Industry News
Toyota Motor Corp.’s Chinese joint ventures are recalling more than 560,000 sport utility vehicles to fix a defect in the second-row seats that could jeopardize passenger safety during a collision. From April 1, the Japanese carmaker and its local partner …
Via: Claims Journal
Treasury Secretary Scott Bessent said a U.S. insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive flows of much of the world’s oil and gas supplies. Bessent’s predictions, delivered …
Via: Claims Journal
When Matthew Allan realized nearly $100,000 in Bitcoin was missing from his Coinbase account, he wasn’t too worried. He had signed up for Coinbase One, a $29.99 monthly subscription that promised up to $1 million of account protection. Coinbase’s response? …
Via: Claims Journal
The Justice Department is suing United Parks & Resorts Inc., the parent company of Sea World, for allegedly discriminating against people with disabilities at its theme parks with a policy banning wheeled walkers with seats. The government alleges the policy …
Via: Claims Journal
First Central Group Ltd., the U.K. vehicle and home insurer, has appointed investment banks as it prepares for a potential initial public offering in London, according to people familiar with the matter. The company has lined up Deutsche Bank AG …
Via: Claims Journal
EFI Global named Jamie McComas as senior vice president of sales. McComas will lead EFI Global’s sales and growth strategy. McComas has two decades of experience. Prior to joining EFI Global, McComas held leadership and she also led national business …
Via: Claims Journal
Elon Musk’s lawyer says the billionaire didn’t get a fair trial because a San Francisco jury slipped a “bizarre and highly questionable” joke into a verdict form when it concluded he defrauded Twitter Inc. shareholders before acquiring the social media …
Via: Claims Journal
Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet’s Google liable, potentially teeing up an appeals fight that could reshape how …
Via: Claims Journal
The two air traffic controllers at LaGuardia Airport were grappling with a higher-than-anticipated workload, complicated by foul weather, when an inbound Air Canada Express jet plowed into a fire truck on Sunday evening, killing both pilots. The heavy, late-evening traffic …
Via: Claims Journal
The Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled and criticized as being wasteful. The move was prompted by an order from a U.S. …
Via: Claims Journal