May 29, 2026

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Stellantis Recalling 419K US Vehicles for Improper Side Air Bag Deployment

Chrysler-parent Stellantis is recalling 419,035 vehicles in the U.S. as a software error could delay the side air bags from deploying during a crash, the U.S. National Highway Traffic Safety Administration said on Friday. This would leave the vehicles non-compliant …

Made-in-China EVs Enter Canada Under Deal Carney Struck With Xi

The cars will be the first to be imported under a deal that allows up to 49,000 Chinese EVs in a 12-month period at a tariff rate of 6%.

Jefferies Sued by Fund Investors Alleging Water Firm Fraud

Jefferies Financial Group Inc. has been hit with an investor class action lawsuit over bond purchases made by its 352 Capital fund in a water vending machine firm that federal prosecutors have called a scam. According to the complaint filed …

Court Overturns Insulet’s $59M Insulin-Pump Trade Secret Verdict

A U.S. appeals court on Thursday overturned a $59 million verdict that medical device maker Insulet won against Korean rival EOFlow for allegedly stealing trade secrets related to its insulin-pump technology. The Washington-based U.S. Court of Appeals for the Federal …

Trump Files Fresh $10 Billion Suit Over WSJ’s Epstein Story

President Donald Trump filed a new version of his $10 billion libel lawsuit against the Wall Street Journal and its parent company News Corp. over an article about his alleged close ties to Jeffrey Epstein, after an earlier version of …

Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event

The U.S. faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the nation to more than $375 billion in aggregated uninsured flood losses from a 1-in-100-year event, according to a new whitepaper from …

Aggregate Limits Do Not Apply to Environmental Claims, Ninth Circuit Rules

In the case of County of San Bernardino v. Insurance Company of the State of Pennsylvania, the Ninth Circuit recently addressed the issue of whether general liability policies issued in the 1960s and 1970s included aggregate limits for claims arising …

Australia Sues 3M For $1.4B Over PFAS ‘Forever Chemicals’ Contamination

The Australian government said on Thursday it had launched legal action against 3M over contamination from firefighting foam supplied by the U.S. company that contained PFAS, or “forever chemicals,” seeking more than A$2 billion ($1.43 billion) in damages. The claim …