Walmart to Pay $100 Million to Settle FTC Case on Driver Wages
Walmart agreed to pay $100 million to settle a suit by the FTC and a group of states alleging the company withheld tips and misrepresented wages to order drivers.
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02, 2026
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02, 2026
Gabehart Says Joe Gibbs Racing Suit Is ‘Punishing A Former Employee for Daring to Leave’
The former competition director of Joe Gibbs Racing claimed the Pro Football Hall of Fame coach is suing him for “daring to leave” the NASCAR team when the situation surrounding Gibbs’ grandson became untenable at the organization. Chris Gabehart admitted …
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02, 2026
Court Sharpens Causation Standard in All-Risk Policies in Church Mutual Case
In all-risk policies, an excluded cause of damage must be the sole cause of damage for the exclusion to apply, a federal appeals court decided last week in an opinion that clarifies North Carolina law but could make some claims …
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02, 2026
SPG Acquires Property Specialist Proper in Montana
Specialty Program Group LLC has acquired Proper Insurance headquartered in Bozeman, Montana. As part of the transaction, Michael Grimland has been named president of Proper. Grimland will lead the business and oversee day-to-day operations, underwriting strategy and continued development of …
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02, 2026
Citrini’s Dystopian AI Vision Draws Global Investor Criticism
The idea from Citrini Research that artificial intelligence will trigger widespread unemployment is prompting a global backlash from investors and economists. In the past few days, experts from Citadel Securities, Deutsche Bank AG, Fidelity International, Liontrust Asset Management Plc and …
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02, 2026
Many State Flood Maps Are Not Up to Date. Connecticut Is Trying to Fix That
Connecticut is taking an unusual step to confront a growing national problem: flood maps that lag reality. The state has launched a public climate-risk mapping tool where residents can see the estimated flood exposure of their property — along with …
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02, 2026
Stellantis Weighs Using China EV Tech for Affordable Cars
Stellantis NV is considering tapping electric-vehicle technology from its Chinese partner Leapmotor to help lower costs across its mass-market European brands such as Fiat, Opel and Peugeot, according to people familiar with the plans. The manufacturer is weighing an expansion …
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02, 2026
Gas Explosion Engulfs House in Flames, Injures Mother and Child in Massachusetts
Firefighters in Massachusetts were investigating an explosion Wednesday that left a house engulfed in flames and at least two people injured, authorities said. Emergency workers responded to the fire at the three-family home about 9:50 a.m., fire officials said. Two …
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02, 2026
Vanguard Settles Collusion Suit for $29.5 Million
Texas said Vanguard Group Inc. agreed to pay a total of $29.5 million to settle a lawsuit brought by a dozen states that accused the asset manager of colluding to manipulate the energy market and reduce coal output. As part …
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02, 2026
State Farm to Pay Record $5 Billion Dividend to Auto Clients
State Farm Mutual Automobile Insurance Co. will pay a $5 billion cash dividend to its auto-insurance customers after posting strong underwriting profits. The payments average $100 per vehicle, State Farm said in a statement. It’s the largest dividend in the …