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Captain Pleads Guilty in Boat Crash That Killed 3 Girls from Miami Sailing Camp
A tugboat captain has pleaded guilty to causing a deadly Miami collision that killed three girls from a sailing camp last summer. Yusiel Lopez Insua, 47, of Miami, pleaded guilty on Tuesday to seaman’s manslaughter, according to court records. The …
POSTED JULY 28, 2026 2:55 PM |
Trump’s Diversity Crackdown Reverberates Through US Boardrooms
As U.S. President Donald Trump intensifies his campaign against diversity programs, appointments of women and racial minorities to S&P 500 boards have dropped to their lowest level in more than a decade, threatening to unwind years of gains in corporate …
POSTED JULY 28, 2026 2:51 PM |
Edison Rejects Blame for LA Fire Tied to Tower Idle Since 1971
Edison International’s Southern California utility is urging a Los Angeles judge not to find the company liable for property damages from a 2025 Los Angeles wildfire that destroyed more than 9,400 buildings. Southern California Edison argued in a court filing …
POSTED JULY 28, 2026 2:45 PM |
OpenAI Plans to Spend Over $30 Billion on Georgia Data Center
OpenAI plans to spend tens of billions of dollars on a massive new data center near Savannah, Georgia as part of the ChatGPT maker’s push to keep up with surging demand for artificial intelligence software. The startup has contracted with …
POSTED JULY 28, 2026 2:41 PM |
Fitch Warns AI Market Correction Emerging as Major Global Credit Risk
The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to growing concerns that soaring tech valuations and unprecedented AI spending may be running ahead of uncertain future …
POSTED JULY 28, 2026 2:38 PM |
Can Captive’s Hands-On Vetting of Bars Provide Answer to SC Liquor Liability Crisis?
For almost eight years now, South Carolina bars, restaurants and music venues have faced a sobering situation brought on by a 2018 state law that requires at least $1 million in liquor liability coverage: Pay unaffordable premiums or shut their …
POSTED JULY 28, 2026 2:34 PM |
As US Residential Solar Industry Craters, Florida Bucks Trend
While the residential solar market is collapsing nationwide after President Donald Trump ended a popular tax credit in December, one state is proving to be a surprising exception: Florida. A big reason why is a sweeping permitting law that took …
POSTED JULY 28, 2026 2:30 PM |
Formula 1 Parent Reaches $3M Settlement in Las Vegas Grand Prix Tickets Suit
Formula 1 parent company Liberty Media, which also promotes the Las Vegas Grand Prix, has agreed to a settlement of about $3 million to end a class-action lawsuit brought by spectators regarding the inaugural 2023 race. The opening-night practice session …
POSTED JULY 28, 2026 1:56 PM |
AM Best Calls $1.54 Billion Mapfre-Safety Marriage ‘Strategically Compelling’
Ratings analysts at AM Best see the pending acquisition of Safety Insurance Group by Mapfre as “strategically compelling” as the carriers have complementary geographic and product profiles. Last week Safety, a property/casualty insurer in Massachusetts and New England, announced it …
POSTED JULY 28, 2026 1:34 PM |
Powerful Quake Hits Southern Japan, Workers Missing After Shopping Mall Blast
A 7.1-magnitude earthquake hit Japan’s southern Kumamoto prefecture on Tuesday, knocking out power to thousands of homes, rupturing roads and leaving some trapped and others presumed dead inside a partially collapsed shopping mall. Speaking to reporters from her office in …
POSTED JULY 28, 2026 1:15 PM |
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