Insurance
Meta, States Have Discussed Settling Teen Social Media Case
Meta Platforms Inc. and state attorneys general have discussed a possible mid-trial settlement of a blockbuster case accusing the company of deliberately designing Facebook and Instagram to addict teens, people familiar with the matter said. The trial, now in its …
Read More Freestone Acquires Illinois-Based 360 Benefits
Freestone Insurance Group, a Shore Capital Partners portfolio company, has acquired 360 Benefits, an employee benefits focused brokerage based in Chicago. 360 serves privately held, middle-market employers across a broad range of industries, delivering high-touch consultative benefits and risk management …
Read More SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push
SpaceX plans to build a new $100 billion launch site for its Starship rocket on the southern coast of Louisiana, enabling the company to expand operations of the behemoth vehicle that’s critical to its future. Louisiana Governor Jeff Landry and …
Read More Produce Supplier Taylor Farms Frequently Fails to Submit Annual Injury Reports: Reuters
Taylor Farms, the produce company at the center of a U.S. cyclospora outbreak, frequently failed to submit federally required workplace injury logs in recent years, including for at least four facilities where workers suffered fatal or otherwise serious injuries, a …
Read More Boston Scientific Hit by Cyberattack, Global Operations Affected
Boston Scientific said on Wednesday that a cybersecurity incident had disrupted global operations, including some information systems used to process and ship customer orders. The medical device maker said it detected the incident on Aug. 25 and had activated incident-response …
Read More Ex-Meta Staffer Says 99% of Teens Shunned Early Safety Tool
A former data scientist at Meta Platforms Inc. testified that less than 1% of teenagers were early adopters of a feature designed to get them to take a break from scrolling on Instagram. George Volichenko — who worked on the …
Read More Legal & General Says Meta Isn’t Doing Enough to Keep AI Clean
As the world’s hyperscalers throw vast sums of money into the infrastructure needed for AI, some of their investors are voicing concerns over the potential environmental sacrifices being made in the process. The asset-management unit of Legal & General Group …
Read More Iran, Oman Push Talks for ‘Interim’ Reopening of Hormuz
Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, according to a joint statement carried by the Oman News Agency, as the two sides press …
Read More Russia’s Escalating Hybrid Attacks Put Europeans in a Bind
Russia is expanding its campaign of hybrid attacks against countries that supply weapons and money to Kyiv and has caught Europe without a plan to respond. From cyber attacks to armed drones and mysterious cases of arson, tensions are rising …
Read More World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’
In the opening scene of American writer Kim Stanley Robinson’s “The Ministry for the Future,” a heat wave combined with a breakdown of the electrical grid in India kills 20 million people. The devastation causes the world’s nations to unite …
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