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UK Investors Sue Binance in London for £150 Million
Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorization. The claimants, some of whom said they had …
POSTED JULY 01, 2026 10:19 AM |
Climate Change Keeps Adding to List of Uninsurable Assets, Allianz Executive Says
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as …
POSTED JULY 01, 2026 9:47 AM |
People Moves: Gerger Named CEO of Big I Illinois
The board of directors of Big I Illinois named Brett Gerger CEO, effective July 1. Gerger, who has served as director of education and agency resources with Big I Illinois since 2019, succeeds Phil Lackman, who is retiring after 31 …
POSTED JULY 01, 2026 5:49 AM |
Ford’s AI Hiccups Lead Carmaker to Rehire ‘Gray Beard’ Engineers
Ford Motor Co. took an unusually human approach to fixing its stubborn quality problems: It brought back what it calls “gray beard” engineers to help train younger staff and to reprogram the artificial intelligence tools that weren’t getting the job …
POSTED JULY 01, 2026 5:27 AM |
CIA Aims to Speed Up Tech Adoption as AI Is ‘Rewriting’ Conflict
CIA Director John Ratcliffe vowed to step up the agency’s efforts to deploy artificial intelligence and quantum computing, stressing that rapid developments in emerging technologies are changing the nature of geopolitics. In rare public remarks on Tuesday, Ratcliffe promised to …
POSTED JULY 01, 2026 5:04 AM |
The Lull Before the Storms: Businesses Should Test Hurricane Plans, Panel Says
The 2026 hurricane season may turn out to be a quiet one, as predicted by long-range forecasts this year. But that only means that businesses should have more time to review and rehearse their emergency plans before the next storm …
POSTED JULY 01, 2026 5:02 AM |
Salvation Army Faces Lawsuit Alleging Discrimination Against Employee With Cancer
The Salvation Army, headquartered in Virginia with a facility in Lynchburg, violated federal law when it discriminated against an employee with cancer by denying her a reasonable accommodation to seek treatment and causing her to resign, according to a lawsuit …
POSTED JULY 01, 2026 5:00 AM |
Airbnb Must Face LA Lawsuit Alleging Price Gouging During 2025 Wildfires
Airbnb must face a lawsuit by the city of Los Angeles, which accused the home rental company of price gouging during the January 2025 wildfires in southern California, City Attorney Hydee Feldstein Soto said on Tuesday. Judge Robert Broadbelt of …
POSTED JULY 01, 2026 5:00 AM |
World Insurance Acquires Clarke Agency of New Jersey
World Insurance Associates LLC reports that it acquired the business of Clarke Insurance Inc. of Mount Holly, New. Jersey on March 1, 2026. Clarke Insurance was founded in 1979. The agency provides auto, home, business and employee benefits insurance throughout …
POSTED JULY 01, 2026 5:00 AM |
California Government Launches AI Job Loss Tracker as Layoff Fears Grow
California launched a tool designed to serve as an “early warning system” for widespread AI-driven job loss. The tool, called the California AI-Unemployment Tracker, links multiple measures of an occupation’s AI exposure to the state’s monthly unemployment insurance claims data …
POSTED JULY 01, 2026 5:00 AM |
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