News
Tesla, Musk Sued by Shareholders Over Robotaxi Claims
Elon Musk and Tesla were sued by shareholders who accused them of securities fraud for concealing the significant risk that the company's self-driving vehicles, including the ...
Federal Judge Stops FEMA From Diverting Infrastructure, Disaster Mitigation Grants
A federal judge has granted the request of 20 states to block the Trump administration's attempt to terminate a multibillion-dollar grant program meant for states' infrastructure upgrades and ...
U.S. Reversal on Key Climate Finding Spells Uncertainty for Business
The Trump administration has billed its plan to undo U.S. climate regulation as a way to cut costs for industry, but it may backfire by forcing automakers, utilities, and manufacturers into a future ...
Parasites Led to Rise in Pet Claims in Q2 2025
Spikes in parasite-related illnesses and one of the highest veterinary claims this year led to a rise in Q2 2025 claims, according to Embrace Pet Insurance. Based on the pet insurer's internal data, ...
Hiscox Agrees to Acquire U.S. Specialist InsurTech
Global specialist insurer Hiscox announced its agreement to acquire a specialist InsurTech business focused on addressing the insurance needs of small businesses operating in sectors such as ...
Owners of Cargo Ship That Crashed into Baltimore Bridge Sue Vessel Manufacturer
The owners of the cargo ship that crashed into the Francis Scott Key Bridge are suing the company that built the vessel, alleging negligence in the design of a critical switchboard on the ship. Grace ...
Lemonade Posts Another Quarterly Loss but Car Growth Continues
InsurTech Lemonade reported a second-quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time. Though still a loss, it was a 23 percent ...
U.S. to Ease Long-Range Drone Rules in Boon for Walmart, Alphabet
President Donald Trump's administration proposed a rule to allow more commercial drones to fly beyond an operator's visual line of sight, a potential boon for companies ...
