Grad Students are Developing a Way to Cool Texas Data Centers Without Water
Sai Abhideep Pundla has been awake since 3 a.m. After a red-eye flight from Las Vegas, where he briefed data center company executives and local government officials about the future of artificial intelligence, he’s back in a lab at UT-Arlington, …
People Moves: Alliant Adds Gramling to Employee Benefits Group
Alliant Insurance Services has hired Alex Gramling as Senior Vice President within its Employee Benefits Group. Based in Fayetteville, Arkansas, Gramling will serve a national client base, drawing from a background that spans the full spectrum of employee benefits, including …
Gallagher Sues Two Former Brokers Who Started Own Firm
Global insurance brokers Arthur J. Gallagher is suing two former employees who left to start their own New York brokerage firm for allegedly soliciting Gallagher clients and using confidential information in violation of their employment agreements. Gallagher claims that James …
Typhoon Bualoi Kills 12 in Vietnam as Philippine Toll Hits 27
Typhoon Bualoi killed at least 12 people in northern central Vietnam, where heavy rains are expected to continue amid power cuts and flight disruptions. The storm made landfall in Vietnam early Monday after it earlier slammed the Philippines, where 27 …
People Moves: Palomba Joins Howden US as Deputy Head of Natural Resources
Howden US appointed Christine Palomba as deputy head, natural resources, Howden US, headquartered in Columbia, South Carolina. Palomba has 29 years of industry experience, most recently at Aon, where her previous role was managing director, U.S. power and renewables practice …
People Moves: Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter; HDI UK & Ireland Names Potter From AXA XL as Director of Liability
This edition of International People Moves details appointments at Specialty MGA and HDI UK & Ireland. A summary of these new hires follows here. Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter Specialty MGA, the London-headquartered managing general agent …
Flood-Focused Neptune’s IPO Joins Boom in Niche Insurer Debuts
Neptune Insurance Holdings Inc. is hoping its record of growth and profitability selling flood insurance policies will generate the same investor enthusiasm for its US IPO that greeted most debuts by other firms in the sector this year. Like many …
Transportation Department Tightens Noncitizen Truck Driver Rules
The U.S. Transportation Department tightened commercial driver’s license requirements for noncitizens on Sept. 26 after three fatal crashes this year that officials say were caused by immigrant truck drivers. The new rules make getting commercial driver’s licenses extremely hard for …
Report: Response to Disastrous LA Fires Slowed by Lack of Resources, Outdated Alert Process
A lack of resources and outdated policies for sending emergency alerts led to delayed evacuation warnings as flames began consuming neighborhoods during deadly Los Angeles-area wildfires in January, according to an outside review. The Independent After-Action Report produced by the …
Trump Says US to Impose 100% Tariff on Movies Made Outside the Country
U.S. President Donald Trump said on Monday he would impose a 100% tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood’s global business model. The step signals Trump’s willingness to extend protectionist trade policies into cultural …
Hurricane Humberto Will Allow Storm Imelda to Veer Away From US
Hurricane Humberto will likely bulldoze a path for Tropical Storm Imelda to veer away from the coastal US Southeast, sparing the region from a direct strike. Category 4 Humberto’s winds rose to 145 miles (233 kilometers) per hour as of …
Perelman Loses Bid for $400 Million for Less ‘Vibrant’ Art
A New York judge ruled Ron Perelman was not entitled to $400 million from insurers over alleged damage to an Andy Warhol and four other paintings from a 2018 fire at his Hamptons home. Justice Joel M. Cohen’s Friday decision …
Harrods Warns Customers of Data Theft in Latest IT Breach
Customers of Harrods Ltd., the luxury London department store, had their personal data stolen, the latest in a string of cyberattacks and IT breaches affecting major UK businesses this year. Data including names and contact details for some Harrods customers …
Update: Airbus, Air France Reject Blame Over AF447 Crash, After 16 Years
Airbus and Air France pleaded not guilty to manslaughter on Monday at the start of a new two-month trial over France’s worst air disaster, 16 years after a Paris-bound jet crashed into the Atlantic, killing all passengers and crew. A …
OpenAI to Bring Parental Controls in ChatGPT After Teen’s Suicide
OpenAI is rolling out parental controls for ChatGPT on the web and mobile, following a lawsuit by the parents of a teen who died by suicide after the artificial intelligence startup’s chatbot allegedly coached him on methods of self-harm. The …
New Zealand to Ease Strengthening Rules on Quake-Prone Buildings
New Zealand is changing the way it assesses earthquake-prone buildings in an attempt to reduce costs and confusion for owners. The government is implementing clearer definitions to identify buildings that pose a genuine risk to human life in medium and …
Jaguar Land Rover Seeks £2 Billion Lifeline to Tide Over Cyberattack
Tata Motors Ltd.-owned Jaguar Land Rover is raising £2 billion ($2.7 billion) loan from global banks as the luxury carmaker seeks to ease the financial strain of a cyberattack that forced it to halt production, according to people familiar with …
Sony Financial Soars in Spinoff Listing in Tokyo Trade Debut
Sony Financial Group Inc. surged in its Tokyo debut on Monday after a rare spinoff-listing by Sony Group Corp.,which is sharpening its focus on its entertainment and image sensor businesses. The shares opened at ¥205 and rose as high as …
Judge Rules Feds Can’t Withhold Disaster Relief Until States Cooperate on Immigration
A federal judge in Rhode Island ruled on Wednesday that it’s unconstitutional to require states to cooperate on immigration enforcement actions to get funding for disasters, which is overseen by the Federal Emergency Management Agency. A coalition of 20 state …
Boeing to Pay $50,000 Over Suicide of Quality Inspector
Boeing Co. agreed to pay at least $50,000 to settle a wrongful death lawsuit brought by the family of John Barnett, a whistleblower who took his own life last year. Barnett, a former Boeing employee, died in March 2024 at …