National News

US Cyber Chief Sees ‘Very Aggressive’ Chinese Hacking Strategy

A top US spy chief said China is increasingly using its companies to find vulnerabilities in their own computer networks and then tapping that knowledge to target foreign nations and industries. “We’re really seeing China be very aggressive,” General Timothy …

Report: Cost of Prescriptions in Workers’ Comp on The Rise

While overall utilization is trending downward, cost of prescriptions in workers’ compensation is on the rise, driven by “high-dollar topical agents” that primarily come from out-of-network channels, as well as increased utilization and spend on migraine medicines, and rising trends …

American Airlines Sued for Removing Black Passengers From Flight

American Airlines was accused in a lawsuit on May 29 of race discrimination for temporarily removing three Black men from a flight from Phoenix, Arizona, to New York City. In a complaint filed in federal court in Brooklyn, the plaintiffs …

After First Net Loss Since 1923, USAA Back to Profit in 2023

USAA on Friday said it recorded net income for 2023 of about $1.2 billion, reversing a 2022 loss—the first for the company since 1923—of about $1.3 billion. The San Antonio, Texas-based reciprocal exchange said revenue was up 17% year-over-year to …

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 …

AIG a ‘Different Company’ Poised to Grow in E&S and More: CEO Zaffino

AIG is “a different company” today than it was when CEO Peter Zaffino joined the company in 2017, but like the old AIG, the new one is poised to grow again, he said. The former executive of Marsh, who recalled …

Tesla to Recall 125,227 Vehicles Over Faulty Seat Belt Warning System

Tesla is recalling 125,227 vehicles in the U.S. due to a malfunction in its seat belt warning system that can increase the risk of injury in a collision, the National Highway Traffic Safety Administration said on Friday. The regulator said …

Nationwide Pet Shedding 100,000 Policies

The leading pet insurer in the U.S. said it is dropping about 100,000 policies starting this spring, citing inflation in the cost of veterinary care. Nationwide Pet, the leading provider of pet insurance for dogs, cats, birds and exotic animals, …

National News Archives by Month