December 23, 2025

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Driverless Future Gains Momentum With Global Robotaxi Deployments

Ride-hailing firms and technology companies around the world are racing to deploy driverless taxis, betting that robotaxis will reshape urban transport and unlock new growth as regulation gradually opens up. From China and the U.S. to Europe and the Middle …

AI Data Centers Are Forcing Dirty ‘Peaker’ Power Plants Back Into Service

In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides. The rarely-used eight-unit Fisk …

J&J Talc Jury Awards $1.56 Billion to Asbestos Cancer Victim

Johnson & Johnson was ordered to pay about $1.56 billion to a Maryland woman who blamed the company’s talc-based baby powder for causing her asbestos-linked cancer, the largest such jury verdict for an individual in 15 years of litigation. Jurors …

California Luxury Carwash Settles Wage Theft Case for $1.2M

A luxury carwash in Southern California must pay a a $1.2 million settlement for wage theft and labor law violations. The California Labor Commissioner’s Office secured the settlement with Newport Auto Spa Inc., doing business as The Car Spa, a …

‘Door Knocker’ Roofers Were Everywhere. NC Farm Bureau Saw an Opportunity

It began with “door knockers” – the all-too-familiar practice of roofing companies telling homeowners that they could get a new roof with little or no out-of-pocket expense. North Carolina Farm Bureau Insurance, the second-largest property insurer in the state with …

New York Times Reporter Sues Google, xAI, OpenAI Over Chatbot Training

An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued Elon Musk’s xAI, Anthropic, Google, OpenAI, Meta Platforms and Perplexity on Monday for using copyrighted books without permission to train their artificial intelligence systems. New …

Cat Bonds Linked to Wildfires Lose ‘Once Untouchable’ Status

Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …

Honeywell Expects $470 Million Charge From Flexjet Settlement

Honeywell on Monday said it expects to record a one-time charge of about $470 million in the fourth quarter related to a potential settlement of Flexjet-linked litigation, sending its shares down 1.3% in premarket trading. Private aviation company Flexjet sued …