Aerospace and innovation have gone hand-in-hand since the days of Orville and Wilbur Wright. Airplanes were once simple metal tubes powered by propellers. Long-haul flying meant four engines and at least three pilots on the flight deck at all times. …
American International Group Inc.’s Brian Duperreault spent his first year as chief executive officer on a rebuilding effort, and his biggest acquisition is the one that can magnify the insurance giant’s exposure to losses from catastrophes like Hurricane Michael. AIG …
When the violent shaking from a massive magnitude 7.5 earthquake finally stopped, Selvi Susanti stood up and realized something strange was happening. First, she saw the ground suddenly begin to sink. Then the pavement split beneath her feet like a …
Global average sea-level could rise by nearly 8 feet by 2100 and 50 feet by 2300 if greenhouse gas emissions remain high and humanity proves unlucky, according to a review of sea-level change and projections by Rutgers and other scientists. …
In the race to start the world’s first driving business without human drivers, everyone is chasing Alphabet Inc.’s Waymo. The Google sibling has cleared the way to beat its nearest rivals, General Motors Co. and a couple of other players, …
An early warning system that might have prevented some deaths in the tsunami that hit an Indonesian island on Friday has been stalled in the testing phase for years. The high-tech system of seafloor sensors, data-laden sound waves and fiber-optic …
Just like a lot of British houses this summer, U.K. insurance stocks are sinking. The country’s nonlife insurers sector had its steepest drop in more than a year-and-a-half on Friday after its biggest constituent, RSA Insurance Group Plc, warned this …
Vandendael Named Everest Insurance International CEO Everest Insurance, the diversified specialty insurance division of Everest Re Group, Ltd., announced the addition of Vincent Vandendael as CEO of Everest Insurance International. He will lead all facets of the Everest Insurance operations …
Electric drones booked through smartphones pick people up from office rooftops, shortening travel time by hours, reducing the need for parking and clearing smog from the air. This vision of the future is driving the Japanese government’s “flying car” project. …
British lawmakers have backed calls for greater regulation of cryptocurrencies such as bitcoin in order to bring an element of control to a market that more resembles the “Wild West.” In a report on digital currencies published Wednesday, the Treasury …