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