California State University Targeted by EEOC Antisemitism Inquiry
Federal officials have opened inquiries into California State University for allegations of antisemitism and claims of racial discrimination tied to a diversity hiring initiative. The U.S. Equal Employment Opportunity Commission has launched an investigation into claims of antisemitism and was …
OpenAI Says Musk’s xAI Filed Secrets Suit to ‘Bully’ Ex-Workers
OpenAI Inc. says a lawsuit accusing it of stealing technology from xAI is just Elon Musk’s latest attempt to distract attention from the failures of his own generative artificial intelligence company. “Unable to match OpenAI’s innovation, xAI has filed this …
White Mountains Insurance to Sell Unit to CVC in $1.75 Billion Deal
White Mountains Insurance said on Friday it would sell a controlling interest in insurance distribution platform Bamboo to European private equity firm CVC in a deal that values the company at $1.75 billion. Shares of Hamilton, Bermuda-based White Mountains jumped …
More NC Outer Banks Homes Collapse into Surf as Hurricanes Stay Far Offshore
Six unoccupied houses along North Carolina’s Outer Banks have collapsed into the ocean as Hurricanes Humberto and Imelda rumble in the Atlantic, the latest private beachfront structures to fall as sea levels rise due to global warming. Five of the …
Howden Acquires Insurance Broker Gott & Wynne in North Wales
Howden, the London-based insurance intermediary group, announced the acquisition of Gott & Wynne Ltd., a property-casualty insurance broker based in Llandudno, North Wales, specializing in both personal and commercial lines. This acquisition gives Howden its first branch in North Wales …
Georgia Farmers Should Get $531M in Helene Aid But the Deal’s Not Done Yet
The wait continues for Georgia farmers who need more aid after Hurricane Helene, even as state and federal officials in other states announce agreements. The U.S. Department of Agriculture and Georgia Agriculture Commissioner Tyler Harper this week announced Georgia farmers …
Trump Halts $2 Billion for Chicago Transit in Shutdown Play
White House Budget Director Russell Vought announced the withholding of more than $2 billion for transportation projects in Chicago, the latest move by the Trump administration to use the shutdown as leverage to shrink the federal government. Vought said in …
Large Fire Erupts in Jet Fuel Unit at Chevron’s LA Refinery
A large fire erupted in a jet fuel production unit at Chevron’s El Segundo refinery near Los Angeles on Thursday, disrupting supply in California’s isolated energy market. Chevron’s second-biggest refinery in the United States, the El Segundo facility supplies a …
Blast Blew 20-Story Chunk Out of Bronx Apartment Building
An explosion at a New York City apartment building blew off a massive chimney that ran up the side of the high-rise, leaving residents to wait for clearance to return to their apartments as officials investigate what caused the blast. …
Two Delta Jets Collide While Taxiing at New York’s LaGuardia Airport
Two Delta Air Lines Inc. regional jets collided at low speed while taxiing at New York’s LaGuardia Airport on Wednesday night, causing minor injuries to one flight attendant and prompting regulators to open an investigation. Both planes were CRJ-900 aircraft …
Net-Zero Banking Alliance Folds After Mass Exodus by Members
The Net-Zero Banking Alliance is to cease operations after a vote to wind up the group which had already lost many of its members amid allegations from some U.S. lawmakers that membership breached antitrust regulations. The alliance, set up in …
Typhoon Matmo Strengthens as It Hits Philippines, on Track to China
Typhoon Matmo intensified as it made landfall in northern Philippines on Friday where it’s forecast to dump heavy rain, with the nation still reeling from the impact of two deadly typhoons in the past two weeks. Matmo, locally named Paolo, …
Denmark Says Russia Is Waging Hybrid War After Drone Scare
Denmark accused Russia of waging a hybrid war against the Nordic nation and warned more attacks are likely, after a series of drone incursions disrupted operations at civilian and military airports. The Danish Defence Intelligence Service said in a threat …
Finnish Court Dismisses Case Against Crew in Baltic Sea Cable Breach Trial
A Finnish district court ruled on Friday that it does not have jurisdiction to prosecute the captain and two officers of the Eagle S oil tanker, who are accused of breaking undersea power and internet cables in the Baltic Sea …
Markets/Coverages: MGA DUAL UK Announces 5-Year Capacity Deal, Led by Zurich
DUAL UK, the managing general agent and subsidiary of insurance intermediary Howden, announced a five-year capacity deal led by Zurich Insurance, along with Liberty Specialty Markets and other A-rated capacity to support its new regional Commercial Combined product. The Commercial …
EPA Seeks $140M Penalty for Michigan’s Worst Sulfur Dioxide Polluter
When faced with testimony that Zug Island’s EES Coke Battery is one of Michigan’s worst sulfur dioxide polluters, an attorney for the facility said Monday: “So what?” The DTE Energy-owned facility was “permitted to do so,” said Michael Hindelang, attorney …
Yemen’s Houthi Rebels Claim Missile Attack on Dutch-Flagged Ship in Gulf of Aden
Yemen’s Houthi rebels claimed responsibility early on Wednesday for an attack this week that left a Dutch-flagged cargo ship ablaze and adrift in the Gulf of Aden, underlining the range of their weaponry and their campaign targeting shipping over the …
Update: Munich Airport Disruptions Ease After Drones Halt Flights
Flight disruptions eased at Munich International Airport after drone sightings on Thursday led German authorities to suspend operations at the country’s second-biggest hub. Flight operations have been running normally since 5 a.m. local time, airport officials said Friday. Thousands of …
Kansas Sues Snapchat for Deceptive Practices
Kansas Attorney General Kris Kobach announced that his office filed a lawsuit in Washington County District Court against social media company, Snap, Inc., the creator of the SnapChat platform. The lawsuit alleges that Snap has engaged in deceptive and unconscionable …
People Moves: USG Names Hernandez as Underwriter in Texas Office
USG Insurance Services, Inc. is pleased to welcome Jeremy Hernandez as an underwriter in its Houston, Texas office. Hernandez will be working under the leadership of Jodi Berger, Executive Vice President: Regional Manager. Hernandez brings with him a broad and …

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