National News

People Moves: Marsh McLennan Appoints Potter US, Canada Chief Commercial Officer; Rokstone Names Berisha, Vandermyde to Marine Team

Marsh McLennan Appoints Potter US and Canada Chief Commercial Officer Marsh McLennan, headquartered in New York, N.Y., appointed Susan Potter as U.S. and Canada commercial officer. Based in Washington, D.C., Potter brings more than 25 years of commercial and public …

FAA to Hold New Round of Runway-Safety Meetings After Close Calls

The U.S. Federal Aviation Administration (FAA) said on Monday it would hold runway safety meetings at 16 additional airports in the coming weeks after a series of troubling close-call aviation incidents. In August, the FAA said it was holding meetings …

Ransomware, Extortion Claims See ‘Worrying Resurgence,’ Says Allianz

Following two years of high but stable loss activity, 2023 has seen a “worrying resurgence” in ransomware and extortion claims as the cyber threat landscape continues to evolve, Allianz Commercial writes in a new report. The business insurance company’s analysis …

FTX Investors Shift Focus to Celebrity Endorsers After SBF Conviction

Sam Bankman-Fried’s criminal fraud conviction came just as the FTX implosion was approaching its first anniversary. But for others who helped promote the cryptocurrency exchange, the legal fallout will continue for years. Attention now turns to a sweeping class-action suit …

Right Turn on Red? With Pedestrian Deaths Rising, US Cities Are Considering Bans

Sophee Langerman was on her way to a bicycle safety rally in Chicago’s Lakeview neighborhood in June when a car turning right rolled through a red light and slammed into her bike, which she was walking off the curb and …

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 …

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