Norfolk Southern agreed to a $600 million settlement for an Eastern Ohio train accident in February 2023. The accident derailed about 50 cars, leading to the evacuation of 1,500 to 2,000 residents.
Legal & Regulatory
Switzerland Creates 'Too Big to Fail' Rules to Make Banks Safer Following Credit Suisse Collapse
Switzerland presented proposals for UBS, along with three other systemically relevant banks, to protect the country from a recurrence of the Credit Suisse collapse experienced last year.
UK to Spend Over £55 Million to Improve Facial Recognition Systems to Stop Shoplifting
The UK government is investing £55.5 million ($70 million) to improve facial recognition technology as part of a crackdown on shoplifting.
Elon Musk Admits X Alter Accounts Amidst Defamation Lawsuit, Says He Roleplays as His Toddler
During the defamation lawsuit against him, Elon Musk admitted using alternative accounts and confirmed pretending to be his toddler.
Florida Woman Aimee Harris, Who Stole Ashley Biden's Diary and Sold It for $40,000, Gets Month in Prison
A Florida woman has been sentenced to one month in prison for stealing Ashley Biden's diary and selling it to a conservative news website for $40,000 before the 2020 election.
Latest News
Hong Kong officials confiscated an estimated $10.7 million worth of gold disguised as machine parts being shipped to Japan.
San Francisco is threatening to sue Oakland if it changes its airport name to "San Francisco Bay Oakland International Airport."
Tesla has resolved a lawsuit over a 2018 car accident that killed an Apple engineer after steering off a roadway near San Francisco.
Discount retailer 99 Cents Only filed for Chapter 11 bankruptcy protection on Sunday. Discount retailer 99 Cents Only filed for Chapter 11 bankruptcy protection on Sunday after announcing that it would close all of its 371 stores across the United States.
Spain announced its intention to eliminate the program known as "golden visas," which grants residency permits to wealthy people from non-European Union countries who invest in real estate.
The Royal Bank of Canada ousted its CFO, Nadine Ahn, due to an undisclosed relationship leading to preferential treatment, which violates the bank's code of conduct.
New Zealand tightens visa regulations in response to record-high migration levels, focusing on English-language requirements and minimum skill thresholds.
US airline officials began a fresh investigation after the engine cowling of a Boeing 737-800 fell off during takeoff.
A Supreme Court judge in Brazil has launched an investigation into Elon Musk for alleged obstruction of justice.
