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Iran’s Threats to Hormuz Undersea Cables Highlight Vulnerabilites of Data Chokepoints
Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait of Hormuz for access to what they say is Iran’s offshore territory. The suggestion comes after Iranian warnings that several …

City of Austin to Pay $35M to Men Wrongly Accused in Yogurt Shop Murders
The city of Austin will pay $35 million to three men and the family of a fourth who were wrongly accused of the 1991 rape and murder of four teenage girls at a yogurt shop, a case that initially sent …

Illinois Man Receives $300K Settlement From Dog Attack
An Illinois man who suffered severe injuries to his hand and fingers in a dog attack received a $300,000 settlement, the law firm John J. Malm & Associates said. The man attacked by two pit bulls while taking his German …

‘Designed To Last’: American Family Launches Reality Competition Series on Hulu
American Family Insurance has launched a branded reality competition series, “Designed To Last,” a first-of-its-kind show that reimagines how to think about protecting homes and families against increasing climate risk. The four-episode series sponsored by American Family Insurance premiered May …

Verisk Report Shows Drop in US Reconstruction Costs in 2Q
Reconstruction cost inflation in the U.S. cooled in the second quarter, offering a bit of relief for insurers and businesses.

Bank of Canada Sees AI as Possible Boost to Country’s Ailing Productivity
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses. In her first speech as external deputy governor, …

Tennessee Solar Ranch Aims to Prove Grazing Under the Panels is Sunny Side Up
From a distance, the small solar farm in central Tennessee looks like others that now dot rural America, with row upon row of black panels absorbing the sun’s rays to generate electricity. But beneath these panels is lush pasture instead …

Dream Finders Homes Offers $704 Million to Buy Rival Beazer
Dream Finders Homes Inc. submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., which rejected the bid as too low. Jacksonville, Florida-based DFH is offering $25.75 per share in cash for Beazer, according to a statement …

Timeline of Baltimore’s Key Bridge Collapse That Killed 6 People
The operator of the massive cargo ship that struck Baltimore’s Francis Scott Key Bridge is now facing criminal charges for actions leading up to and after the crash that killed six people more than two years ago. The Dali container …

$1.3 Billion in Medicaid Money to California Deferred Over Suspicions of Fraud
Vice President JD Vance this week announced new steps in the Trump administration’s initiative to root out fraud in federal health programs, including a $1.3 billion deferral in Medicaid funding to California. “How long are people going to pay into …