By Andrew G. Simpson Global insurance broker Arthur J. Gallagher is suing two former employees who left to start their own New York brokerage firm for allegedly soliciting Gallagher clients and using confidential information in violation of their employment agreements. …
Gallagher Sues Two Former Brokers Who Started Their Own Firm Read More »
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 …
LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says Read More »
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 …
Alphabet’s Waymo to Launch Autonomous Ride-Hailing Service in London in 2026 Read More »
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 …
Energy Transfer Delays Lake Charles LNG Project Decision to 2026 Read More »
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. …
Meta Building New Gigawatt-Sized Data Center in Texas Read More »
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 …
Trump Bid to Deploy Troops in Chicago Again Denied by Court Read More »
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 …
Smucker Sues Trader Joe’s in Ohio, Saying New PB&Js Are Too Like Uncrustables Read More »
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 …
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims Read More »
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 …
Chamber of Commerce Sues Over Trump’s $100,000 H-1B Visa Fee Read More »
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 …
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle Read More »
