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UK Court Refuses Permission to Appeal in Diesel Emissions Lawsuits Against Carmakers
London’s High Court on Thursday refused claimants permission to appeal against its July decision which broadly found in favor of some of the world’s biggest carmakers over diesel emissions. But lawyers representing around 1.6 million claimants said they would apply …
POSTED OCTOBER 09, 2026 1:23 PM |
AI Pricing Lawsuit Against McDonald’s Raises New Antitrust Questions
A federal antitrust lawsuit against McDonald’s this week claims the fast-food giant is using AI-powered tools to fix menu prices, marking the latest case to allege companies are relying on new technologies to collude and harm consumers. Plaintiffs have sued …
POSTED OCTOBER 09, 2026 1:05 PM |
South Korea, Japan Buffeted by Hacks as AI Lowers Bar for Cybercriminals
South Korean and Japanese companies are racing to strengthen cyber defenses after a wave of attacks that cybersecurity experts say are highlighting how AI may be lowering the bar for criminals with limited technical skills. Nine South Korean banks and …
POSTED OCTOBER 09, 2026 1:02 PM |
India Insurance Regulator Eyes 2027 Start for Commission Caps
India’s insurance regulator may implement sweeping distribution reforms as early as January, pushing ahead with an overhaul that has battered shares of insurers and brokers. The effective dates under consideration are Jan. 1 and April 1, Girija Subramanian, an executive …
POSTED OCTOBER 09, 2026 12:16 PM |
Executives Take Pay Cuts Over Staff Misconduct at Prudential Japan
Top executives at Prudential Financial Inc.’s Japan unit will take pay cuts after a panel of outside experts issued a report on widespread employee misconduct involving customers’ money. President Hiromitsu Tokumaru and two others will take a 30% reduction in …
POSTED OCTOBER 09, 2026 11:48 AM |
People Moves: Selective Insurance Names Kalia Chief Investment Officer
Selective Insurance Group Inc., headquartered in Short Hills, New Jersey, appointed Vaibhav (Vaib) Kalia as executive vice president and chief investment officer. Kalia has served as interim chief investment officer since June. In this role, Kalia oversees Selective’s investment portfolio …
POSTED OCTOBER 09, 2026 10:00 AM |
A Timeline of Developments in AI Safety Since the Attack on Hugging Face
In one alarming announcement after another, artificial intelligence companies in recent months have shared examples of their technology acting in ways that appeared to evade instructions from humans. The episodes have highlighted the vulnerabilities in AI security and raised questions …
POSTED OCTOBER 09, 2026 5:36 AM |
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says
The head of market strategy at a London investment bank has a stark warning for investors: the artificial-intelligence trade may soon be over in what could trigger the most severe market crash since the global financial crisis. Equities have powered …
POSTED OCTOBER 09, 2026 5:05 AM |
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments
A roofing contractor in Florida buys a general liability policy. Between him and the capital that stands behind the policy sits a supply chain: a retail agent, a wholesale broker, an underwriter, a licensed carrier, a reinsurance panel and, increasingly, …
POSTED OCTOBER 09, 2026 5:05 AM |
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules
Authorities are cracking down on the latest teenage craze wreaking havoc in communities across the US: e-bikes. Police were called when dozens of e-bikes and e-motos swarmed the streets of Bend, Oregon, on a recent afternoon. In Orange County, California, …
POSTED OCTOBER 09, 2026 5:04 AM |
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