Texas Industrial Facility Faces $3.5M in Fines for Safety Violations
The U.S. Department of Labor has proposed more than $3.5 million in fines against three companies after federal inspectors determined they failed to protect workers during post-emergency response cleanup after a chemical spill at the BWC Terminals industrial facility east …
POSTED JUNE 29, 2026 4:13 PM |
Michigan Communities Fight to Address Lead in Drinking Water
Twenty-five Metro Detroit communities exceeded Michigan’s lead action level for drinking water since 2018, according to state compliance data analyzed by a drinking water engineer and reviewed by Planet Detroit. The communities all receive water treated by the Great Lakes …
POSTED JUNE 29, 2026 4:10 PM |
People Moves: Intact Insurance Names Meleniclis as CTO
Intact Insurance announced the appointment of Rory Meleniclis as Chief Information Officer. In this role, he will lead the next phase of the company’s technology evolution across its global specialty lines business, with a focus on strengthening core systems, advancing …
POSTED JUNE 29, 2026 4:02 PM |
Neptune Doubles Flood Policy Limits to $15 Million
Neptune Insurance, one of the largest private flood insurance providers, has doubled its policy limits on most types of coverage, including limits of up to $15 million on commercial and residential structures, the company announced. “Property values have continued to …
POSTED JUNE 29, 2026 2:25 PM |
Supreme Court Rejects Bid to Review SEC’s Rescinded ‘Gag Rule’
The US Supreme Court refused to review the constitutionality of a now-rescinded Securities and Exchange Commission policy that forced people and companies settling enforcement cases to never publicly criticize or contest the Wall Street watchdog’s claims. The justices without comment …
POSTED JUNE 29, 2026 2:22 PM |
Italy’s Former Railways Chief Starts 5-Year Jail Term for 2009 Disaster
The 72-year-old former head of Italy’s state railway company has begun a five-year jail term over a 2009 derailment that killed 32 people, in a case highlighting the issue of management liability and the snail’s pace of Italian justice. Mauro …
POSTED JUNE 29, 2026 2:05 PM |
Four Dead in Kentucky Amid Flooding Caused by Heavy Rains
Four people have died due to flooding from thunderstorms in Kentucky, Gov. Andy Beshear said Saturday, and he declared a state of emergency with additional rainfall expected. Flash flood warnings were in effect Saturday for parts of Kentucky and Indiana …
POSTED JUNE 29, 2026 1:43 PM |
Stalled US Permits Threaten $121 Billion in Wind and Solar Investment, Report Shows
Trump administration policies that have stalled permits for renewable energy projects are putting more than $121 billion of investment at risk and slowing development of wind, solar and storage capacity needed to meet rising power demand, according to a report …
POSTED JUNE 29, 2026 1:42 PM |
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO
Private equity-backed insurance broker Hub International announced on Friday that it has confidentially filed for an initial public offering in the United States. The Chicago-based company was valued at $29 billion in its last funding round in 2025, led by …
POSTED JUNE 29, 2026 11:51 AM |
Hormuz Traffic Drops Off as Vessel Attacks Raise Fresh Concerns
Commercial traffic through the Strait of Hormuz persisted at a reduced level after attacks on two ships raised fresh concerns about the ability and willingness of shipowners to traverse the waterway. A handful of vessels made open transits over the …
POSTED JUNE 29, 2026 9:46 AM |
Update: Temperature Records Fall as Extreme Heat Hits Eastern Europe
The deadly heat wave that’s set temperature records across western Europe for more than a week has shifted east to scorch Hungary, Romania and the Balkans. Budapest is expected to top 40C (104F) on Tuesday, according to models from the …
POSTED JUNE 29, 2026 8:55 AM |
Debt, AI Boom and Financial Fragilities Raise Global Risks, BIS Says
Global pressures from rising public debt to financial fragilities and the sustainability of the AI boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank for International Settlements. The central bank umbrella group’s Annual Economic Report …
POSTED JUNE 29, 2026 8:11 AM |
Business Moves: The Doctors Co. Completes Buy of ProAssurance
The Doctors Company said on June 26 that it completed the acquisition of ProAssurance Corporation for $25 per share in cash—a total value of about $1.3 billion. ProAssurance is a specialty insurer in medical liability, products liability for medical technology …
POSTED JUNE 29, 2026 5:26 AM |
Bayer’s Supreme Court Win in Roundup Case No ‘Silver Bullet’
After years of legal setbacks that have cost billions of dollars over its top-selling Roundup weedkiller, Bayer AG finally got a resounding win in the biggest tribunal of all. The US Supreme Court threw out a jury verdict won by …
POSTED JUNE 29, 2026 5:12 AM |
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says
Red Lobster’s $20 all-you-can-eat shrimp deal wasn’t just a badly designed promotion that inadvertently helped tip the iconic American restaurant chain into bankruptcy. It was part of a scheme to “squeeze every drop of value” from Red Lobster for the …
POSTED JUNE 29, 2026 5:05 AM |
The Doctors Group Completes $1.3B Purchase of ProAssurance Med Mal Provider
More than a year after it announced plans to buy Birmingham, Alabama-based ProAssurance, The Doctors Company said it has completed the billion-dollar acquisition. The Doctors Company, headquartered in Napa, California, acquired all outstanding shares of ProAssurance for $25 per share, …
POSTED JUNE 29, 2026 5:03 AM |
Anderson Insurance Agency Launches in Coral Springs
A south Florida businessman is stepping into the insurance agency with the launch of Anderson Insurance Solutions, based in Coral Springs. Matthew E. Anderson, a licensed agent for life, health and property-casualty lines, said his agency will offer life, health, …
POSTED JUNE 29, 2026 5:02 AM |
Landlord Harmed by Before/After Repair Photos Wins New Trial Over Negligence Claim
Photographs showing a staircase before and after repairs should not have been allowed as evidence in a negligence claim against a landlord, the Connecticut Appellate Court has ruled. In a unanimous opinion, the appeals court ordered a new trial in …
POSTED JUNE 29, 2026 5:00 AM |
Four Washington Restaurants Must Pay $750K in Wages, Damages to Workers
Four Washington-based restaurants must 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 Act. The U.S. Department of Labor secured a federal consent judgment requiring …
POSTED JUNE 29, 2026 5:00 AM |
Vermont Is First State to Ban Paraquat Weed Killer Linked to Parkinson’s Disease
Vermont has become the first U.S. state to ban paraquat, one of the most commonly used herbicides, with lawmakers citing a possible link between the weed killer and Parkinson’s disease. The ban has been widely celebrated by advocates who hope …
POSTED JUNE 29, 2026 5:00 AM |
People Moves: Venbrook Names Ward CFO; Lesmann Joins Crest as Broker; Alliant Adds Lundquist to Benefits Team
Ward Joins Venbrook as CFO Venbrook Group LLC named Kenneth W. Ward chief financial officer. Ward specializes in operational efficiency, cost-cutting initiatives and growth. He has worked across a variety of industries and most recently held the CFO role at …
POSTED JUNE 29, 2026 5:00 AM |
Oman Tells Allies Ships Going Through Hormuz May Have to Pay
Oman has told European officials there’s no way of going back to the pre-war status quo with the Strait of Hormuz and transiting ships may have to be charged some fees, according to people familiar with the matter. While Omani …
POSTED JUNE 27, 2026 2:05 PM |
Bahrain Targeted, Ship Struck as Iran War Ceasefire Tested
Bahrain said it had been targeted by Iran and a ship in the Strait of Hormuz was struck on Saturday afternoon as Tehran and Washington traded accusations that the other had violated the ceasefire. That came after Iran claimed on …
POSTED JUNE 27, 2026 1:31 PM |
Appellate Court Rejects EPA Bid to Ease Regulations for Coal-Fired Power Plants
A U.S. federal appeals court on Friday rejected the Environmental Protection Agency’s bid to withdraw Biden-era limits on soot pollution from coal-fired power plants and factories, in a setback for the Trump administration’s deregulatory efforts. The EPA under President Donald …
POSTED JUNE 26, 2026 4:20 PM |
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake
Not far from the super yachts docked outside the island palaces of Miami’s new billionaire class, smaller boats abandoned by people who couldn’t afford them languish in Biscayne Bay. Since October, Miami Beach police have identified and removed about 140 …
POSTED JUNE 26, 2026 3:37 PM |