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Coupang CEO Resigns After Online Retailer Hit by Massive Data Breach
South Korea’s biggest online retailer Coupang said on Wednesday that CEO Park Dae-jun has resigned, taking responsibility for a huge data breach at the company that has triggered a growing backlash in Asia’s fourth-largest economy. Coupang “deeply apologizes for causing …
POSTED DECEMBER 11, 2025 12:35 PM |
Over 30 Sanctioned Ships in Venezuela at Risk After US Tanker Seizure
More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast Guard seized a supertanker carrying Venezuelan crude for export, according to shipping data. The seizure, announced by President Donald Trump on Wednesday, …
POSTED DECEMBER 11, 2025 8:50 AM |
US Seizes Sanctioned Oil Tanker Off Coast of Venezuela, Trump Says
The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil prices higher and sharply escalated tensions between Washington and Caracas. “We’ve just seized a tanker on …
POSTED DECEMBER 11, 2025 8:15 AM |
DOJ Stops Monitoring Houston Illegal Dumping in Retreat From Environmental Justice
The U.S. Justice Department has withdrawn from an agreement with the city of Houston to curb illegal dumping in Black and Latino neighborhoods, part of the Trump administration’s broad dismantling of environmental justice initiatives. Federal authorities quietly ended the monitoring …
POSTED DECEMBER 11, 2025 6:48 AM |
OpenAI Warns New Models Pose ‘High’ Cybersecurity Risk
OpenAI on Wednesday warned that its upcoming artificial intelligence models could pose a “high” cybersecurity risk, as their capabilities advance rapidly. The AI models might either develop working zero-day remote exploits against well-defended systems or assist with complex enterprise or …
POSTED DECEMBER 11, 2025 6:29 AM |
Driverless Taxis Are Heading to UK, but Who’s Liable When Something Goes Wrong?
Driverless taxis are a bit like buses. You wait ages for one, and then a fleet arrives all at once. The US firms Waymo and Uber have both said their vehicles will be on the streets of London in 2026. …
POSTED DECEMBER 11, 2025 6:10 AM |
Crypto Traders Seek Out Extra Security as Kidnappings Rise
To maintain an edge in the volatile, non-stop world of cryptocurrency trading, it helps to be chronically online. Telegram, Discord and Reddit forums are full of investors swapping tips, memes and — when they get lucky — posting screenshots of …
POSTED DECEMBER 11, 2025 6:05 AM |
Viewpoint: Stable Operating Conditions Expected for European Insurers in 2026
Fitch Ratings’ outlook for the EMEA insurance sector is “neutral” for 2026, as Fitch expects the underlying operational and business conditions to remain mostly unchanged, compared to those in 2025. Core credit drivers trend in different directions but overall leave …
POSTED DECEMBER 11, 2025 6:03 AM |
Acrisure to Buy MGA Vave From Canopius
Acrisure said it is acquiring Vave, a managing general agent, from parent Canopius. Terms of the deal were not disclosed. Vave will continue to operate under its brand name, and its management team, led by CEO Marek Shafer, will continue …
POSTED DECEMBER 11, 2025 6:03 AM |
After Years of Pushing Rate Hikes, Florida’s Citizens Now Wants HO Rate Decrease
After years of asking for rate increases to help drive consumers to the private market and reduce its exposure, Florida’s Citizens Property Insurance Corp. is now asking for a rare decrease in homeowners’ rates. The corporation’s Board of Governors on …
POSTED DECEMBER 11, 2025 6:01 AM |
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