National News

U.S. State AGs Seek Triple Damages Against Live Nation for Concertgoers

Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in …

Texas Grid Faces Biggest Test of Summer With Extreme Heat

Texas is facing its biggest test of the summer this week to keep the power on — and air conditioners running — as temperatures hit triple digits and push electricity consumption to all-time highs. Power use on the state grid …

Disney Argues Wrongful Death Suit Should Be Tossed Because Plaintiff Signed Up For a Disney+ Trial

Does signing up for Disney’s popular streaming service mean you have agreed to never sue the entertainment giant over anything forever? That is what Disney argues in a wrongful death lawsuit involving a 42-year-old New York doctor whose family claims …

U.S. Lawmakers Urge Probe of WiFi Router Maker TP-Link Over Fears of Chinese Cyber Attacks

Two U.S. lawmakers want the Biden administration to probe China’s TP-Link Technology Co and its affiliates for potential national security risks from their widely used WiFi routers over fears they could be used in cyber attacks against the U.S. Republican …

Hidden Report Reveals Worker Illnesses From Ohio Derailment Cleanup

The creeks around East Palestine, Ohio, were so badly contaminated by last year’s disastrous Norfolk Southern derailment that some workers became sick during the cleanup. Workers who reported headaches and nausea — while shooting compressed air into the creek bed, …

BMW, Venture to Recall 1.36M Cars in China Due to Airbag Risks, Regulator Says

German automaker BMW and its joint venture will recall a combined 1.36 million locally produced and imported cars in China due to potential risks with the Takata airbag, China’s market regulator said on Friday. The recalls, effective immediately, are for …

The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows

A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be skewed against some issuers. Catastrophe bonds, which are issued by insurers, reinsurers and governments seeking an extra layer of disaster …

Attorneys General Get $4.5M from Biotech Company for Breach That Exposed Health Info on Millions

New York Attorney General Letitia James and the attorneys general of Connecticut and New Jersey secured $4.5 million from Enzo Biochem Inc. for failing to safeguard the personal and private health information of its patients. Enzo is a biotechnology company …

Verisk: Reconstruction Costs in U.S. Rose 5.2% from Last Year

Total reconstruction costs in the U.S. rose by 5.2% from July 2023 to July 2024. That’s a large increase from the cost growth from July 2022 to July 2023 (4.0%) and over the cost growth in the second quarter (1.6%), …

Sedgwick Promotes Adcock to Global Practice Leader for Marine Business

Sedgwick named Ronnie Adcock global practice leader for the marine business. Adcock was previously senior vice president of Sedgwick’s U.S. marine operations, a team he has overseen for more than 20 years. He has been with Sedgwick more than 25 …

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