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Hormuz Ship Traffic Grinds to Near Halt After US, Iran Strikes
Traffic through the Strait of Hormuz came to a near standstill on Thursday, after the US struck Iran for a second straight day as a fragile truce between the two sides looked increasingly shaky. Observable movements in the world’s most …
POSTED JULY 09, 2026 7:58 AM |
UK Water Regulator Finds Severn Trent Breached Wastewater Duties
UK water regulator Ofwat found that Severn Trent Plc had “serious failings” in how it deals with wastewater and sewage as part of a broad investigation into practices of utilities in the sector. Ofwat didn’t impose a fine on Severn …
POSTED JULY 09, 2026 5:30 AM |
Deere Settles Lawsuit by FTC, States Over Equipment Repair Restrictions
Deere agreed on July 8 to settle a lawsuit by the Federal Trade Commission and five U.S. states accusing the farm equipment maker of illegally requiring farmers to use its network of authorized dealers for repairs, rather than use independent …
POSTED JULY 09, 2026 5:15 AM |
Coffee Trader Seeks to Shield More Vietnam Growers With its Specialty Weather Cover
Major coffee trader ECOM Agroindustrial Corp. is pushing for a fivefold increase in the number of growers covered by its specialty weather insurance in Vietnam, where the industry depends on thousands of smallholder farmers increasingly exposed to climate risk. The …
POSTED JULY 09, 2026 5:05 AM |
InsuranceDekho Said to Pick Banks for $400 Million India IPO
Indian insurance aggregator InsuranceDekho’s parent has selected HSBC Holdings Plc, Morgan Stanley, ICICI Securities Ltd. and IIFL Capital Services Ltd. as advisers to a potential initial public offering, according to people familiar with the matter. The offer from Girnar Insurance …
POSTED JULY 09, 2026 5:05 AM |
UPS Never Required Detailed Inspection of Part That Failed in Louisville Crash
UPS never required the detailed inspections needed to spot the problem that led to an engine to fly off one of its planes before it crashed even after Boeing recommended it years earlier, according to new documents posted Wednesday by …
POSTED JULY 09, 2026 5:04 AM |
Companies Must Address Self-Driving Car Interference With Emergency Vehicles
The head of the U.S. National Highway Traffic Safety Administration said July 8 that self-driving car companies must quickly address a “clear pattern” of driverless vehicles interfering with law enforcement and other first responders. Jonathan Morrison, who heads the U.S. …
POSTED JULY 09, 2026 5:04 AM |
Command Investigations Acquires CoventBridge Insurance Division
Two Florida-based heavyweights in insurance investigations have merged part of their operations, creating what they say is now the largest insurance fraud investigation firm in the country. Command Investigations, based in Lake Mary, Florida, with 900 investigators across all U.S. …
POSTED JULY 09, 2026 5:02 AM |
Workers at Kentucky Candle Plant Not Limited to Comp Claims, Appellate Court Finds
Employees who were killed and injured when a powerful tornado struck a Kentucky candle factory in 2021 are not necessarily limited to the workers’ compensation exclusive remedy, a Kentucky appeals court said in a decision that could have far-reaching impact …
POSTED JULY 09, 2026 5:02 AM |
NYC Orders Pause of Construction on Damaged Midtown Office Tower
New York City building regulators said the conversion of a Midtown Manhattan office tower into residences must be paused while officials investigate what caused columns inside the building to fail, leading to a massive emergency response that briefly shut down …
POSTED JULY 09, 2026 5:00 AM |
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