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Scholz to Visit Southern German Region Battling Severe Flooding

Southern Germany continues to battle flooding from heavy rainfall that’s disrupted transportation and pushed emergency services to their limits. Chancellor Olaf Scholz, who plans to visit some of the affected regions on Monday, said recent instances of extreme weather highlight …

KKR Weighs Entering Private Credit in Japan to Challenge Banks

KKR & Co. is considering entering the private credit market in Japan to provide an alternative to bank loans. “It will be a medium to long-term initiative,” Hiro Hirano, the head of KKR Japan said in an interview. “I think …

Stellantis Rushes to Replace Thousands of Faulty Takata Airbags

Stellantis NV is rushing to fix around 500,000 cars from its Citroën and DS brands after urging clients to stop driving them due to faulty air bags from now-defunct Takata Corp. The company is providing replacement vehicles, sourcing new air …

Musk Accused of $7.5 Billion of Insider Trades in Investor Suit

Elon Musk had inside knowledge of a miss on production and delivery numbers that Tesla Inc. was facing when he sold more than $7.5 billion in stock in 2022, a shareholder in the electric vehicle maker claimed in a lawsuit. …

Live Nation Probing Ticketmaster Hack Amid User Data Leak Concerns

Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year. In a filing with the …

Hundreds of Thousands of Internet Routers Destroyed in Newly Discovered 2023 Hack

An unidentified hacking group launched a massive cyberattack on a telecommunications company in the U.S. heartland late last year that disabled hundreds of thousands of internet routers, according to research published Thursday. Security analysts with Lumen Technologies’ Black Lotus Labs …

Busy Hurricane Season Could Test NC’s ‘Weakened’ Building Codes, Experts Say

The 2024 Atlantic hurricane season, predicted to be unusually intense, officially began this week and it could soon bring the first test of a North Carolina law that some insurance experts have said weakens building codes in the state and …

Medical Cannabis User Fired After Failing Drug Test Appeals Denial of Job Benefits

A Vermont man who lost his job after he said a random drug test showed he had used medical marijuana off duty for chronic pain has appealed to the Vermont Supreme Court saying he should not have been denied a …

Vermont Is 1st State With Law Requiring Oil Companies Pay for Climate Change Damage

Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather. Republican Gov. …

Utility Launches Shutoff Plan Aimed at Preventing Another Wildfire Like Lahaina

More than 48,000 Hawaiian Electric Co. customers living in some of the state’s driest areas will soon face the prospect of advance power shutoffs — and outages that could last several days — in order to reduce the risk of …

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