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Organized Jewelry Theft Ringleader in California Handed 16-Year Sentence
The leader of an organized retail theft ring targeting high-end jewelry stores across Southern California was handed a 16-year prison sentence this week. From April 2023 to May 2024, Rodney Allen Flynt Jr. and his accomplices carried out thefts resulting …

Meta Says States Seek $1.4 Trillion in Penalties in August Youth Safety Trial
Meta Platforms said in a court filing on July 6 that four states were seeking $1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety. …

Faster, Fiercer Wildfires Are Testing Evacuation Plans
On a warm summer morning, two fire officials navigate an SUV along a narrow road that switchbacks high into the hills above the town of Fairfax, California, where thickets of trees conceal hundreds of homes. When the road dead-ends, they …

What 124 Future Business Leaders Really Think About AI and Work
As speculation about artificial intelligence and job loss continues to dominate headlines, a new analysis from the University of Maryland’s Robert H. Smith School of Business offers something rarer: direct insight from the professionals who are living through the transition. …

ANV Completes Acquisition of London-Based Iris Insurance Brokers
ANV Group Holdings Ltd. (ANV), the insurance intermediary platform, has completed the acquisition of Iris Insurance Brokers Ltd., a London-headquartered specialty insurance distribution platform. The transaction, originally announced in March 2026, has received all required regulatory approvals. Financial details of …

US Cyber Agency Is Using Anthropic’s Mythos to Audit Government Code: Sources
The U.S. cyber defense agency CISA is using Anthropic’s AI model Mythos to audit government software, three people familiar with the matter said on Monday, another sign of government enthusiasm for adopting the AI startup’s tools even as the company …

Banks’ Exposure to Heat-Related Losses Faces Scrutiny in EU
Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken. The European Banking Authority is currently developing ways to measure the financial impact of extreme heat, a spokesperson for the Paris-based …

CFC Names Former Direct Line Exec Winslow as Group CEO, Succeeding O’Shea
CFC, the London-based specialist MGA, announced the appointment of Adam Winslow as group chief executive officer. The current Group CEO Louise O’Shea, who has served for nearly six years, first as independent non-executive and latterly as CEO, will be stepping …

Update: Qatari LNG Ship Struck in Strait of Hormuz, Testing US Talks
A Qatari liquefied natural gas carrier was hit and a laden Saudi oil tanker suffered damage as they exited the Strait of Hormuz, heightening unease among shipowners and testing a US-Iran agreement to halt attacks. The Al Rekayyat gas carrier …

New York City Reports Cases of Legionnaires’ Disease Rise to 23
The New York City Health Department reported last evening that the number of cases of Legionnaires’ disease in the Upper East Side neighborhoods of Carnegie Hill and Yorkville has risen to 23, with 17 people being hospitalized. The city reports …