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Oil Tankers Steer Clear of Hormuz Ahead of US Blockade
Oil tankers are steering clear of the Strait of Hormuz ahead of a U.S. blockade later on Monday following failed peace talks between the U.S. and Iran over the weekend, shipping data showed. President Donald Trump said on Sunday the …
POSTED APRIL 13, 2026 9:14 AM |
Trump Blockade of Iran Ports Risks Widening War to High Seas
US President Donald Trump’s threat to blockade the Strait of Hormuz after talks with Iran collapsed over the weekend risks widening a war now entering its seventh week, lifting oil prices and raising the prospect of further economic pain around …
POSTED APRIL 13, 2026 8:49 AM |
Trump Approves Disaster Requests for at Least 7 States; Others Wait
The Trump administration approved major disaster declaration requests for at least seven states this week, according to information released Saturday by the Federal Emergency Management Agency, allowing affected communities to access federal support. About 15 requests for assistance from others …
POSTED APRIL 13, 2026 5:11 AM |
OpenAI Identifies Security Issue Involving Third-Party Tool Axios
OpenAI said on April 10 it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps. The ChatGPT maker said it …
POSTED APRIL 13, 2026 5:11 AM |
Worsening Ocean Heat Waves Are ‘Supercharging’ Hurricane Damage, Study Finds
Marine heat waves are supercharging damage caused by hurricanes and tropical cyclones across the globe, a new study found. Researchers looked at 1,600 tropical cyclones — the broader category of storms that includes hurricanes — that made landfall since 1981 …
POSTED APRIL 13, 2026 5:02 AM |
Causey Says Recommended Lindberg Restitution ‘Not Enough’ for Harm Caused
The more than $1 billion that a special master has recommended that imprisoned insurance mogul Greg Lindberg pay in restitution may seem like a huge amount of money. But it falls well short of covering the wreckage left behind by …
POSTED APRIL 13, 2026 5:02 AM |
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments
RAINELLE, W.Va. (AP) — Every month, Rebecca Michalski takes a deep breath before opening her electric bill. She lives on a fixed income, and heating her small house this winter has been staggering: Her February charge was $940.08 — more …
POSTED APRIL 13, 2026 5:02 AM |
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Alternative investment managers are pouring unprecedented sums of money into the market for property cover, and reshaping a 180-year-old reinsurance model in the process. Allocations to catastrophe bonds and other insurance-linked securities popular among hedge funds and institutional investors rose …
POSTED APRIL 13, 2026 5:01 AM |
Vineyard Wind Sues to Block GE Vernova From Abandoning Wind Farm
Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova rom terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion. Vineyard Wind, a joint …
POSTED APRIL 13, 2026 5:00 AM |
California Utility Bills Are 20% Higher Due to Wildfires
The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California’s largest utility, according to a government report that calls for a systemic overhaul of how the state responds to conflagrations as …
POSTED APRIL 13, 2026 5:00 AM |
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