December 18, 2025

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Enlyte to Acquire Parts Procurement Marketplace PartsTrader

Enlyte has entered into an agreement to acquire PartsTrader, a parts procurement marketplace. According to Enlyte, the deal will bring together two complementary businesses within the auto physical damage ecosystem. PartsTrader will become a wholly owned subsidiary of Enlyte and …

Tesla Drivers Are Buying Escape Tools and Cars to Avoid Getting Trapped Inside

Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.

India’s Parliament OKs Bill to Raise Foreign Direct Investment in Insurance to 100%

India’s parliament on Wednesday approved a bill to raise foreign direct investment in the insurance sector to 100% from 74%, a move that will help insure more people in the world’s most populous country. The increase in the FDI limit …

NYT Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit

The New York Times asked a judge to once again dismiss President Donald Trump’s $15 billion defamation lawsuit, arguing the complaint is based on “implausible allegations” that cannot overcome First Amendment protections. The suit fails to explain exactly how dozens …

Tricolor Executives Charged With Fraud Over Subprime Lender’s Collapse

Federal prosecutors in Manhattan unsealed an indictment on Wednesday charging executives of bankrupt Tricolor with systematically defrauding creditors ahead of the subprime lender’s billion-dollar collapse. Tricolor CEO and founder Daniel Chu and former Tricolor chief operating officer David Goodgame were …