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Car Strikes Truck, Sends it Dangling Off Bridge in Kentucky

LOUISVILLE, Ky. (AP) — A tractor-trailer that was knocked dangling off a bridge over the Ohio River — prompting a dramatic rescue of the driver — was struck by a vehicle that had crossed into opposing traffic, Louisville Mayor Craig …

Apple Hit With $2B EU Antitrust Fine in Spotify Case, Will Appeal

Brussels fined Apple 1.84 billion euros ($2 billion) on Monday, the iPhone maker’s first ever EU antitrust penalty, for preventing Spotify and other music streaming services from informing users of payment options outside its App Store. The European Commission’s decision …

AM Best Upgrades Credit Ratings of ClearPath Following Merger With Harford

AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of ClearPath Insurance Co., which does business as ClearPath Specialty and …

North Korea Broke Into South Korean Chip Equipment Firms: Seoul’s Spy Agency

North Korea’s hacking groups have broken into at least two South Korean manufacturers of chipmaking equipment, as the country looks to evade sanctions and turn out its own semiconductors for weapons programs, South Korea’s spy agency said on Monday. The …

Infernos Rage From Texas to Australia as Wildfire Season Kicks Off Early

After a year of deadly wildfires around the globe, the world is burning again from Texas to Australia — and in some regions, the blazes are igniting early. Canada’s Alberta province said last month that wildfire season had already begun, …

Rising Sea Levels Increase Threat of Arsenic in Drinking Water: Study

Rising seas due to climate change could exacerbate the threat of arsenic in drinking water, according to a study published in PLOS One in January. Researchers focused on arsenic in well water in Bangladesh, where up to 97% of the …

Ship Sunk by Houthis Threatens Red Sea Environment, Yemen Gov’t, US Military Say

A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the U.S. military confirmed on Saturday, as it echoed a warning from Yemen’s internationally recognized government that the vessel’s cargo of hazardous fertilizer posed a risk …

US Judge Says Google Must Face Some Advertisers’ Antitrust Claims, Dismisses Others

Alphabet’s Google must face advertisers’ proposed class action lawsuit claiming that it monopolizes the ad exchange market, a U.S. judge ruled on Friday. But U.S. District Judge Kevin Castel dismissed some other antitrust claims, including those focused on ad-buying tools …

AI Firms Face Growing List of Lawsuits. Here’s What to Watch

Artificial intelligence firms are facing increasing pressure from some of the world’s most formidable names in technology and media, as new tools spark fresh questions over the risks posed by chatbots that threaten to rival human intelligence. Elon Musk became …

Spike in Recent Ratings Downgrades Shows Challenges for US Insurers

Negative ratings actions and financial challenges are forcing carriers to explore reinsurance options offering needed capital, according to a report released last month by Gallagher Re’s Strategic and Financial Analytics team. Downgrades of U.S. property/casualty (re)insurers jumped significantly in the …

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