National News

U.S. Judge Says X Must Face Class Action Age Bias Claims Over Mass Layoff

A federal judge in San Francisco has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination as a class, exposing the company to …

SEC’s WhatsApp Probe Expands as Moody’s, S&P Hit With Fines

Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating companies failed to keep proper electronic communications — the latest fallout from US regulators’ so-called WhatsApp investigations. The Securities and …

U.S. Agency Reports 28th Takata Air Bag Inflator Death Since 2009

The National Highway Traffic Safety Administration said on Tuesday it had confirmed the 28th death in the United States stemming from a defective Takata air bag inflator since 2009. The issue has prompted the largest-ever recall in U.S. history. Over …

Atlantic May See Its Next Storm Within a Week: Weather Watch

The Atlantic hurricane season continues to roll through its traditionally most active time of year without a storm, however there is a growing chance that may change soon. Two systems — one in the Caribbean and the other near Cabo …

Global Ransomware Attacks Spiked Along with Payments and Demands in Q2: Corvus

Ransomware groups increased their activity significantly in the second quarter, new report from a Travelers subsidiary shows. The report from Corvus Insurance details attacks against 1,248 victims, a 16% increase from the previous quarter. The company’s Q2 2024 Cyber Threat …

HP to Continue $4 Billion Damages Case Against Mike Lynch

Hewlett Packard said it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch’s estate in the UK. The U.S. company had been seeking compensation over its acquisition of British tech firm Autonomy …

Judge Agrees to Ask State Supreme Court About Barriers to $4B Hawaii Wildfire Settlement

The Hawaii Supreme Court will be asked to weigh in on an issue that threatens to thwart a $4 billion settlement in last year’s devastating Maui wildfires. Judge Peter Cahill on Maui agreed to ask the state high court questions …

J.D. Power: Small Businesses Eye Insurance Provider Trust, Loyalty and Brand Advocacy

Trust impacts customer satisfaction, loyalty and brand advocacy more than other factors when small businesses choose a commercial insurance provider, a new survey shows. A J.D. Power 2024 U.S. Small Commercial Insurance Study showed that among small businesses with the …

Halliburton Sees Unlikely Material Impact From Cyberattack

Halliburton Co., the world’s largest provider of fracking services, said a recent cybersecurity attack that’s disrupted its business is unlikely to materially impact its finances or operations. The Houston-based company continues to evaluate the nature and scope of the breach …

Sedgwick: U.S. Product Recalls Dropped in Q2 in 5 Key Industries

Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, a new report shows. A report from Sedgwick shows the 788 recalls across those industries represent a …

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