Mercedes-Benz said on Monday it will pay out $120 million to multiple U.S. states over emissions-rigging software in its vehicles, which the German carmaker says resolves the remaining Dieselgate proceedings against it in the U.S. The company has agreed with …
The Los Angeles Angels reached a confidential settlement Friday with the family of late pitcher Tyler Skaggs after a lengthy trial that detailed drug use by players. The two-month trial centered on whether the Angels bore responsibility for Skaggs’ 2019 …
An executive order by President Donald Trump may bring Texas into conflict with the federal government over a new state law regulating the use of artificial intelligence. Trump signed an executive order last week that threatens to cut off federal …
An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued Elon Musk’s xAI, Anthropic, Google, OpenAI, Meta Platforms and Perplexity on Monday for using copyrighted books without permission to train their artificial intelligence systems. New …
The Uber Technologies Inc. veteran overseeing its safety operations is set to depart, setting off a second round of executive changes this year at a time when the rideshare giant is being scrutinized in court over the measures it takes …
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% foreign ownership of …
Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers down. The Financial Conduct Authority …
In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight …
Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK …