After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase in extreme weather — 2024 marked the ninth straight season in which the Atlantic basin suffered above-average storm activity — …
Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety, Deutsche Bank said in a note after a meeting with the company’s head of investor relations. The electric vehicle maker still is …
States such as California are certainly experiencing a more ferocious wildfire season this year than a relatively quiet 2023. Combined CAL FIRE and U.S. Forest Service figures record over 1 million acres burnt in California this year, way above the …
Long-range meteorologists are forecasting a temperature roller coaster through December after a cold start to the month in the Eastern U.S. December started with an Arctic blast that brought cold air to much of east, leaving much of the West …
The parents of a 14-year-old Missouri boy who fell to his death from an Orlando amusement park ride in 2022 have won a $310 million verdict against the attraction’s Austrian builder. Late Thursday, the Orange County jury ordered that the …
The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released a software update. Earlier …
This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for the first time. The average global temperature reached 1.62C above pre-industrial levels in November, according to the EU-funded Copernicus Climate …
Jane Street Group and Millennium Management agreed to settle a lawsuit over the alleged theft of a secret billion-dollar India options trading strategy, effectively ending a court battle that captivated Wall Street. In a filing Thursday in Manhattan federal court, …
Patent litigation funders say multiple factors that inform their decision on whether to invest in a particular patent lawsuit, according to a new study by the Government Accountability Office. The GAO was asked to review recent developments in third-party funding …
A large number of Americans’ metadata has been stolen in the sweeping cyberespionage campaign carried out by a Chinese hacking group dubbed “Salt Typhoon,” a senior U.S. official told journalists on Wednesday. The official declined to provide specific figures but …