Despite fewer securities class action settlements, the median settlement amount reached its highest level in nearly three decades last year, according to Cornerstone Research. The median settlement was $17.3 million in 2025—marking a 20% increase from the previous year and …

FedEx was sued in federal court on Friday on behalf of customers seeking refunds from the global shipping company after the U.S. Supreme Court ruled this month that President Donald Trump unlawfully imposed billions of dollars in emergency tariffs on …

Tampa-based Baldwin Insurance Group, Inc. (BWIN) reported a loss of $25.9 million in its fourth quarter, the second quarter for significant red ink. On a per-share basis, the Tampa, Florida-based company said it had a loss of 37 cents. Earnings, …

The Delaware Supreme Court upheld the constitutionality of an overhaul of state law that governs most major US corporations and was fueled by Elon Musk, handing a win to company founders, insiders and private equity owners who sought less restrictive …

A federal judge in Texas has ruled that ExxonMobil can bring a defamation lawsuit against California’s attorney general over comments about the company’s plastic recycling efforts. U.S. District Judge Michael J. Truncale in the Eastern District of Texas said in …

Bird flu has wiped out 7.4 million chickens in Pennsylvania in the past month, a swift and devastating loss that veterinarians and industry members suspect may be linked to an unusually cold winter. Infections of flocks raised to produce eggs …

Aspire today announced it has acquired California-based PolicyOne from One Inc. As part of the transaction, 21 PolicyOne employees are joining Aspire. Aspire plans to continue its long-standing relationship with One Inc. through the use of their PremiumPay and ClaimsPay …

Berkshire Hathaway Inc. Chief Executive Officer Greg Abel vowed to keep Warren Buffett’s guiding principles intact and sought to reassure investors that the company would outlast the legendary executive. Abel began his inaugural letter to shareholders, published on Saturday as …

Britain’s government on Friday appointed a former regulator and current Barclays BARC.L executive, Katharine Braddick, as the Bank of England’s next deputy governor for prudential regulation to try to boost sluggish economic growth. Last year, finance minister Rachel Reeves criticized …

State Farm will issue dividends to Louisiana drivers totaling $136 million following stronger than expected underwriting performances nationally. State Farm, which writes approximately 30% of the personal auto insurance market in Louisiana, will send the dividend to policyholders this summer, …

Higginbotham announced it has acquired Monarch Solutions Inc., a firm that supports high-net-worth individuals with insurance related strategies that are intended to provide tax savings and estate liquidity. Monarch founder and now Higginbotham Managing Director Kevin Klaas will be based …

OpenAI said it banned accounts linked to Chinese law enforcement, romance scammers and influence operations, including a smear campaign against Japan’s first woman prime minister, in a report detailing the misuse of its ChatGPT technology. The company said several accounts …

A fire at an Ohio hog farm complex killed about 6,000 pigs and unleashed a large plume of smoke that could be seen for miles across the rural landscape, an official said. Multiple fire departments responded amid sustained winds of …

Surveillance video captured the dramatic moment a sinkhole opened up on a busy intersection in south-central Omaha, Nebraska, swallowing up two vehicles. The incident happened Tuesday afternoon in a trendy section of the Midwest city, when a sport utility vehicle …

The Pentagon accidentally shot down a US Customs and Border Protection drone on the Texas border with Mexico using a high-energy laser, according to people familiar with the matter, weeks after a similar incident led to confusion and exposed communication …

A Tennessee man was released on bond after he was indicted for allegedly collecting premiums then absconding with the money. Richard Darrel Wolfe, 67, of Hendersonville, was indicted by a Sumner County grand jury last week, charged with 14 counts …

The U.S. Centers for Disease Control and Prevention declared the multistate infant botulism outbreak linked to ByHeart powdered infant formula over on Feb. 26, while health officials continue investigating for the root cause of the contamination. The CDC and the …

The state of New Hampshire and a federal judge remain on a collision course over the fate of the state’s motor vehicle safety and emissions inspection program. An injunction against a new law that sought to abolish the mandatory inspection …

Zurich Insurance Group AG is nearing an agreement to acquire UK specialty insurer Beazley Plc and raise billions of dollars in equity to help fund the deal, according to people familiar with the matter. The Swiss insurer is likely to …

Crews in South Florida were trying to contain a wildfire in Big Cypress National Preserve that had burned more than 25,000 acres (100 square kilometers) near the immigration detention facility known as ” Alligator Alcatraz ” as of Wednesday. The …