National News

Nike Sues New Balance, Skechers for Patent Infringement Over Sneaker Tech

Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike’s technology for making upper portions of sneakers. The lawsuits said that several New Balance athletic shoes and Skechers …

Microsoft Vows to Revamp Security Products After Repeated Hacks

Microsoft Corp., battered for its role in several major hacks, said it’s revamping the way it provides cybersecurity protection, using artificial intelligence and other methods to speed the company’s response to vulnerabilities and better protect customers. In a blog post, …

Palo Alto Acquires Israeli Cyber Startup Talon in M&A Push

Palo Alto Networks Inc. agreed to buy Talon Cyber Security Ltd., marking the second acquisition of an Israeli peer within a week. The deal is valued at about $625 million, according to a person familiar with the plans who asked …

Tyson’s Dinosaur-Shaped Chicken Nuggets Recalled After Possible Metal Contamination

Tyson Foods Inc., the largest US meat producer, is recalling almost 30,000 pounds (13 metric tons) of chicken nugget products aimed at children due to possible contamination with metal pieces. Plastic bags of fully cooked “Fun Nuggets” that may be …

Moody’s Creates Private Credit Rating and Research Group

Ratings agency Moody’s is creating a unit to research and rate private credit, the firm said on Monday. The unit will be headed by Ana Arsov, who will coordinate research and rating initiatives in the field, Moody’s Investors Service said …

Despite Hard Market, P/C Combined Ratio Forecast Near 104 for 2023

Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting projections by actuaries at the Insurance Information Institute (Triple-I) and Milliman. The hard market …

Boeing Says ‘Cyber Incident’ Hit Parts Business After Ransom Threat

Boeing, one of the world’s largest defense and space contractors, said on Wednesday it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a law enforcement probe into it. Boeing acknowledged the …

Elon Musk Asks Court to Reject SEC’s Bid to Make Him Testify in Twitter Probe

Elon Musk asked a federal judge on Nov. 2 not to force him to testify in the U.S. Securities and Exchange Commission’s probe into his $44 billion takeover of social media site Twitter. Musk filed the objections in San Francisco …

Thousands of Black Women Claim Hair Relaxers Gave Them Cancer

Sheila Bush, a cosmetologist, was lounging in the recliner at her St. Louis-area home last winter when an advertisement from a law firm flashed up on her television screen, urging viewers to call a toll-free number if they or a …

Judge Rules Virginia Teacher Shot by Student Can Proceed with $40 Million Lawsuit

A teacher who was shot by her 6-year-old student in Virginia can press forward with her $40 million lawsuit against a school system over claims of negligence by school administrators, a judge ruled Friday. The surprise decision by Newport News …

National News Archives by Month