Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case May 6, 2026 By Nicola M. White Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in...
Insurance Distribution Associations Unite to Form New Industry Advisory Council May 6, 2026 ACORD, the global standards-setting body for the insurance industry, announced the formation of the ACORD Inter-Association Advisory Council (IAAC). IAAC...
Spanberger Weighs Legislation to Allow Class Action Lawsuits in Virginia Courts May 6, 2026 By Markus Schmidt / Virginia Mercury Gov. Abigail Spanberger is weighing whether to sign or veto legislation that would, for the first time, allow Virginians to...
Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW May 6, 2026 Specialty insurance market rates declined in 2025 and during the January 1, 2026 renewals, with the pace of change exceeding...
Volkswagen’s Brazil Unit Recalls Five Models for Instrument Panel Software Fix May 6, 2026 Volkswagen’s Brazilian unit announced on Monday [May 4] a recall of five models manufactured up to five years ago for...
Fatal 2022 China Plane Crash Points to Midflight Fuel Cutoff May 6, 2026 By Bloomberg News The China Eastern Airlines Corp. jetliner that plummeted into a hillside in 2022, killing all 132 people on board, had...
Update: Crew Rescued After Ship With Cargo of Baking Soda Sinks off Greece May 6, 2026 Greece has rescued all nine crew members of a cargo ship that hit rocks and sank off the South Aegean...
Trump Administration Seeks to Stop Minnesota Lawsuit Against Oil Companies May 6, 2026 By Todd Richmond President Donald Trump’s administration moved Monday to block a lawsuit Minnesota officials filed almost six years ago alleging oil companies...
Iran Reviewing US Proposal to End War, Though Key Demands Remain Unaddressed May 6, 2026 By Ariba Shahid, Steve Holland and Alexander Cornwell Iran said on Wednesday it was reviewing a U.S. peace proposal that sources said would formally end the war while...
FSB Watchdog Flags Risks in Banks’ Growing Private Credit Ties May 6, 2026 By Phoebe Seers The fast-growing private credit industry’s deepening links with banks and asset managers are creating risks for the world’s financial system,...