October 13, 2026

Latest
News

1MDB Has Proposal for Settlement With Deutsche Bank

Malaysia’s scandal-hit state fund 1Malaysia Development Bhd. has a proposal for settlement with Deutsche Bank AG in a $1.1 billion lawsuit, marking the latest potential resolution in the country’s long-running effort to recover money linked to the multibillion-dollar fraud. Malaysia’s …

Simon Helps Push Eastern Pacific Hurricane Activity to Record

The eastern Pacific has set a record for hurricane activity as Hurricane Simon lashes Mexico’s west coast and another storm threatens to form. The basin had produced 68.5 hurricane days as of Tuesday morning, surpassing the previous record of 68.25, …

Report: Disputed Property Claims Settled 43% Above Insurer Estimates

Final settlements in a study of disputed property claims were typically 43% above insurer valuations, according to a new report. Finch Claims’s Q3 2026 State of the Claim Report examines estimates, settlements and payment timelines from a database of 9,333 …

Tesla Faces Probe Over Claim of Robotaxis Speeding in School Zones

Tesla Inc. is facing scrutiny from U.S. auto-safety regulators over whether its driverless taxis exceed posted speed limits near schools, a new hurdle for the automaker’s slow-growing robotaxi service. The National Highway Traffic Safety Administration said it’s evaluating the claim …

South Korea, Japan Buffeted By Hacks As AI Lowers Bar For Cybercriminals

South Korean and Japanese companies are racing to strengthen cyber defenses after a wave of attacks that cybersecurity experts say are highlighting how AI may be lowering the bar for criminals with limited technical skills. Nine South Korean banks and …

Insurance Executive Killed His Wife, Daughter, Then Himself, NJ Township Police Say

A New Jersey title insurance executive shot his wife and daughter and then shot himself, according to local police and prosecutors. Montgomery Township police discovered the double homicide and suicide when responding to a call to check on the occupants …

Exxon Blocked Proposal to Settle $5 Billion Kashagan Dispute

ExxonMobil Holdings Corp. blocked a proposal for partners in the Kashagan oil field in Kazakhstan to make a settlement with the government over a disputed $5 billion environmental fine, according to people familiar with the matter. The status of that …

Army Report Cites Systematic Failures in Helicopter And Jet Collision That Killed 67

The collision of an American Airlines regional jet and an Army Black Hawk helicopter near Ronald Reagan Washington National Airport last year that killed 67 people was the result of several systemic failures, according to a U.S. Army investigative report …