Two former Volkswagen AG engineers denied charges they made a combined $300,000 trading on secret information about the German carmaker’s planned $5 billion joint venture with electric-vehicle maker Rivian Automotive Inc. The engineers, Michael Stamp and Marcus Plank, both in …

Following the passing of CEO Michael van der Straaten in July, Antares Global, the specialist re/insurance group, has announced its new leadership structure. Oversight of the Antares Global’s business will remain with Ahmed El Tabbakh, QIC’s group chief business officer …

US telecommunications companies connected their systems to data centers and related infrastructure in a way that exposed them to cybersecurity vulnerabilities, potentially opening the door to the massive Salt Typhoon hacking campaign that breached several mobile carriers two years ago, …

A proposed deal between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz, a senior Iranian source and two regional officials told Reuters on Wednesday, in one of the biggest concessions yet …

A proposed Florida constitutional amendment that would limit some home property taxes will likely remain on the November ballot, but state officials have just 10 days to tone down the proselytizing language, a judge ordered. Leon County Circuit Judge David …

Wildfires burning across Washington and Oregon have left Portland with the worst air quality among major cities around the world, edging out Kinshasa in the Democratic Republic of Congo. The air in both cities is classified as unhealthy, although the …

In a deal designed to boost The Hartford’s growth in the small and midsized employer segment, the Connecticut-based insurer announced a deal to acquire Equitable’s Employee Benefits business, focusing on flexible non-medical benefits. According to a media statement, as part …

A Massachusetts judge has declined to reduce the $91 million damages award she approved last September for a construction worker’s personal injury claim, an award she herself characterized as “grossly excessive” but found is required by statute and precedent. Suffolk …

A DHL cargo aircraft hit an unknown object as it was climbing away from Leipzig/Halle airport in eastern Germany overnight, prompting an unscheduled landing in Hanover, a source familiar with the incident told Reuters on Wednesday. Authorities said they were …

Artificial intelligence is fueling more than half of cybercrime in Africa, enabling criminals to launch faster, more sophisticated attacks as financial losses continue to mount, a new study found. “Cybercrime has emerged as one of the most significant criminal threats …

The green excavator scooped another heap of arid dirt and rocks before swiveling around to deposit the load onto barges ready to be sunk deep into the Danube River. Watched by a group of workers in the scorching Romanian heat, …

Yemen’s Houthi militant group said it would attack Saudi oil tankers in the northern Red Sea, a potential fresh escalation in its attacks on shipping. Houthi military spokesperson Yahya Saree said the move was a result of the kingdom diverting …

Allianz SE agreed to buy the asset management unit of Singapore’s United Overseas Bank Ltd., marking the German insurer’s second major deal in recent days as Chief Executive Officer Oliver Baete pursues growth in the region. Allianz Global Investors, an …

Chubb announced key executive appointments within Westchester, the company’s wholesale excess and surplus (E&S) lines business in North America. Dave Lupica, vice president, Chubb Group and division president, Westchester, has been named executive chairman. Dave Roberts, currently chief operating officer, …

A group of 25 states filed a lawsuit challenging President Donald Trump’s new global tariffs that went into effect last month, adding to similar complaints by small businesses who claim the levies are illegal. New York, California, Illinois and other …

A group of Democratic senators urged the Commodity Futures Trading Commission to rein in prediction market trading on wildfires, expressing concern that individuals could be tempted to commit arson to make their bets pay off. “As the United States faces …

In a significant decision issued on February 25, 2026, the First District Court of Appeal (DCA) ruled in Publix Super Markets, Inc., et al. v. Department of Financial Services, et al., 430 So. 3d 252 (Fla. 1st DCA 2026), that …

Swaths of seaweed are blanketing the beaches and coastlines of the Caribbean and Gulf of Mexico, suffocating shorelines and snuffing out marine life while spooking visitors in areas that depend heavily on tourism. Some 27 million metric tons of self-sustaining …

Plymouth Rock Assurance Makes Leadership Appointments Plymouth Rock Assurance, headquartered in Boston, Massachusetts, appointed Gavin McPhail as vice president and chief data officer; Cornelius Young as vice president and chief claims officer, independent agency group; and Lindsay Mustard as vice …

Southern California Edison equipment sparked a January 2025 wildfire that killed 19 people in the Los Angeles area, fire officials said. The Eaton Fire was caused by electrical arcing events that took place on an out-of-service tower on a dry …