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Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC
Appetite from insurance mergers and acquisitions remains, but the industry’s use of artificial intelligence is expected to enter the equation to affect strategies. According to finding from PwC, the insurance sector logged about $29.6 billion in deal value from 191 …
POSTED JUNE 17, 2026 9:03 AM |
DOJ Accuses UC Davis School of Medicine of Racial Discrimination in Admissions
The Justice Department’s Civil Rights Division announced last week that it found the University of California, Davis School of Medicine (Davis Med) discriminates based on race in its admissions process, violating a 2023 U.S. Supreme Court decision. The Justice Department …
POSTED JUNE 17, 2026 9:00 AM |
Drones Banned from Flying Over Dallas Stadium During World Cup Matches
When England takes on Croatia Wednesday in the group stage of the FIFA World Cup, the area surrounding AT&T Stadium in Arlington, Texas will be conspicuously absent of any aircraft. That’s because the Federal Aviation Administration (FAA) has issued a …
POSTED JUNE 17, 2026 7:00 AM |
NTSB: North Dakota Derailment Proves the Need to Replace Flawed Tank Cars
A fiery North Dakota derailment that happened two years ago demonstrated yet again why the National Transportation Safety Board has been urging the rail industry for decades to replace flawed tank cars that tend to rupture in a crash. The …
POSTED JUNE 17, 2026 7:00 AM |
Ohio Lawmakers Pass Bill to Combat Catalytic Converter Thefts
Ohio lawmakers this month passed a bill that aims to protect consumers from catalytic converter theft. House Bill 210 creates more transparent guidelines for businesses, including requiring scrap dealers and other buyers of used catalytic converters to comply with recordkeeping, …
POSTED JUNE 17, 2026 7:00 AM |
Washington Restaurants Ordered to Pay $750K in Back Wages
The U.S. Department of Labor has secured a federal consent judgment requiring four Washington-based restaurants to pay $750,000 in back wages and damages to 42 workers after an investigation uncovered minimum wage and overtime violations of the Fair Labor Standards …
POSTED JUNE 17, 2026 7:00 AM |
Texas Beef Industry Profits Eaten Away by Threat of Screwworm
James Henderson was a teenager in 1971 when he had to treat animals for a type of white maggot that ate livestock from the inside out — the New World screwworm. “It’s a horrible parasite, and it will eat that …
POSTED JUNE 17, 2026 7:00 AM |
Updated: Read 14-Point Draft Memorandum of Understanding Between the US and Iran
The US and Iran are expected to formally sign a memorandum of understanding on June 19 in Switzerland, paving the way for 60 days of talks aimed at ending their war for good and putting strict new limits on Iran’s …
POSTED JUNE 17, 2026 6:07 AM |
Hacking Group Claims Major Hack of Novo Nordisk and Attempted $25M Extortion
A cyber extortion group claimed on Tuesday to have stolen more than a terabyte of data from pharmaceutical giant Novo Nordisk and said it is exploring selling parts of the data after unsuccessfully demanding $25 million from the company. FulcrumSec, …
POSTED JUNE 17, 2026 5:30 AM |
Evergrande Liquidators Seek to Quash Regulator’s PwC HK Deal
China Evergrande’s liquidators have asked a court to void a HK$1 billion ($127.6 million) shareholder compensation deal a regulator struck with PricewaterhouseCoopers’ Hong Kong affiliate. The fund was part of an agreement with Hong Kong’s Securities and Futures Commission in …
POSTED JUNE 17, 2026 5:05 AM |
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