News
Markel Chairman to Retire; Gayner Moves Into Role
Markel Group Inc. announced that Steve Markel, chairman of the board of directors, will be retiring after more than 50 years with the company. He said he will retire as chairman and will not seek ...
UN Warns Global Warming Will Exceed 1.5C and Must Be Reversed
Since countries signed onto the 2015 Paris Agreement, the United Nations has regularly reported on the world's progress at limiting global warming to 1.5C above pre-industrial levels. A landmark UN ...
Farmers Prepares Customers for Costlier, Longer Repairs Due to High-Tech Cars
High-tech cars of today will likely take longer and be more expensive to repair, according to a recently released customer education campaign by Farmers Insurance. The advanced technology built into ...
Detroit Sees First Tornado in Nearly 30 Years
Severe storms last week in Southeastern Michigan led to the first tornado touchdown in 30 years for Detroit, according to a report from the National Weather Service. Over the course of two days, ...
OpenAI Commits $1B to Cyberdefense Effort Amid AI Safety Scrutiny
OpenAI said on Thursday it would commit $1 billion in subsidized access to its AI cybersecurity tools, training and technical support for organizations that protect critical services, as concerns ...
After $240M Bitcoin Theft, Crypto Scammers’ Spending Spree Comes to an End
They pulled off one of the largest cryptocurrency thefts in U.S. history, duping a stranger out of bitcoin worth over $240 million. They tried to hide their digital fingerprints, carrying out a ...
Berkshire CEO Abel Says AI to Help Power Growth
Berkshire Hathaway CEO Greg Abel said on Wednesday he sees significant opportunities for the conglomerate from the buildout of AI data centers, after Berkshire made Alphabet its third-largest common ...
Lloyd’s Reports Improved Combined Ratio on H1 Underwriting Profit of £1.9B
Lloyd's of London reported an improved first-half combined ratio of 90.8, (H1 2025: 92.5), which drove an underwriting profit of £1.9 billion ($2.6 billion), compared with £1.5 billion ($2.0 ...