Walmart to Pay $230K in Illinois Disability Hiring Discrimination Settlement
Walmart agreed to pay $230,000 and furnish other relief to settle a disability hiring discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s suit, a deaf applicant applied online for …
Oil Tankers Transiting Strait of Hormuz Since Start of Iran War
The U.S. has maintained a blockade of Iranian ports, while Iran lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly one-fifth of the world’s oil supply. Here’s a look …
Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower
PIMCO and Legal & General Group Plc have been accused of placing “undue pressure” on property valuers in a bitter scrap over the future of a famous Brussels skyscraper whose owner has collapsed into insolvency. The owner of The Finance …
Women’s Board Representation Slips Below 30% as Momentum Stalls
he share of women on the boards of mid-sized and large public companies dipped below 30% in the first quarter, missing that threshold for the first time since 2024, and down from a peak of 30.4% a year ago. In …
Lake Tahoe Power Crunch Shows AI’s Growing Energy Toll in West
Lake Tahoe has long been a refuge for Silicon Valley’s tech elite, from Mark Zuckerberg to Larry Ellison. Now the artificial intelligence boom behind much of that wealth is straining the region’s power market, pushing up costs for residents in …
Georgia Insurance Agent Kept Comp Premiums, Gave Fake COIs, Board Says
A Georgia insurance agent whose license expired a year ago has been charged with diverting workers’ compensation premiums from businesses and providing falsified certificates of insurance. Lucy Margarita Suarez, 33, of Dalton, Georgia, was arrested in Miami and returned to …
NH House Passes Self-Insurance for Childcare, Behavioral Health Businesses
On the last day to vote on bills, the New Hampshire House of Representatives passed a bill aimed at reducing liability insurance costs for care professionals. Senate Bill 614 establishes “multiple-caregiver self-insured risk coverage arrangements” for childcare, day care, foster …
Finland’s First Drone Scare Near Helsinki Disrupts Flights
Finland warned the public of drones possibly entering its airspace, for the first time near Helsinki, in the early hours of Friday. Flights were disrupted at the country’s biggest airport, Helsinki-Vantaa, and about 1.8 million residents of southern Finland were …
Stomach Bugs, Not Hantavirus, Are the Bigger Threat on Cruises
Stomach bugs on cruise ships recently hit a nearly two-decade high as more people than ever board the vessels, underscoring how easily viruses spread on contained voyages. While cruises are in a global spotlight after a rare hantavirus outbreak killed …
Iran’s Threats to Hormuz Undersea Cables Highlight Vulnerabilites of Data Chokepoints
Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait of Hormuz for access to what they say is Iran’s offshore territory. The suggestion comes after Iranian warnings that several …
City of Austin to Pay $35M to Men Wrongly Accused in Yogurt Shop Murders
The city of Austin will pay $35 million to three men and the family of a fourth who were wrongly accused of the 1991 rape and murder of four teenage girls at a yogurt shop, a case that initially sent …
Illinois Man Receives $300K Settlement From Dog Attack
An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German …
‘Designed To Last’: American Family Launches Reality Competition Series on Hulu
American Family Insurance has launched a branded reality competition series, “Designed To Last,” a first-of-its-kind show that reimagines how to think about protecting homes and families against increasing climate risk. The four-episode series sponsored by American Family Insurance premiered May …
Verisk Report Shows Drop in US Reconstruction Costs in 2Q
Reconstruction cost inflation in the U.S. cooled in the second quarter, offering a bit of relief for insurers and businesses.
Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses. In her first speech as external deputy governor, …
Tennessee Solar Ranch Aims to Prove Grazing Under the Panels Is Sunny Side Up
From a distance, the small solar farm in central Tennessee looks like others that now dot rural America, with row upon row of black panels absorbing the sun’s rays to generate electricity. But beneath these panels is lush pasture instead …
Dream Finders Homes Offers $704 Million to Buy Rival Beazer
Dream Finders Homes Inc. submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., which rejected the bid as too low. Jacksonville, Florida-based DFH is offering $25.75 per share in cash for Beazer, according to a statement …
For Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say
NASHVILLE — The future of property-casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day off. “You want your …
Timeline of Baltimore’s Key Bridge Collapse That Killed 6 People
The operator of the massive cargo ship that struck Baltimore’s Francis Scott Key Bridge is now facing criminal charges for actions leading up to and after the crash that killed six people more than two years ago. The Dali container …
$1.3 Billion in Medicaid Money to California Deferred Over Suspicions of Fraud
Vice President JD Vance this week announced new steps in the Trump administration’s initiative to root out fraud in federal health programs, including a $1.3 billion deferral in Medicaid funding to California. “How long are people going to pay into …
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