A federal judge dismissed a lawsuit on Wednesday accusing mutual fund giant Fidelity of cheating many investors in its $439.1 billion Fidelity Government Money Market Fund by keeping them in higher-cost share classes than they were eligible for. U.S. District …
Fidelity Beats Lawsuit Over Fees in $439 Billion Money Market Fund Read More »
Marsh Risk said it has secured comprehensive insurance coverage for TerraPower’s Kemmerer Unit 1 in Kemmerer, Wyoming, considered the nation’s first commercial-scale, advanced nuclear power plant approved for construction by the Nuclear Regulatory Commission. According to Marsh, the placement is …
Marsh Risk Secures Insurance for Construction of Nuclear Power Plant in Wyoming Read More »
A shooting in Boston. A carjacking in Washington, D.C. A robbery in New York. All were carried out with guns that were among hundreds bought in the South and trafficked north to cities with some of the nation’s strictest firearms …
Report Shows How Guns Move From Southern Stores to Northern Crime Scenes Read More »
Georgia could become the first state to require every student to be checked for weapons when arriving at a public school each day. A bill is nearing passage that would require weapons detection systems in a further reaction to a …
Georgia Could Become First State With Weapons Detection in All Public Schools Read More »
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 US …
FEMA to Offer $1 Billion for Disaster Resilience After Lawsuit Read More »
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 …
US Jury Verdicts Against Meta, Google Tee Up Fight Over Tech Liability Shield Read More »
Federal Housing Finance Agency Director Bill Pulte has sent letters to the Department of Justice encouraging prosecutors to open new fraud investigations into New York Attorney General Letitia James related to real estate. Pulte wrote separately to the US attorneys …
Housing Finance Chief Pulte Makes Insurance Fraud Allegations Against NY AG James Read More »
First Central Group Ltd., the UK 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 …
UK Car Insurer First Central Is Said to Tap Banks for London IPO Read More »
The UK will interdict and board Russian “shadow fleet” vessels in its waters, increasing European pressure on Moscow over tankers exporting sanctioned crude in transactions that help fund the Kremlin’s war on Ukraine. Prime Minister Keir Starmer’s office said the …
Britain to Intercept Russian ‘Shadow Fleet’ Ships in UK Waters Read More »
Uber Technologies and autonomous mobility companies Verne and Pony.ai have partnered up to launch Europe’s first commercial robotaxi service in the Croatian capital Zagreb, with plans to expand to other cities, they said on Thursday. Robotaxis are rapidly expanding into …
Uber, Autonomous Mobility Firms to Launch Europe’s First Commercial Robotaxis Read More »
