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Volkswagen Recalls 4 Million Cars, Handelsblatt Reports
German auto group Volkswagen will recall around 4 million vehicles across four brands in the biggest such action since the Dieselgate scandal, the Handelsblatt newspaper reported on Friday [Sept. 25]. Some 2.16 million VW models and 700,000 Audi models are …
POSTED OCTOBER 05, 2026 2:06 PM |
Miami Project Sells $1.7 Billion of Condos Before It’s Built
While condo sales across Miami have broadly slumped in recent years, one sector of the market is booming — ultra-luxury sales in apartments that haven’t even been built yet. The Residences at Mandarin Oriental Miami on Brickell Key, a manmade …
POSTED OCTOBER 05, 2026 1:57 PM |
South Korea Orders Security Checks After Finance-Sector Data Leaks
South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities after a series of cyberattacks led to personal data breaches across the industry. “The entire financial sector should carry out swift and …
POSTED OCTOBER 05, 2026 1:53 PM |
Denmark Data Breach Exposes 8.8 Million People’s Personal Data
Denmark suffered a major data breach that gave unauthorized individuals access to names, addresses and personal identification numbers belonging to about 8.8 million people registered in the country’s central population database. The breach occurred after unidentified individuals misused a private …
POSTED OCTOBER 05, 2026 1:05 PM |
War, Cyber Attack May Spark Next Financial Crisis: Reserve Bank of India
The next financial crisis could originate from a source outside the world of finance, Reserve Bank of India Governor Sanjay Malhotra said Saturday. “It may begin with a geopolitical event, or cyber attack or a technological failure that affects the …
POSTED OCTOBER 05, 2026 12:52 PM |
Markets/Coverages: Specialty MGA Banyan Launches Red Fox Risk for Wildfires
Specialty managing general agent Banyan Risk said it launched Red Fox Risk Ltd, a new underwriting venture focused on wildfire-exposed property risk in the U.S. The business will be led by Brian Espie as CEO and Sarah Kennedy, chief underwriting …
POSTED OCTOBER 05, 2026 12:50 PM |
Google Faces $3.2 Billion Damage Claims on Ad-Tech Monopoly
USA Today Co., Daily Mail General and Trust Plc and a class of large publishers can seek more than $3.2 billion in damages for harm caused by monopolization of advertising technology markets by Alphabet Inc.’s Google, a New York federal …
POSTED OCTOBER 05, 2026 11:41 AM |
AM Best Revises Outlook to Positive for Minnesota’s RAM Mutual Insurance
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of RAM Mutual Insurance Company (RAM) based in Esko, Minnesota. The Credit …
POSTED OCTOBER 05, 2026 10:00 AM |
Union Pacific Railroad Fined $304K for Firing Employee During Severe Weather
A U.S. Department of Labor Occupational Safety and Health Administration whistleblower investigation has concluded that Union Pacific Railroad Co. violated the Federal Railroad Safety Act by removing from service and later terminating a North Little Rock, Arkansas yardman who notified …
POSTED OCTOBER 05, 2026 9:30 AM |
Search Continues for 6-Person Air Ambulance Missing Over Atlantic En Route to Boston
Searchers found a “debris field” off the coast of Nantucket, Massachusetts, from an air ambulance that was carrying six people when it vanished over the Atlantic on Saturday during a flight from Bermuda to Boston, the U.S. Coast Guard said. …
POSTED OCTOBER 05, 2026 9:01 AM |
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