Rite Aid Returns to Bankruptcy Protection, Seeks to Sell Most Assets May 7, 2025 By Tom Murphy Rite Aid is again seeking bankruptcy protection as the struggling drugstore chain says it will try to sell substantially all...
Airlines Re-Route, Cancel Flights Due to India-Pakistan Fighting May 7, 2025 By Abhijith Ganapavaram, Ben Blanchard and Ariba Shahid Airlines including United Airlines and Korean Air re-routed or canceled flights and about a dozen Indian airports were shut on...
Authorities Are Cleaning Up an Oil Spill in Southeast Louisiana May 7, 2025 By Jack Brook Federal authorities are seeking to contain and clean up the damage from a decades-old oil well in southeast Louisiana that...
Markets/Coverages: Chaucer Launches Standalone TPL Cover for AI Underperformance May 7, 2025 Chaucer Group, the specialty re/insurer, announced the launch of a standalone third-party liability (TPL) insurance product in collaboration with Armilla...
US Seeks Forced Sale of Google Ad Technology Products May 7, 2025 By Leah Nylen Alphabet Inc.’s Google should be forced to sell off two of its businesses that help websites buy, sell and serve...
Delta Must Face Passenger Lawsuit Over Massive CrowdStrike Computer Outage May 7, 2025 By Jonathan Stempel Delta Air Lines must face a proposed class action by passengers who said it refused to offer full refunds after...
Berkshire Shareholders Reject Diversity, AI Proposals May 7, 2025 By Jonathan Stempel Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based...
Business Moves: Gallagher Acquires Turkish Re/Insurance Broker Aspera May 7, 2025 Gallagher announced it has acquired Turkey-based Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera). Terms of the transaction were not disclosed....
Copper Cable Theft in Spain Delays Thousands of High-Speed Rail Passengers May 7, 2025 Thousands of rail passengers in Spain were hit with delays after copper cables used in the signaling system of a...
Florida Condo Bill Gives Owners Some Slack But Brings New Insurance Concerns May 7, 2025 By William Rabb Florida lawmakers late last week gave final approval to a long-debated condominium bill, one designed to give condo owners a...