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Toscafund Is Said to Explore Sale of Portuguese Insurer Caravela
Toscafund Asset Management and other minority shareholders of Caravela Seguros are exploring a sale of the Portuguese insurer, according to people familiar with the matter. London-based Toscafund, which owns a 48% stake in Caravela, has hired Mediobanca to advise on …
POSTED JANUARY 19, 2026 12:17 PM |
Trump’s Greenland Threat Puts Europe Inc Back in Tariff Crosshairs
Just as European companies were getting used to last year’s hard-won U.S. trade tariff deals, President Donald Trump has put them back in his crosshairs with an explosive threat to place levies on nations that oppose his planned takeover of …
POSTED JANUARY 19, 2026 12:06 PM |
Chile Declares Catastrophe as Deadly Fires Force Evacuations
Chilean President Gabriel Boric declared a state of catastrophe in two southern regions of the country where raging wildfires have killed at least 15 people and forced tens of thousands to evacuate. Ante los graves incendios en curso he decidido …
POSTED JANUARY 19, 2026 8:58 AM |
South Africa Declares National Disaster After Deadly Floods
South Africa declared a national disaster after severe weather conditions led to deadly floods across parts of the country. Heavy rainfall, strong winds, lightning and flooding have resulted in loss of life, significant damage to infrastructure and property, environmental degradation …
POSTED JANUARY 19, 2026 8:39 AM |
California Attorney General Issues Cease and Desist Letter to xAI
California Attorney General Rob Bonta sent xAI a cease-and-desist letter that orders the company to immediately halt the creation and distribution of deepfake, nonconsensual, intimate images and child sexual abuse material. Creating, distributing, publishing or exhibiting child sexual abuse material …
POSTED JANUARY 16, 2026 9:05 PM |
Allstate Can Proceed With Recovery in Texas RICO Case: Fifth Circuit
Allstate can move forward in its recovery of $4.7 million it paid to settle fraudulent medical claims with a Houston, Texas medical facility, the 5th U.S. Circuit Court of Appeals said. The federal appellate court reversed a lower court’s ruling …
POSTED JANUARY 16, 2026 5:30 PM |
Trump Officials Vow to Keep All US Coal Plants Running
Trump administration officials vowed to keep US coal power plants operating, casting it as an imperative to meet surging electricity demand and drive a revival of the nation’s industrial base. “The goal is 100% open,” said Interior Secretary Doug Burgum. …
POSTED JANUARY 16, 2026 5:03 PM |
Dealmakers See More Retail Mergers, IPOs After Tariffs Sidelined M&A Last Year
Dealmakers predict an uptick in mergers and IPOs for retailers and consumer goods companies this year after punishing tariffs on imports to the U.S. had sidelined activity in the industry for the first half of 2025. Several national restaurant and …
POSTED JANUARY 16, 2026 4:33 PM |
Texas Proposes 13,000% Fee Hike on Hemp THC Shops
Texas state health officials have proposed raising licensing fees by as much as 13,000% for some hemp businesses, among a slate of changes that many industry members and advocates say will shutter small operations in favor of large out-of-state companies. …
POSTED JANUARY 16, 2026 4:29 PM |
New Texas Law Expedites Medical Benefits for Injured Death Investigation Professionals
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) adopted amendments to the Texas Administrative Code, concerning medical disputes for workers’ compensation claims and preauthorization, concurrent utilization review, and voluntary certification of health care. The amendments are necessary to …
POSTED JANUARY 16, 2026 4:26 PM |
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