Fintech firm EquiLend said on Friday some services, including trading and post-trading solutions, had been restored, more than a week after it suffered an outage due to unauthorized access to its systems. EquiLend, a company at the heart of securities …
Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter 2023, led by an 11% increase in property rates. The Marsh Global Insurance Market Index said it was the 25th …
Boeing Co. found more mistakes with holes drilled in the fuselage of its 737 Max jet, a setback that could further slow deliveries on a critical program already restricted by regulators over quality lapses. The latest manufacturing slip originated with …
Completely driverless vehicles traveled nearly 3.3 million miles in California last year, over five times the previous year’s total, even as concerns rose in the wake of a Cruise robotaxi accident, state data on vehicle testing released on Friday showed. …
The Hollywood Hills and Santa Monica Mountains face life-threatening landslides and flash flooding on Monday as an intense atmospheric river blankets Southern California. “We have an atmospheric firehose pointed right at Southern California,” said Ryan Truchelut, president of commercial forecaster …
There were 692 reported thefts of cargo across the United States and Canada in the third quarter of 2023, a 59% increase when compared to the third quarter of 2022, according to CargoNet. Similar to the second quarter of 2023, …
U.S. safety regulators have upgraded their probe into Tesla TSLA.O vehicles over power steering loss to an engineering analysis – a required step before the agency could demand a potential recall. The National Highway Traffic Safety Administration (NHTSA) on Friday …
California will get more flooding rains starting late Saturday, unfolding into early next week, as another powerful atmospheric river rolls in off the Pacific Ocean. Los Angeles will likely get 5 to 6 inches (12.7 to 15.24 cm) of rain, …
Electric vehicles that typically weigh more than gasoline-powered cars can easily crash through steel highway guardrails that are not designed to withstand the extra force, raising concerns about the nation’s roadside safety system, according to crash test data released Wednesday …
Lex Greensill’s fraud and “conspiracy” with commodities tycoon Sanjeev Gupta should prevent the financier’s collapsed bank from making a $400 million claim, Zurich Insurance Group said in a London lawsuit. Greensill Bank AG’s administrators sued Zurich to recoup losses of …