News
Suspects Indicted for Impersonating Shipping Carriers in $5M Multi-State Theft Ring
Eight members of a Northeast theft ring have been charged with fraud for impersonating legitimate shipping companies and stealing nearly $5 million in cheese, cigarettes, and copper from logistics ...
Drone Crashes, Severed Fingers Pose Problems for $13B Silicon Valley Military Startup
A year ago, Ryan Tseng, the head of U.S. defense tech startup Shield AI, announced his company had turned a new page. After a gory incident that partially severed a U.S. Navy official's fingers ...
Jury Awards $176M After 2 Boys Killed When California Socialite’s Car Hit Them
A Los Angeles jury has awarded $176 million to the parents of two young brothers killed in a hit-and-run collision when a California socialite's car struck them in a crosswalk nearly six years ago. ...
Natural Disaster Insurance Gap Now Exceeds $420 Billion Globally
The value of uninsured natural catastrophe losses rose more than 7% globally last year to $424 billion, with North America the most exposed region, according to a fresh analysis. While insurance ...
Howard Hughes Holdings Completes $2.1B Acquisition of Re/insurer Vantage Group
Vantage Group Holdings Ltd., the Bermuda-based specialty re/insurer, announced it has been successfully acquired by Howard Hughes Holdings Inc. (HHH) for approximately $2.1 billion. The all-cash ...
Saildrone Partners With NOAA to Study Hurricanes for 5th Year in a Row
Ten Saildrone Explorer unmanned surface vehicles (USVs) will gather near-real-time data from inside extreme storms to improve rapid intensification forecasting and protect coastal communities. The ...
Two Arrested in $500K Arizona Rail Cargo Theft
Last week, local law enforcement and federal agents conducting an ongoing cargo theft investigation involving BNSF Railway in Northern Arizona received a report of a train burglary in progress near ...
Walmart Investors Reject AI Workplace Well-being Report
Walmart investors on Thursday voted against a shareholder proposal asking it to report on how its use of AI is affecting the well-being of its workforce, according to preliminary voting results from ...