LA Wildfires Losses Could Top $30 Billion for Insurance Industry January 14, 2025 By Alexandre Rajbhandari Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the... Read More
Robinhood to Pay $45M to Settle SEC Charges Over Recordkeeping, Other Violations January 14, 2025 By Jonathan Stempel and Chris Prentice Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over... Read More
Poll: Two-Thirds of Northwest Drivers Feel Comfortable Driving in Snow And Ice January 14, 2025 Many drivers feel ready to tackle Pacific Northwest winter weather. A poll shows 59% of Northwest drivers report feeling comfortable... Read More
Global Electric Vehicle Sales Up 25% In Record 2024 January 14, 2025 By Alessandro Parodi Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars,... Read More
Tesla Overtakes Audi in Global Car Sales for the First Time January 13, 2025 By Stefan Nicola Tesla Inc. surpassed one of Germany’s most prized premium car brands last year, despite selling fewer vehicles than expected. Volkswagen... Read More
Edison Utility Sued Over Role of Equipment in Los Angeles Fire January 13, 2025 By Jef Feeley, Mark Chediak and Malathi Nayak Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of... Read More
Purdue’s Sacklers Offer to Increase Contribution in New Opioid Settlement, WSJ Reports January 13, 2025 By Rhea Rose Abraham The Sackler family, owners of Purdue Pharma, is offering to increase their financial contribution to a bankruptcy settlement of opioid... Read More
US Supreme Court Rejects Bid by Oil Companies to Toss Honolulu’s Climate Suit January 13, 2025 By John Kruzel The U.S. Supreme Court declined on Monday to hear a bid by Sunoco and other oil companies to scuttle a... Read More
Editor's Picks Los Angeles Fires Rage as High Winds Set to Return This Week January 13, 2025 By Lauren Rosenthal and Laura Curtis At least two rounds of vicious, dry Santa Ana winds are expected to blast through Southern California early this week,... Read More
Apple Fights $1.8B App Store Suit in First of UK Class Actions Against Tech Giants January 13, 2025 By Sam Tobin Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British... Read More