Hormuz Traffic at a Trickle as Ship Attacks Heighten Concerns August 4, 2026 By Weilun Soon Observable traffic transiting the Strait of Hormuz remained at a trickle as attacks on vessels and Iranian threats heightened safety...
China Signals Nation Is Ready to Lead Global Climate Action August 4, 2026 By Lili Pike China signaled it plans to take a more important role in steering the global campaign to tackle climate change, as...
Rhine Falls to Lowest Since 1880, Threatening European Trade August 4, 2026 By Eamon Akil Farhat The Rhine River’s water levels dropped to the lowest in nearly 150 years as hot, dry weather grips Europe, threatening...
Britain Says it Is Open to AI Regulation if Voluntary Safeguards Fall Short August 4, 2026 By Paul Sandle Britain would consider regulating advanced AI models if its current voluntary system for testing them before deployment no longer proved...
Europe’s Wildfire Season Exposes Climate Insurance Protection Gap August 4, 2026 By Jemima Denham, Elizabeth Howcroft and Michael Jones Domestic insurers are expected to absorb most of the losses from Europe’s worst wildfire season in recent history, but the...
UBS Fined $125M by US Regulators for Money Laundering Violations August 4, 2026 By Jonathan Stempel UBS was fined $125 million by U.S. regulators on Aug. 3 for violating the Bank Secrecy Act, the largest civil...
Product-Defect Presumption Lives On: Florida Appeals Court Upholds $103M vs. Ford August 4, 2026 By William Rabb A Florida appeals court has upheld a $103 million jury award against Ford Motor Co. after a modified Ford Mustang...
New Jersey Settles Trucker Misclassification Claims for $2.7 Million August 4, 2026 The New Jersey Department of Labor and Workforce Development (NJDOL) has reached a $2.7 million settlement with STG Logistics, Inc....
California High Court Rules for Gilead, Says Drugmakers Don’t Have ‘Duty to Innovate’ August 4, 2026 By Jonathan Stempel California’s highest court ruled on Monday that manufacturers of drugs that are considered safe do not owe a duty to...
DOXA Buys LimitFi Platform for Credit Risk Insurance Products August 3, 2026 Specialty insurance platform DOXA announced it has acquired LimitFi, a platform for capital and credit-risk insurance products. Connecticut-based LimitFi specializes...