PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capital for expenses such as maintaining …
PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger Read More »
Ryan Specialty, headquartered in Chicago, Illinois, appointed Chris Kelleher president of SUITELIFE Underwriting Managers effective June 30. The hotel and resort industry-focused managing general underwriter is a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty. This new …
Nadine Menendez, the wife of former U.S. Sen. Bob Menendez, was convicted of teaming up with her husband to accept bribes of cash, gold bars and a luxury car from three New Jersey men looking for help with their business …
Wife of Former US Sen. Bob Menendez Convicted in Bribery Scheme Read More »
A small plane appeared to have struck a power line before it crashed into the Platte River in Nebraska and killed all three people aboard, according to the National Transportation Safety Board. Few details are available about the Friday evening …
Small Plane Hit Power Line Before Crashing in Platte River in Nebraska Read More »
Gov. Greg Abbott on Wednesday signed the first law of this year’s legislative session, a bill creating a new regulation-cutting agency inspired by Elon Musk’s federal Department of Government Efficiency. “Texas can have our own DOGE,” Abbott said Wednesday. “What …
Texas Governor Abbott Signs Bill Inspired by DOGE Read More »
Prompted by a stinging defeat at the U.S. Supreme Court, Republican Ohio Attorney General Dave Yost on Tuesday said he was putting aside his objections and allowing a proposed constitutional amendment that would end qualified immunity for police and other …
Ohio Attorney General to Certify Proposed Ban on Police Immunity Read More »
Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1 2024 average commercial rate …
Global Commercial Insurance Rates Drop 3% During Q1, but US Casualty Bucks the Trend Read More »
The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would deal a severe blow to profits and jobs. One measure would spare automobiles and parts already subject to tariffs from …
US Officials Mull Easing Tariffs Targeting the Auto Industry Read More »
Baltimore City public school officials are dealing with a cybersecurity incident that occurred on February 13. Officials said that criminal actors appear to have gained unauthorized access to documents with information belonging to some current and former employees who completed …
Baltimore City School District Reports Cyber Incident Read More »
Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech. The EU fines could …
Apple, Meta Fined as EU Presses Ahead With Tech Probes Read More »
