U.S.
Securities Class Actions Increase Again in 2024; AI-Related Filings Double
The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings more than doubling from the previous year, according ...
Auto Insurance Rate Hikes Expected to Slow in 2025
After an average rate increase of 16.5 percent in 2024 and 12 percent in 2023, insurers are raising rates 7.5 percent on average in 2025, according to LendingTree. A new report by by ...
Insurance Issues Pose Vastly Different Rebuilding Options for LA Wildfire Neighbors
Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. "I chose an old home in an old neighborhood ...
Google Scraps Diversity-Based Hiring Targets
Alphabet's Google is scrapping its goal to hire more employees from underrepresented groups and is reviewing some of its diversity, equity and inclusion (DEI) initiatives, joining a slew of U.S. ...
Southern California Edison Probes Possible Link to Los Angeles Fires
Southern California Edison (SCE), a subsidiary of Edison International, said on Thursday that it was probing whether its equipment was associated with the ignition of two Los Angeles-area wildfires ...
More Autonomous Trucks: Waabi, Volvo Partner to Boost U.S. Adoption
A new, long-term strategic collaboration between Waabi and Volvo is set to scale up the adoption of autonomous trucks in the United States, according to a press release issued this week by Waabi, an ...
Proposed Federal Act Seeks to Reduce Wildfires
Last month, Wyoming Republican U.S. Senator John Barrasso introduced legislation to reduce the destruction caused by wildfire risk, while seeking to improve forest health. Around 63 million of the ...
New Designs for Replacement Bridge After Deadly Collapse Highlight Safety Changes
Almost a year after the deadly collapse of Baltimore's Francis Scott Key Bridge, Maryland officials on Tuesday unveiled their designs for its replacement, which will be taller and better protected ...