Trader Who Made $1 Billion in Single Bet Sues Deutsche Bank February 6, 2025 By Irene García Pérez and Lucca de Paoli A former trader on Deutsche Bank’s distressed credit desk, known for helping the German lender net nearly $1 billion in...
Viewpoint: Early Executive Actions by Trump Portend a Major Contraction at OSHA February 6, 2025 By Eric J. Conn and Darius Rohani-Shukla President Trump was sworn in for a second term the morning of January 20, and he spent the rest of...
Startup Accused of Gouging LA Fire Victims on Rent February 6, 2025 By Robert Burnson and John Gittelsohn A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one...
New York and Northeast Set for Slippery Commute on Ice Thursday February 5, 2025 By Brian K. Sullivan New York City and the Northeast will slip into Thursday morning’s rush hour on a carpet of sleet, freezing rain...
USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires February 5, 2025 USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report...
Lawsuit Blames Deaths on Ohio Train Derailment February 5, 2025 By Josh Funk and Julie Carr Smyth A lawsuit alleging for the first time that people died because of the disastrous 2023 East Palestine train derailment was...
LA Wildfire Losses Seen as High as $164 Billion, UCLA Says February 5, 2025 By John Gittelsohn Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...
Man Charged With Filing $50K in Fraudulent iPhone Insurance Claims February 5, 2025 A Connecticut man has been arrested and charged with insurance fraud for allegedly running a scam involving filing fraudulent insurance...
Super Bowl Security Tightens After New Orleans Terrorist Attack February 5, 2025 By Myles Miller and Randall Williams Federal law enforcement agencies are rolling out one of the most extensive Super Bowl security operations in recent history, following...
GM Takes Full Control of Cruise in Autonomous Personal Vehicle Shift February 5, 2025 By Kalea Hall and David Shepardson General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the...