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A former director at a US military contractor that sells computer vulnerabilities pleaded guilty on Wednesday to stealing and reselling $35 million in trade secrets to a Russian cyber-tools broker whose clients include the Russian government. Peter Williams, 39, worked …

Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate on a new commercial music creation and streaming service. Udio will launch the new platform next year, powered by AI …

Five more people have been arrested in the Louvre heist case, the Paris prosecutor said Thursday, after two alleged members of the group that stole jewels from the museum were charged. Authorities linked one of the new individuals detained to …

After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth. Asked whether carriers are beginning to restrict coverage, panelists at Zywave’s Cyber Risk Insights conference in New York this week said there are …

The California Attorney General filed felony charges against eight people in connection with the theft of 19 vehicles throughout the U.S. with a combined value of more than $800,000. The complaint, filed in Alameda County Superior Court by Attorney General …

Boston city councilors are proposing an ordinance that would require Alphabet Inc.’s Waymo and other autonomous ride-share services to have a human operator present in the vehicle. The legislation would mandate a study on the technology’s effects on the employment …

Five current and former New York State Department of Corrections and Community Supervision (DOCCS) employees were arrested this week for separate schemes to defraud DOCCS and the state’s workers’ compensation system, resulting in a loss of more than $15,000 to …

Washington insurance regulator fines for violations amounted to $828,500 in July, August, September, and early October of 2025, according to the office of Washington Insurance Commissioner Patty Kuderer. That tally included a $100,000 fine for Regence BlueShield, which reportedly incorrectly …

A U.S. court reinstated a $185 million verdict against Bayer’s Monsanto unit over chemical contamination at a Washington state school on Thursday. The Washington state Supreme Court reversed a lower court ruling that had vacated the verdict in a 2021 …

General Motors GM.N said on Wednesday it will cut U.S. electric vehicle and battery production and 1,200 factory jobs at its EV plant in Detroit along with 550 jobs at an Ohio battery plant as the automaker responds to a …

WTW reported third quarter revenue of $2.29 billion, flat with $2.29 billion for Q3 2024, which the broker attributed to the sale of its direct-to-consumer insurance distribution business, TRANZACT. WTW reported organic growth of 5% for the quarter, compared with …

The state of Michigan has acquired a life ring that washed ashore 50 years ago from the Edmund Fitzgerald, a rare artifact that strangely became part of a settlement in a lawsuit that had nothing to do with the famous …

Texas is backing a proposed Permian Basin power plant fueled by natural gas with a $1.1 billion low-interest loan, the largest such project under a state program aimed to shore up supplies after widespread blackouts in 2021. Competitive Power Ventures …

Days after thieves took just minutes to steal eight pieces of the French crown jewels from the Louvre, a former bank robber says he warned a museum official of glaring weaknesses — including jewel cases by streetside windows that were …

Third quarter net income for The Hanover Insurance Group grew to $178.7 million compared to $102.1 million during the same period a year ago. The Worcester, Massachusetts-based insurer’s Q3 combined ratio improved to 91.1 from 95.5 a year ago during …

NFP, an Aon company headquartered in New York City, appointed Andrew Keefe as senior vice president, Northeast broking leader. Based in Albany, New York, Keefe has nearly two decades of experience in the commercial insurance industry. He has been with …

Two decades after a Republican-controlled Congress gave gun manufacturers immunity from being sued over crimes committed with their firearms, blue state Democrats upset about gun violence think they’ve found a way to penetrate that legal shield. Since 2021, 10 states …

The FBI last month searched the offices of a California real estate investment firm Continuum Analytics, which is linked to bad loans recently disclosed by Zions and Western Alliance, according to legal correspondence seen by Reuters. Continuum Analytics is an …

A federal judge in Mississippi has admitted that his staff used artificial intelligence to draft a flawed court order, after months of speculation and an inquiry from a U.S. senator. U.S. District Judge Henry T. Wingate sent a letter on …

Convex Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new, long-term ownership structure led by private equity firm Onex Corp., with American International Group becoming a minority equity investor. Onex will acquire a 63% equity stake in Convex …