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Houthis to Impose ‘Complete Ban’ on Israeli Ships in Red Sea
The Houthis, an Iran-backed militant group that controls much of Yemen, declared a ban on Israeli ships in the Red Sea, threatening a key bypass route to the Strait of Hormuz. “We declare a complete and total ban on Israeli …
POSTED JUNE 08, 2026 11:04 AM |
Iran and Israel Trade Missile Attacks, Straining Peace Talks
Israel and Iran exchanged missile strikes on Monday despite President Donald Trump’s calls for both sides to stop fighting and give peace talks a chance. Iran launched a fresh wave of attacks just hours after firing ballistic missiles at Israel …
POSTED JUNE 08, 2026 10:26 AM |
Merck to Settle Bulk of Gardasil Suits for About $50 Million
Merck & Co. says it will settle a spate of lawsuits that blame the drugmaker’s blockbuster Gardasil cancer vaccine for causing autoimmune ailments that affect young women’s hearts and reproductive systems for an amount that is “not material” to the …
POSTED JUNE 08, 2026 5:25 AM |
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk
When Mitesh Parikh, a headhunter at UK recruiter Selby Jennings, started looking for an ILS modeler for a large US hedge fund this year, the pool of qualified candidates was disconcertingly small. “It was a tough search,” says Parikh, who …
POSTED JUNE 08, 2026 5:06 AM |
Paramount to Face Legal Challenge From States on Warner Deal
The top lawyers for several states are drafting a legal challenge to Paramount Skydance Corp.’s $110 billion deal to buy Warner Bros. Discovery Inc., laying the groundwork for an antitrust suit over the Hollywood mega-deal. After investigating for months whether …
POSTED JUNE 08, 2026 5:04 AM |
Atlanta-Area Insurance Agent Charged With Taking Premiums, Giving Fake COIs
A longtime Atlanta-area insurance agent has been indicted and arrested after allegedly keeping premium payments and issuing fake certificates of insurance. Charles Curtis Poteet IV, of Duluth, Georgia, was indicted in late May by a Gwinnett County grand jury, and …
POSTED JUNE 08, 2026 5:02 AM |
California Mortgage Servicer Settles for $4.6M Over Pandemic Foreclosure Violations
A California mortgage servicer is paying $4.6 million to settle allegations it violated mortgage servicing and debt collection laws during the pandemic. The settlement between Select Portfolio Servicing, a large sub-prime mortgage servicer, and California Attorney General Rob Bonta, includes …
POSTED JUNE 08, 2026 5:00 AM |
Karen Read Sues Police Agencies That Investigated Her Boyfriend’s Death
Karen Read has filed a lawsuit against the Massachusetts State Police and the town of Canton, alleging misconduct and negligence in the investigation that led to her prosecution in the death of her Boston police officer boyfriend. The lawsuit filed …
POSTED JUNE 08, 2026 5:00 AM |
Texas Children’s Hospital to Pay $10M as Part of Detransition Settlement
Texas Children’s Hospital in Houston has to create a detransition clinic for transgender patients later this year and keep a list of “potential” gender affirming care patients, according to new details released Monday by the Texas Attorney General’s Office. According …
POSTED JUNE 05, 2026 4:23 PM |
Tech Update: WTW Launches Transformation Solution to Focus AI Implementation
Insurance broker WTW announced the launch of its AI Workforce Transformation solution which helps companies focus AI where it is expected to deliver productivity and growth gains through redesigned work, jobs and strong employee adoption. Addressing the imperative facing CEOs …
POSTED JUNE 05, 2026 4:16 PM |
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