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Why Power Outages Do More Economic Damage Than We Think The day after a major winter storm swept across the US, hundreds of thousands of homes and businesses remained without electricity and the prospect of more outages loomed amid frigid temperatures. One early estimate suggested the storm could result in …
POSTED JANUARY 27, 2026 1:19 PM |
Updated: 6 Killed in Private Plane Crash at Maine Airport Six people were killed in a single plane crash Sunday night at Bangor International Airport in Maine, according to local officials, correcting what appears to have been a report from the federal government that seven people died. A late Monday …
POSTED JANUARY 27, 2026 1:00 PM |
WR Berkely Turns in Record Underwriting Results for Q4, Year Fourth quarter 2025 net income at W.R. Berkley Corp. decreased nearly 28% compared to the same period a year ago. Net income was about $449.5 million for Q4 2025 compared to net income of about $576.1 million a year ago …
POSTED JANUARY 27, 2026 12:58 PM |
European Nations Issue Warning to Russia-Linked Shadow Fleet A group of 14 European nations have issued an open warning to shadow-fleet tankers in the Baltic and North Seas, raising the stakes for vessels they say are endangering maritime safety. Ships can only sail under the flag of one …
POSTED JANUARY 27, 2026 11:40 AM |
Markets/Coverages: Brit Launches Integrated Cyber, Financial institutions Consortium Brit Group Holdings Ltd. announced the launch of “FI Cyber Max,” a new integrated cyber and financial institutions (FI) consortium. Built for large, complex financial clients, the new consortium will bring together Brit’s experienced cyber and FI underwriting teams to …
POSTED JANUARY 27, 2026 11:20 AM |
North Sea Wind Push Sees Industry Vow to Spend €9.5 Billion The offshore wind industry has pledged to invest €9.5 billion ($11.3 billion) in its supply chain by 2030 to help expand capacity in the North Sea as European countries work to turn one of the most famous oil basins into …
POSTED JANUARY 27, 2026 10:38 AM |
Italy Declares Emergency as Storm Damage Tops €1.5 Billion Italy’s government declared a state of emergency, unlocking €100 million in funds to help repair damage after a sea storm battered parts of the country’s south. Sicily was hit particularly hard, with regional Governor Renato Schifani estimating damages of more …
POSTED JANUARY 27, 2026 10:00 AM |
Nvidia’s Rally Shows DeepSeek Fears Were Unfounded a Year Later A year ago, the Chinese startup DeepSeek freaked out the stock market with the idea that developing artificial intelligence was much easier and cheaper than everyone imagined. But 12 months later, that’s turned out to be largely a mirage so …
POSTED JANUARY 27, 2026 8:57 AM |
Flood in Vale Mining Area Damaged Brazilian River, State Government Says Overflowing water in a mining area owned by Brazil’s Vale caused environmental damage as it reached the local Maranhao River, Minas Gerais state government said in a statement on Monday. The overflow on Sunday, in two nearby but separate areas …
POSTED JANUARY 27, 2026 8:18 AM |
NTSB Opens Probe Into Waymo Robotaxis Passing Stopped School Buses The U.S. National Transportation Safety Board said on Friday it is opening an investigation into self-driving car company Waymo after its robotaxis illegally passed stopped school buses in Austin, Texas, at least 19 times since the start of the school …
POSTED JANUARY 27, 2026 7:07 AM |
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