Online brokerage Robinhood on Thursday agreed to pay a $7.5 million fine and overhaul its practices to resolve allegations by Massachusetts’ securities regulators that it encouraged inexperienced investors to place risky trades. Massachusetts Secretary of State Bill Galvin filed an …
A television news helicopter that crashed in a southern New Jersey forest last month, killing the pilot and a photographer, had no engine problems that would have prevented normal operation, federal investigators said Wednesday. The National Transportation Safety Board released …
A U.S. appeals court on Wednesday wrestled with whether the video-based social media platform TikTok could be sued for causing a 10-year-old girl’s death by promoting a deadly “blackout challenge” that encouraged people to choke themselves. Members of a three-judge …
A fishing trawler that wrecked on rocks off the Maine coast during a powerful storm, requiring a harrowing early-morning rescue, is a total loss and will be removed over the next few days, a salvage business owner said Wednesday. The …
Blood tests of a construction worker who collapsed Wednesday outside a building owned by Yale University led emergency crews to uncover potentially lethal levels of carbon monoxide inside. Another 13 people were hospitalized, but the discovery may have prevented a …
The excess and surplus lines homeowners’ insurance market in California has undergone significant changes in recent years. The number of policies has changed substantially in over the last decade—first increasing, then declining rapidly. However, new data suggests the market may …
Alliant Insurance Services, headquartered in Irvine, Calif., appointed Greg Zimmer as chief executive officer. Zimmer joined Alliant in 1998 as chief financial officer and was named president in 2007. He assumes the role of Alliant leader Tom Corbett, who will …
The California Department of Insurance is urging business owners to verify the insurance coverage for any subcontractor or vendor they do business with after trucking company owner and operator Raymond Youash, 37, of Encino, appeared in court this week on …
A lawsuit accused a deputy director of the California Governor’s Office of Emergency Services of sexual harassment and retaliation against a senior employee while the agency did nothing to stop it. Ryan Buras, an appointee of Gov. Gavin Newsom, harassed …
Australia’s resource-rich Queensland state is bracing for its second tropical cyclone in a little more than a month, with a storm off the coast expected to strengthen during the weekend. A tropical low developing in the Coral Sea is set …
