Industry News
A teenager who admitted being “addicted to speed” behind the wheel had totaled two other cars in the year before he slammed into a minivan at 112 mph (180 kph) in a Seattle suburb, killing the driver and three of …
Via: Claims Journal
Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger than they are. In a decision on Monday, U.S. District Judge Roy Altman in Miami found it plausible …
Via: Claims Journal
The outage of key systems occured before flights at the key hub were snarled for days. Following the incident, multiple employees were placed on trauma leave.
Via: Claims Journal
Cyberattacks on Britain’s Marks & Spencer and Co-op Group started with hackers impersonating employees while contacting the retailers’ IT help desks, technology specialist site BleepingComputer reported. The site said the hackers were able to convince the help desks to reset …
Via: Claims Journal
UBS Group AG agreed to pay $511 million to settle a U.S. investigation into how Credit Suisse Group, the Swiss bank it bought, helped rich Americans evade taxes even after pledging to stop the practice a decade ago. A Credit …
Via: Claims Journal
Raytheon Company, RTX Corporation, and Nightwing Group LLC, and Nightwing Intelligence Solutions LLC, have agreed to pay $8.4 million to resolve allegations that Raytheon violated the False Claims Act by failing to comply with cybersecurity requirements in contracts or subcontracts …
Via: Claims Journal
Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s increases seem to have leveled off. For the most part, Wilson explained to analysts during a call to discuss …
Via: Claims Journal
TeleMessage is investigating a potential security incident after a hacker claimed to steal sensitive data from the app, which former National Security Adviser Michael Waltz allegedly used to communicate with other members of the Trump administration. A spokesperson for TeleMessage …
Via: Claims Journal
Rivian said on Monday that it will invest $120 million to bring its key parts suppliers near its plant in Illinois, as the electric vehicle-maker seeks to lower the impact of U.S. President Donald Trump’s tariffs on Mexico and Canada. …
Via: Claims Journal
Nearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to rebuild. In the Pacific Palisades neighborhood, construction workers recently began placing wooden beams to frame a house on a lot …
Via: Claims Journal