Hurricane Lee is rewriting old rules of meteorology, leaving experts astonished at how rapidly it grew into a goliath Category 5 hurricane. Lee – which just as quickly dropped to a still-dangerous Category 3 and held that strength Saturday – …
A profitability problem that would have otherwise taken insurtech Hippo half a year to correct is on the mend after just 30 days, the chief executive officer said at an investor conference Thursday. Speaking at the Keefe, Bruyette & Woods …
Over 70,000 Burning Man festival-goers were stranded in Nevada’s Black Rock Desert following heavy rain over the weekend. The Pershing County Sheriff’s Office said one person died during the rain, though details about how the death occurred were not released. …
Kroger on Friday said it would pay as much as $1.4 billion to resolve thousands of lawsuits by U.S. states, local governments and Native American tribes claiming the supermarket chain’s pharmacies helped fuel the nation’s opioid epidemic. Kroger agreed to …
Microsoft will pay legal damages on behalf of customers using its artificial intelligence (AI) products if they are sued for copyright infringement for the output generated by such systems, the company said on Thursday. Microsoft will assume responsibility for the …
Hurricane Lee has become the strongest Atlantic storm since 2019 with winds of 165 miles (266 kilometers) per hour, and the US National Hurricane Center said the Category 5 system isn’t done growing yet. While the storm is far from …
Lawyers who sued Facebook over user privacy violations are seeking $180 million in attorneys fees — a sum the judge in the case likened to “Nick Bosa money,” a reference to a $170 million contract the San Francisco 49ers star …
Fato to Assume Newly Created Vice Chair Role at AIG Lucy Fato, executive vice president, general counsel and global head of communications and government affairs at American International Group (AIG), will transition to the newly created role of vice chair …
Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed blood tests in Arizona and California through the pharmacy chain’s partnership with Theranos Inc. The proposed settlement, which needs court …
Rikers Island in the Bronx, New York, made the list due to its extreme vulnerability to flooding. Lincoln, Wyoming, was selected because of its high avalanche risk. And the danger of both earthquakes and drought propelled part of Alameda, California, …
