Survey: Most Homeowners Believe Their Policy Covers Floods June 20, 2024 Most U.S. homeowners don’t know the policy covering their home doesn’t cover flooding, a new survey shows. Respondents in a... Read More
Tropical Storm Alberto to Bring Flooding to Coastal South Texas June 19, 2024 Tropical storm Alberto has caused flooding and more than three feet of storm surge in parts of coastal south Texas... Read More
Editor's Picks Lightning Caused $1.2B in Homeowners Claims in 2023, Says Triple-I June 19, 2024 Damage to U.S. homes due to lightning resulted in $1.2 billion in homeowners insurance claims in 2023, up 30% from... Read More
Editor's Picks Qualcomm Reaches $75M Settlement Over Sales and Licensing Practices June 19, 2024 By Jonathan Stempel Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by... Read More
UK Hospital Hackers Say They’ve Demanded $50 Million in Ransom June 19, 2024 By Ryan Gallagher A cohort of Russian-speaking hackers is demanding $50 million from a UK lab-services provider to end a ransomware attack that... Read More
Hackers Demand as Much as $5 Million From Snowflake Clients June 19, 2024 By Charles Gorrivan, Margi Murphy and Brody Ford Cybercriminals are demanding payments of between $300,000 and $5 million apiece from as many as 10 companies breached in a... Read More
Meta Must Face Australian Billionaire Forrest’s U.S. Lawsuit Over Scam Facebook Crypto Ads June 19, 2024 By Jonathan Stempel A U.S. judge rejected Meta Platforms’ bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam... Read More
California to Change Labor Law That Cost Businesses $10 Billion June 19, 2024 By Eliyahu Kamisher and Josh Eidelson California’s largest business and labor groups agreed to change a landmark law that has helped workers sue companies such as... Read More
Dollar Tree Sold Lead-Tainted Applesauce After Recall June 19, 2024 By Anna Edney and Jaewon Kang Dollar Tree Inc. continued to sell children’s applesauce tainted with “extremely high” levels of lead long after the company recalled... Read More
Editor's Picks Experts: Atlantic Hurricane Season Potential on Par with 2005, 1995 June 18, 2024 By Don Jergler Atlantic hurricane risk in the U.S. continues to increase “substantially as oceanic and atmospheric conditions reach a point where tropical... Read More