warnings are in place from noon to 8 p.m. local time, while the U.S. …
KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity …
Auto insurer Dairyland announced that it will return $30 million in savings to eligible Florida private passenger automobile policyholders through a one-time dividend. The insurer is crediting legal system changes signed into law in 2023 and “improved market stability” for …
More than a year after wildfires devastated Pacific Palisades, a nonprofit is advancing a plan to tap the public debt market to create housing in the slow-to-recover Los Angeles wealthy enclave. Uplifters Foundation plans to build new $3 million houses …
Meta Platforms emerged from its biggest legal challenge in the U.S. with its core business intact. The social media giant agreed on Wednesday to pay as much as $18 billion over a decade and limit how teenagers use Facebook and …