Articles by

Ransomware Gangs’ Merciless Attacks Bleed Small Companies Dry

The black-and-white message flickering across computer screens sparked panic at Knights of Old, a 158-year-old U.K. delivery company: “If you’re reading this, it means the internal infrastructure of your company is fully or partially dead.” Knights’ network for managing trucks …

Insulet Wins $452M Verdict Against EOFlow in Insulin Pump Secrets Case

Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in …

Boeing Plea Deal Over Fatal 737 Crashes Rejected by Judge

A federal judge rejected Boeing Co.’s plea deal that sought to let the planemaker avoid criminal prosecution over to two fatal 737 Max crashes, in a surprise twist that threatens to prolong the company’s recovery from past scandals. U.S. District …

Rocket Sues HUD to Dismiss Home Appraisal Bias Allegations

Rocket Mortgage is pushing back against U.S. accusations that it’s at fault for lowball appraisals by outside firms that allegedly discriminated against a Black borrower, contending that federal law bars lenders from trying to influence the valuations. The nation’s largest …

Raw Milk Recall in California Expands After Tests Detect More Bird Flu Virus

A California farm expanded a recall of raw milk sold in stores and halted production after state health and agriculture officials found bird flu virus in more milk samples. Raw Farm, of Fresno, voluntarily recalled all whole milk and cream …

Strong Northern California Quake Triggered Brief Tsunami Warning

A magnitude-7.0 earthquake off the coast of Northern California triggered a brief tsunami warning across a swath of the U.S. West Coast. The tsunami threat was declared over less than an hour later even as the area experienced multiple aftershocks. …

Swiss Re: Hurricanes, Severe Thunderstorms and Floods Put Insured Losses Over $100B Again

Insured losses from natural catastrophes are on track to exceed $135 billion in 2024, with at least two-thirds of this year’s insured losses attributable to the U.S., according to Swiss Re. It’s the fifth straight year natural catastrophe-driven insured losses …

EVs, Plug-In Hybrids’ Reliability Concerns Ease But Still Lag Gas-Powered Peers, Survey Shows

Electric vehicles and plug-in hybrids are seeing concerns over their reliability easing but they still lag gas-powered vehicles, a survey by an influential U.S. non-profit organization showed on Thursday. EVs now have 42% more problems than their gas-powered counterparts, down …

Alabama Singer/Public Adjuster Ordered to Wear Ankle Monitor, Stay Home

Austin Tanner, a claims adjuster and aspiring country singer from Alabama, has been confined mostly to his home and must wear an ankle monitor after he violated the terms of his bail bond and traveled to the Country Music Awards …

Chinese Hackers Breached Eight US Telecom Providers, White House Says

Chinese hackers compromised eight American telecommunications companies as part of a wide-ranging espionage effort to gather intelligence about prominent US citizens, Biden administration officials said Wednesday. Anne Neuberger, deputy assistant to the president and deputy national security advisor for cyber …