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Barclays Turns to Insurers to Hedge Billions of Data Center Debt
Barclays Plc is looking to buy default protection on more than $10 billion of debt to finance artificial intelligence infrastructure in a bid to create capacity for more lending as hyperscaler funding needs soar. The London-based lender has been assessing …
POSTED OCTOBER 29, 2026 11:39 AM |
Three Bodies Recovered in Gabon Following Sinking of Borr Drilling Rig
Three bodies were recovered in Gabon on Wednesday following the sinking at the weekend of Borr Drilling’s Prospector 5 rig off the coast of the southern town of Mayumba, the Central African country’s navy said. The accident occurred on Saturday …
POSTED OCTOBER 29, 2026 11:04 AM |
New Data Centers Projected to Emit More Carbon Than All of Mexico
The surge in construction of fossil-fueled power plants to run AI data centers is set to undo 15 years’ worth of greenhouse gas reductions from US electricity generation, according to an internal analysis by the Sierra Club. The US power …
POSTED OCTOBER 29, 2026 5:13 AM |
Consumer Watchdog’s Information Security ‘Not Effective,’ Watchdog Finds
The top US agency for consumer financial protection is not adequately protecting databases with large volumes of sensitive consumer and business information, potentially exposing them to hackers or theft, a watchdog report said on Oct. 28. The audit, which found …
POSTED OCTOBER 29, 2026 5:03 AM |
Father and Son Charged With Running ‘Chop-Shop,’ Selling Stolen Cars, Insurance Fraud
A father and son have been charged with running an illegal “chop-shop” in Pennsylvania involving illegal titling and sales of stolen vehicles with counterfeit documents. Attorney General Dave Sunday said that Jermaine Quinones Sr., 42, and Jermaine Quinones Jr., 18, …
POSTED OCTOBER 29, 2026 5:00 AM |
Columbia University Opens Claims for $16 Million Data Breach Settlement
Columbia University has opened the window for individuals impacted by the school’s data breach last year to claim part of a $16.1 million settlement. The university agreed in September to settle a proposed class action over the incident, with affected …
POSTED OCTOBER 29, 2026 5:00 AM |
Town Appeals Denial of Insurance for $11M Judgment Over Political Closing of Quarry
The Connecticut town of East Haven is appealing a federal district court ruling that rejected its claim for insurance coverage for a civil lawsuit and $11 million judgment against it regarding the closure of a local quarry in 2017 for …
POSTED OCTOBER 29, 2026 5:00 AM |
Anthropic Tells California Governor Courts Should Be Able to Block Risky AI Models
Anthropic told California Gov. Gavin Newsom that government officials should be able to seek court orders blocking the release of AI models that pose a “serious risk” to the public, according to an October 15 letter that echoed the company’s …
POSTED OCTOBER 29, 2026 5:00 AM |
Global Cyberscams Bilk Americans Out of Billions. Few Get Any Money Back.
The U.S. government isn’t doing enough to fight the surge in cyberscams, and partnerships with the private sector remain fragmented and voluntary, an investigation into the global scam industry led by the Joint Economic Committee of the U.S. Congress has …
POSTED OCTOBER 29, 2026 5:00 AM |
Root Insurance Expands Personal Auto into Wyoming
Root Insurance is offering personal auto insurance in Wyoming, expanding its presence to 38 states. Wyoming coverage includes liability, comprehensive and collision. Drivers can get quotes, select coverage limits and deductibles, and purchase policies online or through Root’s mobile app. …
POSTED OCTOBER 29, 2026 5:00 AM |
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