President Donald Trump’s swift rejection of Iran’s response to a U.S. peace proposal pushed oil prices higher on Monday, fueling concerns that the 10-week-old conflict will drag on and continue to paralyze shipping through the Strait of Hormuz. Days after …
Trump Dismisses Iran’s Offer, Oil Rises as Hormuz Closure Persists Read More »
A Massachusetts trial court judge has denied TikTok’s bid to dismiss the lawsuit against it by the Commonwealth of Massachusetts alleging that its popular social media video sharing site is intentionally designed to be addictive and harmful to young users …
TikTok Must Face Massachusetts Lawsuit Alleging It Harms Young Users Read More »
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter. Firms working in distressed-debt special situations including Davidson Kempner …
Hedge Funds Make Their Move as Litigation Finance Assets Slump Read More »
South Korea strongly condemned what it described as an attack on a civilian cargo vessel in the Strait of Hormuz after a government investigation found the ship was struck by unidentified objects, though it stopped short of assigning blame. “Attacks …
Seoul Condemns Strike on Vessel in Strait of Hormuz as Probe Continues Read More »
Geolocation data for some ships in the Persian Gulf showed locations and speeds that defied logic, pointing to an increase in signal interference following fresh attacks by Iran on neighboring countries. The tracking data showed about 120 vessels in a …
Ships’ Signals Go Haywire as Hormuz Strait Tensions Escalate Read More »
Markel Insurance Appoints Da Costa to Lead U.S. Cyber and Tech E&O Portfolio Markel, the insurance operations within Markel Group Inc., appointed Raphael Da Costa to lead its U.S. cyber and tech E&O portfolio. Da Costa oversees Markel’s U.S. cyber …
Thirty former Ohio State football players, including some former NFL players, have agreed to join a federal lawsuit against the university over the sexual abuse of student athletes decades ago by a team doctor, a lawyer in the case said …
Ex-Ohio State Players to Join a Sexual Abuse Lawsuit Against the School Read More »
No injuries were reported after an explosion and a fire at a refinery in the New Orleans area on Friday, officials said. Residents near Chalmette Refining said they heard an explosion at around 1 p.m. The refinery is in Chalmette, …
Explosion and Fire at New Orleans Area Refinery to Cause Production Disruption Read More »
Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering a landmark digital asset bill. The proposed changes would tweak the compromise brokered by Senators Thom Tillis, a Republican, and Angela …
Banks and Crypto Backers Tussle as Senators Eye Landmark Digital Asset Bill Read More »
Disruptions for college students are set to drag into the weekend after hackers briefly took down an online platform used by thousands of schools around the world, from Princeton University in the US to the University of Manchester in the …
Some College Finals Delayed After Canvas Online Platform Hacked Read More »
