Peloton Interactive must face a lawsuit claiming it defrauded shareholders by masking excess inventory of its home exercise equipment as the worst of the COVID-19 pandemic passed, a divided federal appeals court ruled on Wednesday. Reversing a lower court ruling, …
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Ford to Recall Hundreds of Thousands of Vehicles Over Instrument Panel, Leak Issues
Ford Motor Company is recalling more than 355,000 trucks in the U.S over a issue with the instrument panel display, the National Highway Traffic Safety Administration said on Aug. 27. The recall affects certain Ford 2025-2026 models – F-550 SD, …
Freight Railroads Fail to Join Federal Safety Program After Ohio Derailment
Two and a half years after a derailed train spewed toxic gases across eastern Ohio, none of the nation’s largest freight railroads have fulfilled promises to join a voluntary federal close call program designed to reduce rail hazards and prevent …
People Moves: AIG Appoints HP’s Hallworth Chief Digital Officer; FM Names Long CIO
American International Group Inc., headquartered in New York City, named Scott Hallworth as chief digital officer, effective September 1. Hallworth will be responsible for leading AIG’s digital, data and GenAI strategy. Based in New York City, he will become a …
20 Years After Katrina, Hurricane Risks to Gulf Coast Rising, Scientist Warns
The Gulf Coast of the United States is increasingly vulnerable to hurricanes, a scientist has warned in a new study, 20 years after Katrina devastated New Orleans and hundreds of miles of coastline. Mark Bove, a meteorologist with the German …
Florida Payroll Ops Head Pleads Guilty in Scheme to Avoid Taxes, Workers’ Comp
The manager of an off-the-books construction-worker payroll operation in Naples, Florida, pleaded guilty last week to a scheme that prosecutors said defrauded the U.S. government of $4 million and swindled insurers out of workers’ compensation premiums. Alexis Garcia, manager of …
TransUnion: Aggressive Shopping Continues for Home, Auto Coverage
More and more consumers are looking for lower prices to protect their investments as the costs of owning both properties and vehicles continue to rise. According to the Q3 2025 Insurance Personal Lines Trends and Perspectives report from TransUnion, customers …
California Bill Would Require Restaurants to Disclose Food Allergens on Menus
Braxton Kimura dreads eating at restaurants. The California teenager is severely allergic to peanuts, shellfish and most tree nuts. Consuming even a tiny amount could send him to the emergency room. “Eating out is definitely really dangerous. It’s something that …
21 Hospitalized After Bus Carrying Junior High Football Team Crashes Near Pittsburgh
A bus carrying a junior high football team to a game crashed Saturday north of Pittsburgh, sending 21 of the 28 people on board to the hospital, officials said. Twenty-five Aliquippa Junior High students and three adults were headed to …
Musk, X Corp to Settle $500M Lawsuit Over Twitter Firings
Elon Musk and his social media company X Corp have reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay. Attorneys for X Corp and the former …