July 10, 2023
Southern California Edison and two other companies have paid $22 million to settle U.S. government claims that they caused a 2016 wildfire that burned thousands of acres of national forest, it was announced. The money covers damage from the Rey …
July 10, 2023
Five people are dead after a single-engine plane crashed in a South Carolina coastal resort town. Officials said the fiery wreck near a golf course in North Myrtle Beach on July 1 killed all four passengers and the pilot, The …
July 10, 2023
UniCredit said on Friday it was ending a non-life insurance venture with UnipolSAI as it strengthened its relationship with Germany’s Allianz, a top shareholder and insurance partner. UniCredit said it would buy the 51% stake the Italian insurer owned in …
July 10, 2023
Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against Meta Platforms and OpenAI for allegedly using their content without permission to train artificial intelligence language models. The proposed class action lawsuits filed by Silverman, Richard Kadrey and …
July 10, 2023
The European Medicines Agency (EMA) is probing Novo Nordisk’s diabetes drug Ozempic and weight-loss treatment Saxenda after Iceland’s health regulator flagged three cases of patients on the drugs thinking about suicide or self-harm. Shares of the Danish drugmaker fell about …
July 10, 2023
Canadian energy firm Suncor Energy on Thursday [July 6] said that due to a cyber security incident on June 21, unauthorized party obtained Petro-Points members’ basic contact information. “Based on our investigation to date, we determined that our IT network …
July 10, 2023
\National Grid agreed to pay $5.38 million to state and federal agencies to resolve claims over environmental damage caused by the defunct Gloucester Gas Light Company, officials said Friday. Hazardous chemicals released by the plant, which operated from 1854 to …
July 10, 2023
New York City and the eastern US braced Sunday for severe thunderstorms as a creeping weather front drags across the region and raises the risk of flooding from Vermont to North Carolina. The slow-moving line of showers was crossing the …
July 10, 2023
The European Central Bank’s cybersecurity stress test next year won’t have a direct impact on capital requirements, limiting the exercise’s potential repercussions for investor payouts. The test will be a learning experience for lenders and the supervisor, ECB officials said …
July 10, 2023
More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10 billion in costs for 400 jets stuck in Russia, are urging the High Court to allow a reinsurance dispute to be …