Appeals Court Delivers Split Ruling on Michigan’s Renewable Energy Regulations
A state appeals panel last week upheld the bulk of Michigan’s regulations limiting local control over renewable energy projects, while rejecting narrow aspects that critics had decried as regulatory overreach. The three-judge Michigan Court of Appeals panel ruled that state …
Boat Explodes Near Miami, Injuring a Dozen People
About a dozen people were taken to hospitals with injuries Saturday after a boat explosion near Miami, the Miami-Dade Fire Rescue agency said. The charter boat was in Biscayne Bay, near Haulover Sandbar, when the blast erupted on board, according …
GM to pay $12.75 Million to Settle California Driver Privacy Probe
GM has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold two data brokers detailed information about the driving habits of hundreds of thousands of Californians, state Attorney General Rob Bonta …
Update: Trump Dismisses Iran’s Offer, Oil Rises as Hormuz Closure Persists
President Donald Trump said on Monday that a ceasefire with Iran was “on life support” after he rejected Tehran’s response to a U.S. peace proposal, fueling concerns of a resumption of hostilities in the 10-week-old conflict that has killed thousands …
TikTok Must Face Massachusetts Lawsuit Alleging It Harms Young Users
A Massachusetts trial court judge has denied TikTok’s bid to dismiss the lawsuit against it by the Commonwealth of Massachusetts alleging that its popular social media video sharing site is intentionally designed to be addictive and harmful to young users …
Hedge Funds Make Their Move as Litigation Finance Assets Slump
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter. Firms working in distressed-debt special situations including Davidson Kempner …
Seoul Condemns Strike on Vessel in Strait of Hormuz as Probe Continues
South Korea strongly condemned what it described as an attack on a civilian cargo vessel in the Strait of Hormuz after a government investigation found the ship was struck by unidentified objects, though it stopped short of assigning blame. “Attacks …
Ships’ Signals Go Haywire as Hormuz Strait Tensions Escalate
Geolocation data for some ships in the Persian Gulf showed locations and speeds that defied logic, pointing to an increase in signal interference following fresh attacks by Iran on neighboring countries. The tracking data showed about 120 vessels in a …
People Moves: Da Costa to Head Markel US Cyber, Tech E&O; Brown & Riding Names Kerr Leader of Private Client Practice
Markel Insurance Appoints Da Costa to Lead U.S. Cyber and Tech E&O Portfolio Markel, the insurance operations within Markel Group Inc., appointed Raphael Da Costa to lead its U.S. cyber and tech E&O portfolio. Da Costa oversees Markel’s U.S. cyber …
Ex-Ohio State Players to Join a Sexual Abuse Lawsuit Against the School
Thirty former Ohio State football players, including some former NFL players, have agreed to join a federal lawsuit against the university over the sexual abuse of student athletes decades ago by a team doctor, a lawyer in the case said …
Explosion and Fire at New Orleans Area Refinery to Cause Production Disruption
No injuries were reported after an explosion and a fire at a refinery in the New Orleans area on Friday, officials said. Residents near Chalmette Refining said they heard an explosion at around 1 p.m. The refinery is in Chalmette, …
Banks and Crypto Backers Tussle as Senators Eye Landmark Digital Asset Bill
Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering a landmark digital asset bill. The proposed changes would tweak the compromise brokered by Senators Thom Tillis, a Republican, and Angela …
Some College Finals Delayed After Canvas Online Platform Hacked
Disruptions for college students are set to drag into the weekend after hackers briefly took down an online platform used by thousands of schools around the world, from Princeton University in the US to the University of Manchester in the …
Nike Sued by Consumers for Not Refunding Tariff Costs
Nike was sued on May 8 by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher prices. In a proposed class action, consumers said Nike should not …
A Faint Sound in Rumble of Mississippi Tornado Leads to Stunning Rescue
As storm chaser Ashton Lemley picked his way through a tornado-ravaged Mississippi trailer park, he heard the unmistakable meow of a kitten pierce the predawn darkness. The homes were flattened just hours earlier as storms spawned at least three tornadoes …
Florida, Louisiana Insurer Safepoint Reveals 97% Revenue Surge in IPO filing
Safepoint Insurance on May 8 filed its paperwork for a U.S. initial public offering, disclosing a 96.9% revenue jump last year as a strong run of new IPO listings from Florida-based insurers extends into 2026. The company reported a net …
California Governor Seeks Extension of FEMA Funding for LA Wildfire Victims
California Gov. Gavin Newsom is asking the federal government extend disaster assistance programs for thousands of victims of the January 2025 Los Angeles wildfires who are still working to rebuild. Newsom is requesting a 12-month extension of the Federal Emergency …
People Moves: Maryland Auto Insurance Board Appointees Confirmed
Following the recommendation of the Senate Executive Nominations Committee, the full Maryland Senate has confirmed the appointments of four members to the Maryland Automobile Insurance Fund Board of Trustees. Steven D. Linkous was reappointed to serve the remainder of a …
People Moves: Affordable American Names Floyd President Retail Agency Division
Affordable American Insurance LLC named Eddie Floyd to AAI’s leadership team as president of its retail agency division. Floyd will help lead the organization’s growth while overseeing the performance and expansion of its internal agency platform. Floyd has more than …
University of Vermont Hopes New Weather Station Fills Flood Prediction Gaps
A new University of Vermont extreme weather monitoring station opened in Lyndonville on Tuesday, the first in a planned network of monitoring stations to help fill gaps in extreme weather predictions and response. The station will be able to monitor …