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LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says
The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union’s naval force Aspides said in …
POSTED OCTOBER 19, 2025 10:57 AM |
Alphabet’s Waymo to Launch Autonomous Ride-Hailing Service in London in 2026
Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major international cities. Waymo has grown slowly but steadily over …
POSTED OCTOBER 17, 2025 3:59 PM |
Energy Transfer Delays Lake Charles LNG Project Decision to 2026
Energy Transfer LP has pushed back its targeted final investment decision for the proposed Lake Charles liquefied natural gas export project in Louisiana to the first quarter of 2026 from the end of this year, according to people familiar with …
POSTED OCTOBER 17, 2025 3:30 PM |
Meta Building New Gigawatt-Sized Data Center in Texas
Meta Platforms Inc. is building a new gigawatt-sized data center in Texas to advance its artificial intelligence efforts, the latest in a string of significant investments by the company as it looks to keep pace in the competitive AI industry. …
POSTED OCTOBER 17, 2025 3:20 PM |
Trump Bid to Deploy Troops in Chicago Again Denied by Court
A federal appeals court refused a request by the U.S. government to pause a judge’s order that blocked President Donald Trump from deploying National Guard troops to Chicago. A three-judge panel of the 7th U.S. Circuit Court of Appeals on …
POSTED OCTOBER 17, 2025 2:49 PM |
Smucker Sues Trader Joe’s in Ohio, Saying New PB&Js Are Too Much Like Uncrustables
The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging. In the lawsuit, which was filed this week in federal …
POSTED OCTOBER 17, 2025 2:37 PM |
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims
A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA). Northeast …
POSTED OCTOBER 17, 2025 2:25 PM |
Chamber of Commerce Sues Over Trump’s $100,000 H-1B Visa Fee
The nation’s largest business lobbying group sued the Trump administration over its changes to the visa system for skilled foreign workers, teeing up a fresh battle between corporate America and the president. The US Chamber of Commerce said in a …
POSTED OCTOBER 17, 2025 2:15 PM |
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle
Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan (MMC). Nevertheless, without significant changes in large loss …
POSTED OCTOBER 17, 2025 2:09 PM |
Markets/Coverages: Resilience Expands Tech E&O Coverage for Clients Above $25M
Resilience, cyber risk solutions provider, said it has expanded its appetite for technology errors & omissions (tech E&O) insurance to clients with more than $25 million revenue in the US, GBP50M in the UK and EUR 25M in the EU. …
POSTED OCTOBER 17, 2025 11:01 AM |
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