King Tides Inundate Streets and Flood Homes and Businesses on Both US Coasts
King tides have inundated parts of both U.S. coasts, flooding streets and sending seawater into homes and businesses in beach communities in California, Florida and the Carolinas. The tides began with the full moon earlier this week and could cause …
Fire Briefly Triggers Emergency at SC Lab on Former Nuclear Weapons Site
A fire at a national lab in South Carolina that is in a complex where key parts for nuclear bombs were once made triggered an emergency declaration Wednesday that shut down incoming traffic and restricted air and rail service in …
Bayer Wins Roundup Weedkiller Cancer Trial While Awaiting Settlement Ruling
Bayer won a trial over claims by three women that its Roundup weedkiller caused their cancer, while awaiting a broader ruling from a separate court on the company’s $7.25 billion effort to settle other Roundup cases. The trial, which ended …
Japan’s Cyberattack Surge Tests Its Push to Strengthen Defenses
Japan is facing an intense wave of AI-powered cyberattacks that’s laid bare the vulnerability of one of the world’s largest economies to a new breed of hacking. Dozens of incidents affecting companies from brokerages to delivery firms have made data …
HSBC Seeks to Hedge Data Center Debt With Credit Risk Insurance
HSBC Holdings Plc is looking to offload credit risk on data center loans to insurers as demand for artificial intelligence-related finance continues to grow. The bank is holding preliminary discussions with insurers about a series of project finance deals, some …
Binance Estimates $6.3 Billion Hacked in Crypto’s Biggest Heist
Hackers siphoned off $6.3 billion from crypto exchange Binance in the biggest heist that the digital-asset industry has ever faced, the latest in a slew of security incidents afflicting the financial sector. The world’s largest crypto trading platform suspended withdrawals …
Record Binance Hack Shows No Crypto Firm Is Too Big to Breach
A security breach at Binance involving up to $6.3 billion is the biggest crypto hack on record, raising fresh questions about the industry’s ability to protect digital assets as it seeks to woo traditional finance. The incident at the world’s …
Zillow to Pay $212.5 Million to Settle Class Action Over Failed Venture
Zillow said on Wednesday it will pay $212.5 million in cash to settle a class action accusing the online real estate marketplace of misleading shareholders about its failed Zillow Offers home-flipping venture. The Seattle-based company did not admit wrongdoing in …
Greek Container Ship Sinks After Drone Attack off Bulgaria
A Greek container ship has sunk after being hit by naval drones off Bulgaria on Wednesday, the Bulgarian government said, in the latest of a series of strikes in the western Black Sea this month that have raised concerns about …
Miami Beach Buildings Sinking at Different Rates, Due to Construction, Study Finds
Much of the Miami Beach skyline, on ground that’s just a few feet above sea level, is sinking. But some of the iconic skyscrapers there are sinking at different rates and much of the subsidence is due to non-stop building …
Colorado’s Glaciers Thinned Dramatically Due to Record Low Snow And Heat This Year
The most prominent glaciers in Colorado thinned dramatically over the past year due to record low mountain snow and record warm temperatures, according to new research. Their shrinking is on par with recent observations of glacier loss across the planet …
Lyft to Pay $1.8 Million to Settle California Privacy Allegations
Lyft is paying $1.8 million in civil penalties to resolve allegations that it violated California privacy and unfair competition laws by failing to let consumers opt out of the sale or the sharing of their personal information. The settlement also …
Pennsylvania Law Addresses Flood Risk Disclosure by Home Sellers
Pennsylvania Governor Josh Shapiro this week signed legislation meant to improve homeowners’ understanding of potential flood risk during the home-buying process. The new law (House Bill 1704) will require sellers to inform buyers about their home’s flood risk. Under the …
Nippon Dynawave Faces $77,800 in Fines After Worker Falls into Hot Pulp Sinkhole
Nippon Dynawave Packaging Co. faces $77,800 in fines after an employee nearly became engulfed in hot pulp while attempting to shut off a valve at the company’s Longview, Washington mill. The Washington State Department of Labor & Industries cited the …
NY Project Tests Whether Larger Batteries Can Safely Power Residential Buildings
A battery system installed in a Buffalo, New York, apartment building will store excess energy when it’s plentiful and power the building when the grid is strained and electricity is costly. The manufacturer and state officials hope it will show …
New York State Bans ‘Unsafe’ Chatbots for Kids as States Push AI Regulation Limits
New York is enacting farther-reaching restrictions on companion chatbot behavior, as states increasingly move to protect children who use artificial intelligence, regulate how employers deploy AI systems and push developers to prevent an AI-caused catastrophe. Legislation signed Wednesday by Gov. …
GM to Pay $220M to Settle Privacy Claims Over Sale of Driver Data to Insurers
General Motors will pay $220 million to settle allegations that it illegally sold drivers’ private behavior and location data to brokers, who then sold the information to insurers that used it to set and sometimes increase rates. The settlement, announced …
Rainier Partners Acquires Texas MGA Platform Apex
Rainier Partners, a private equity firm investing in lower middle-market services businesses, has acquired Apex Insurance Services, a multi-brand managing general agency (MGA) platform focused on the Texas non-standard auto insurance market. Headquartered in Richardson, Texas, Apex manages five MGAs …
Midwest Gasoline Supplies Hit Lowest On Record As Election Nears
Gasoline stockpiles in the Midwest have fallen to an all-time low, raising the threat of persistently high pump prices in the region just days away from a handful of crucial Senate elections. Commercial gasoline supplies declined to 41 million barrels …
Screwworm Reaches Arizona for First Time as Outbreak Spreads
New World screwworm was found in Arizona for the first time, as cases of the deadly parasite threatening the US cattle herd spread west into a third state. The US Department of Agriculture confirmed the infection late Wednesday in a …

