EU’s New Russia Sanctions Aim for More Effective Oil Price Cap July 18, 2025 By Andrew Gray and Lili Bayer The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures...
Tesla Settled Suit Over Autopilot Crash With Truck Crossing Highway July 18, 2025 By Peter Blumberg Tesla Inc. settled a high-profile lawsuit over a driver’s death in 2019 when the Autopilot system in his Model 3...
Excessive Litigation Causes Surge in Liability Insurance Costs: Marsh McLennan CEO July 18, 2025 By L.S. Howard Excessive litigation and abuse of the U.S. legal system are effectively imposing a tax on the U.S. economy and causing...
Trainee’s Death Seen as Part of Pattern of Lapses in Railroad Safety July 18, 2025 Federal investigators have reported that the 2023 death of a CSX Transportation train conductor trainee in Baltimore was caused by...
Ford Recalls Over 694,000 SUVs After Year-Long Fuel Leak Probe July 18, 2025 Ford is recalling 694,271 crossover SUVs in the United States due to a fuel leak issue that could increase the...
People Moves: Higginbotham Appoints Reutter to Newly Created CFO, COO Role July 18, 2025 Higginbotham, headquartered in Fort Worth, Texas, appointed Andrew Reutter as CFO/COO. Reutter most recently served as a principal at Stone...
Chinese Hackers Still Trying to Break Into Telecoms Across Globe July 18, 2025 By Jake Bleiberg and Cameron Fozi A Chinese hacking group has continued to target phone and wireless providers around the world, compromising devices tied to seven...
Former AIG Exec McElroy Faces Sexual Assault Charges in Vermont July 18, 2025 By Chad Hemenway Earlier this week, American International Group (AIG) made a splash with the announcement that it had hired former Lloyd’s CEO...
Waymo Expands in Austin After Tesla Launches Robotaxi Competitor July 18, 2025 Waymo is more than doubling its service territory in Austin as the driverless taxi firm looks to fend off competition...
AM Best Revises Outlook to Negative for Texas’ Southern Vanguard July 18, 2025 AM Best announced it has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A-...