Full content: Online fast-fashion platform Shein accused Temu of copyright infringement “on an industrial scale,” while Temu countered that Shein is using litigation to stifle competition, as a trial opened at London’s High Court on Monday. The case is part of a …

Full content: The insurance market is “scaling along with the opportunity” presented by a massive boom in data centers to meet the power demands of artificial intelligence, said George Haitsch, North American tech, media, and telecommunication leader at broker Willis. Speaking at …

Full content: About a dozen people were taken to hospitals with injuries Saturday after a boat explosion near Miami, the Miami-Dade Fire Rescue agency said. The charter boat was in Biscayne Bay, near Haulover Sandbar, when the blast erupted on board, according …

Full content: President Donald Trump’s swift rejection of Iran’s response to a U.S. peace proposal pushed oil prices higher on Monday, fueling concerns that the 10-week-old conflict will drag on and continue to paralyze shipping through the Strait of Hormuz. Days after …

Full content: A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter. Firms working in distressed-debt special situations including Davidson Kempner …

Full content: Geolocation data for some ships in the Persian Gulf showed locations and speeds that defied logic, pointing to an increase in signal interference following fresh attacks by Iran on neighboring countries. The tracking data showed about 120 vessels in a …

Full content: Thirty former Ohio State football players, including some former NFL players, have agreed to join a federal lawsuit against the university over the sexual abuse of student athletes decades ago by a team doctor, a lawyer in the case said …

Full content: Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering a landmark digital asset bill. The proposed changes would tweak the compromise brokered by Senators Thom Tillis, a Republican, and Angela …

Full content: Nike was sued on May 8 by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher prices. In a proposed class action, consumers said Nike should not …

Full content: Safepoint Insurance on May 8 filed its paperwork for a U.S. initial public offering, disclosing a 96.9% revenue jump last year as a strong run of new IPO listings from Florida-based insurers extends into 2026. The company reported a net …

Full content: Following the recommendation of the Senate Executive Nominations Committee, the full Maryland Senate has confirmed the appointments of four members to the Maryland Automobile Insurance Fund Board of Trustees. Steven D. Linkous was reappointed to serve the remainder of a …

Full content: A new University of Vermont extreme weather monitoring station opened in Lyndonville on Tuesday, the first in a planned network of monitoring stations to help fill gaps in extreme weather predictions and response. The station will be able to monitor …

Full content: Novatae Risk Group, the wholesale insurance business of World Insurance Associates, announced that Brian Voorhees will be joining the company as its new managing director of personal lines. In this role, Voorhees will lead Novatae’s personal lines with responsibility for …

Full content: Florida’s governor has signed House Bill 803 into law, dropping building permit requirements for construction work valued at $7,500 or less. The law takes effect July 1. “A local government that issues building permits shall exempt an owner of a …