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Cost of LA Wildfires Could Reach $150B J.P. Morgan said last week that insured losses from the wind-driven wildfires in Los Angeles could reach $10 billion, according to reporting by Reuters. AccuWeather...
More Kids’ Online Safety Measures Expected in 2025 Despite legal challenges that have blocked new state laws aimed at protecting kids from the potential harms of social media from taking effect...
New MA Law Increases Oversight of Private Equity Investment in Healthcare Massachusetts Gov. Maura Healey (D) signed a bill ( HB 5159 ) expanding oversight of private equity investment in the healthcare...
Just a couple of weeks into the new year, state legislators appear to be watching and waiting to see how things shake out with the new Trump administration. But despite the uncertainty, one issue—...
MI’s Minimum Wage Rising Most Next Year Twenty-three states’ minimum wages are increasing in 2025, typically by about 3%. But Michigan’s minimum wage will rise 21% by the end of February...
The National Highway Traffic Safety Administration (NHTSA) sent a letter to the Massachusetts attorney general’s office last week giving the state the go-ahead to enforce the right to repair law voters approved there in 2020. That notification was a U-turn for the agency, which in June instructed automakers not to comply with the Massachusetts law, saying the “open data platform” it called for could place cars sold in the state at risk of being taken over by hackers. (WIRED)
Nvidia reported second quarter revenue of $13.51 billion, an 88% increase from the second quarter of 2022, and said it expected revenue of about $16 billion in the current quarter, a 170% increase over the same period last year. The revenue surge highlights the strength of the generative AI boom and demand for the company’s graphics processing units in particular. (CNBC)
Two victims of stalking have filed a proposed class-action lawsuit against Tile Inc. and Amazon in U.S. District Court for the Northern District of California alleging the Tile tracking device, used to determine the whereabouts of missing keys or a purse, was marketed “both explicitly and implicitly for the purpose of tracking people—particularly women.” Amazon partnered with Tile in 2021 to improve its Sidewalk tracking network, which the suit alleges “made the Tile tracker vastly more effective, and therefore vastly more dangerous.” (INSURANCE JOURNAL)
—Compiled by SNCJ Managing Editor KOREY CLARK
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