Insuring your home or other property against major disasters may become more expensive this year as the price insurance companies pay for their own coverage continues to climb. Reinsurers, or the companies that cover policies for insurers, have upped the price they charge insurance companies by as much as 50% …
Read More »A New York appeals court dismissed Ivanka Trump on Tuesday from a wide-ranging fraud lawsuit brought against her father and his company last year by the state’s attorney general. The civil lawsuit, brought by New York Attorney General Letitia James, accused former President Trump of padding his net worth by …
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The death of five people on the Titan sub highlights the surge in what some are calling “extreme tourism,” in which generally well-heeled travelers scale remote mountains, paraglide into canyons, ski down slopes accessible only by helicopter and embark on other exciting — but potentially risky — adventures. This summer, …
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Some lawmakers, human rights activists and members of a group supporting 9/11 families are blasting the PGA Tour for its plan to join forces with Saudi Arabia-backed LIV Golf, accusing the U.S. golfing group of helping the nation “sportswash” its record of human rights abuses. The deal, announced Tuesday, was …
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The owners and operators of six Sonic Drive-In restaurants in northwest Nevada have paid more than $70,000 in civil penalties for allegedly violating federal child labor laws. Federal investigators in the Department of Labor’s Wage and Hour Division determined SDI of Neil LLC, which operates as Sonic Drive-In, committed more …
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What’s the going price for a town full of crumbling buildings and tumbleweeds nestled in the heart of the California desert? Big bucks, it turns out. A mystery buyer on April 17 paid roughly $22.5 million for the property and mining claims of Eagle Mountain, a former iron-mining town, according …
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Vice Media, once a digital video upstart formerly valued at nearly $6 billion, on Monday filed for bankruptcy protection. Vice launched in Montreal, Canada, in 1994 as a free magazine focused on alternative music and culture. Backed by money from other media companies as well as blue-chip Silicon Valley investors, …
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Wall Street investors are already taking evasive action to protect themselves against what would be an unprecedented economic shock: America defaulting on its debt for the first time in modern history. The stock market has moistly remained calm despite the impasse in Washington over raising the debt ceiling — the …
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BMW is warning the owners of about 90,000 older vehicles in the U.S. not to drive them due to an increasing threat that the air bags might explode in a crash. The warning covers vehicles from the 2000 through 2006 that previously had been recalled to replace faulty and dangerous …
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Growth in the U.S. slowed markedly in the first three months of the year, as the effects of high interest rates and lingering inflation took a toll on the economy. The nation’s gross domestic product — the broadest measure of economic output — grew at an annual rate of 1.1%, …
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