2 10, 2026

CFTC Secures $30 Million Judgment Tied to Alleged Crypto Scam

By | October 2nd, 2026|Uncategorized|Comments Off on CFTC Secures $30 Million Judgment Tied to Alleged Crypto Scam

A federal judge in Florida ordered two individuals to pay more than $30 million in restitution and penalties for allegedly defrauding more than 9,000 people in a scam involving crytocurrencies and precious metals, the US Commodity Futures Trading Commission said …

2 10, 2026

FTC Probing OpenAI, Anthropic Over Product Safety Concerns

By | October 2nd, 2026|Uncategorized|Comments Off on FTC Probing OpenAI, Anthropic Over Product Safety Concerns

The Federal Trade Commission is scrutinizing OpenAI, Anthropic PBC and other artificial intelligence companies about the safety of their products amid high-profile cybersecurity incidents, according to a person familiar with the matter. The agency is preparing to send formal demands …

2 10, 2026

Viewpoint: State Socialism Meets Insurance

By | October 2nd, 2026|Uncategorized|Comments Off on Viewpoint: State Socialism Meets Insurance

A free market with limited government intervention has long been a pillar of Republican economic orthodoxy. Today’s Republican party has deviated from its laissez-faire economic roots. It has instead embarked headlong on populist economic policies. Policy initiatives exemplifying its populist …

2 10, 2026

TSMC Mulls Multibillion-Dollar Texas Site for More AI Chips

By | October 2nd, 2026|Uncategorized|Comments Off on TSMC Mulls Multibillion-Dollar Texas Site for More AI Chips

Taiwan Semiconductor Manufacturing Co. is weighing a new campus in Texas that would add tens of billions of dollars in new investment to the company’s multiyear expansion into chipmaking in the US. The go-to chipmaker for Nvidia Corp. and Apple …

2 10, 2026

No Lights, No Radio: Getting Oil Through Strait of Hormuz Is a Risky Job

By | October 2nd, 2026|Uncategorized|Comments Off on No Lights, No Radio: Getting Oil Through Strait of Hormuz Is a Risky Job

The tanker captain summoned his years of experience when he saw the blast in front of him. He veered his 300-meter-long ship around the vessel ahead and could see a fire had started. He called the US Navy to tell …

2 10, 2026

California AG Bonta Issues Subpoena to OpenAI over AI Cybersecurity Risks

By | October 2nd, 2026|Uncategorized|Comments Off on California AG Bonta Issues Subpoena to OpenAI over AI Cybersecurity Risks

California Attorney General Rob Bonta has issued an investigative subpoena to OpenAI, as part of a broader inquiry into cybersecurity incidents and risks related to its AI models, his office said on Thursday. Last month, Bonta announced that the Department …

2 10, 2026

To Shield Its Parishes, Vermont Diocese Wants to Pull Its Bankruptcy Filing

By | October 2nd, 2026|Uncategorized|Comments Off on To Shield Its Parishes, Vermont Diocese Wants to Pull Its Bankruptcy Filing

Facing a ruling that could expose its local parishes and schools to liability, no progress in settlement talks, and rising litigation costs, the Roman Catholic Diocese of Burlington, Vermont has taken the unusual step of asking the U.S. bankruptcy court …

2 10, 2026

AI Tools Suspected in Korea’s Shinhan Bank Hack, Yonhap News Reports

By | October 2nd, 2026|Uncategorized|Comments Off on AI Tools Suspected in Korea’s Shinhan Bank Hack, Yonhap News Reports

Advanced artificial intelligence tools may have been used in a cyberattack on South Korea’s Shinhan Bank Co. that exposed information on about 25,000 customers, Yonhap News reported, highlighting the risk of automated hacking against financial institutions. Attackers probably used sophisticated …

2 10, 2026

US P/C Insurers See Fewer Ratings Downgrades in H1 2026 on Improved Performance

By | October 2nd, 2026|Uncategorized|Comments Off on US P/C Insurers See Fewer Ratings Downgrades in H1 2026 on Improved Performance

The US property/casualty insurance segment saw substantially fewer ratings downgrades and more ratings upgrades in the first half of 2026 — mostly related to either poor or improved operating performance, according to AM Best. There were about half as many …

2 10, 2026

Florida Insurance Agent Pleads Guilty in $300,000 Premium Finance Scheme

By | October 2nd, 2026|Uncategorized|Comments Off on Florida Insurance Agent Pleads Guilty in $300,000 Premium Finance Scheme

A Florida insurance agent faces years in prison after he pleaded guilty to fraudulently arranging more than $300,000 in premium financing for fake companies, then diverting much of the money to his personal use. Daniel Raney, 41, who managed Raney …