The state of Michigan was cleared of liability Thursday in a disastrous 2020 dam failure that flooded communities, destroyed more than 100 homes and drained a popular lake. Court of Claims Judge James Redford acknowledged the “real and lasting damages” …
Breakthrough medical devices will get faster insurance coverage in the US under a new government program that coordinates coverage with the approval process, streamlining one of the biggest hurdles for patient access and industry sales. The Centers for Medicare and …
Jaguar Land Rover is recalling 170,169 vehicles in the U.S. due to loss of drive power, the U.S. National Highway Traffic Safety Administration said on April 23. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, …
Health records from 500,000 people who are participating in British research into aging and diseases were made available for sale on an Alibaba Group Holding Ltd. website. Database owner UK Biobank notified the UK government on Monday that the data …
Iran’s use of a swarm of small, fast boats to seize two container ships near the Strait of Hormuz could undermine suggestions U.S. forces have disabled its naval threat and reveals the challenges facing reopening one of the world’s most …
UniCredit SpA boosted its stake in Assicurazioni Generali SpA to 8.7%, despite earlier indications that it planned to trim the holding. The bank is the insurer third-largest shareholder of Generali, according to a statement of the Trieste-based insurer detailing the …
The Bank of England and other financial services representatives on Wednesday said the sector was prepared for developments around Anthropic’s Mythos artificial intelligence model and other emerging frontier AI models. Mythos is viewed by cybersecurity experts as posing significant challenges …
A large Chinese cybersecurity firm is using artificial intelligence to identify security vulnerabilities in widely used software applications, positioning itself as a competitor to Anthropic PBC, according to a new report. The company, 360 Digital Security Group, has in recent …
Paresh Raja, the founder of collapsed mortgage firm Market Financial Solutions Ltd., is facing a £1.3 billion ($1.8 billion) lawsuit in the UK from creditors alleging he breached his fiduciary duties. Raja, who is already subject to a worldwide freeze …
The Bank of England expects stock markets around the world to fall because current share prices do not fully reflect the many risks facing the global economy, Deputy Governor Sarah Breeden said in an interview with the BBC on Friday. …