The U.S. auto safety regulator said on Monday it had initiated a recall query into about 112,567 Ford SUVs over an issue with seat belt retractors. The National Highway Traffic Safety Administration said it had received three complaints, alleging an …
Porsche Auto Insurance launched a new unlimited policy for owners of Porsche automobiles who drive more than 10,000 miles per year. The product is indended to complement to the original pay-per-mile policy offered by Porsche Auto Insurance by providing customers …
Gallagher Bassett named Irina Simpson executive vice presidents of workers’ compensation and Ajay Sinha was named managing director of captives. Simpson was previously chief claims officer and senior vice president at PMA companies. Sinha, who has been with Gallagher Bassett …
General Motors’ self-driving car unit, Cruise, admitted to submitting a false report to influence a federal investigation and will pay a $500,000 criminal fine as part of a deferred prosecution agreement, the Justice Department said. The department said Cruise failed …
Elon Musk is ramping up his feud with Sam Altman, alleging in a court filing that OpenAI is trying to corner the market for generative artificial intelligence and sacrificing safety in a race to get ahead. In a revised version …
Major League Baseball’s players union settled a lawsuit that accused sports betting giant FanDuel of using the names and likenesses of hundreds of MLB players on its betting platform without permission. A FanDuel spokesperson said on Friday that the company …
When Hurricane Beryl was rushing across the Atlantic basin in July, the weather forecasting tool made by Google Deepmind, the tech company’s artificial intelligence unit, saw something other models missed. Deepmind’s AI-driven program, called GraphCast, forecast the storm would take …
Bristol Myers Squibb was hit on Thursday with a $6.7 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for three drugs, 1-1/2 months after a federal judge abruptly dismissed an earlier version of the case. The …
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the U.S. tech giant’s first ever penalty for E.U. antitrust violations. In a groundbreaking …
A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is unenforceable in New Hampshire because it restricts the insureds’ right to obtain the same benefits they would have received if …