Trump Hotel Pays $4.8 Million to Resolve Complaint Over Killing Fish in Chicago

Trump International Hotel & Tower Chicago will pay $4.8 million to resolve a complaint that it was killing fish in the Chicago River. A system used to cool the building by drawing in river water was sucking in thousands of Read more…


Legacy Specialist Enstar Goes Private on Completed Acquisition by PE Firm Sixth Street

Sixth Street, the San Francisco-based private equity firm, has completed its $5.1 billion acquisition of Bermuda legacy specialist Enstar Group. Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as a privately held, standalone company, Read more…


Texas Braces for Budget Constraints as Federal Funding Dries Up

The era of massive state budget surpluses in Texas could be coming to an end. As the last of the federal government’s COVID-19 emergency funds are spent and sales tax revenues return to historic averages after a large spike, budget Read more…


NOAA Delays Cutoff of Key Satellite Data for Hurricane Forecasting

The National Oceanic and Atmospheric Administration said Monday it is delaying by one month the planned cutoff of satellite data that helps forecasters track hurricanes. Meteorologists and scientists warned of severe consequences last week when NOAA said, in the midst Read more…


Marsh McLennan Buys Excel Agency in South Florida

Marsh McLennan Agency, part of the global Marsh insurance brokerage and services companies, has acquired Excel Insurance, an insurance agency in Medley, Florida. Excel was founded in 2020 and provides property/casualty solutions, including auto, watercraft, commercial coverage, homeowners and workers’ Read more…


Expansion of Washington Workers Equal Pay Law Starts Today

A new law in that expands Washington workplace protections involving equal pay and promotion discrimination takes effect today. The law legislation passed in 2024 expands the Equal Pay and Opportunities Act from gender discrimination to also include: Sex, marital status, Read more…


Heat Waves May Cut GDP by 0.5 Percentage Point in Europe, Allianz Says

Recent heat waves across Europe could slow economic growth in Europe by half a percentage point in 2025, a report by Allianz Research showed, comparing a day with temperatures above 32 degrees Celsius to half a day of strikes. In Read more…


Nationwide Completes $1.25B Deal for Allstate’s Stop-Loss Segment

Insurer Nationwide said it has completed the purchase of Allstate’s Group Health business segment for $1.25 billion. The acquisition was announced in January. Nationwide said the purchase will strengthen and diversify Nationwide Financial’s portfolio, expanding the company’s ability to sell Read more…


Google Owes $314 Million for Misusing Android Cell Phone Data

Google was told by a California jury to pay $314 million over claims that it illegally used Android users’ cellular data to collect information without their knowledge. A state court jury in San Jose issued the verdict Tuesday following a Read more…


Once Known as ‘Dirty Myrtle,’ Myrtle Beach Now Fastest-Growing Metro for Seniors

A South Carolina beach town once nicknamed “Dirty Myrtle” because of its rowdy nightclubs and strip joints has become a magnet for retirees in a nation that continues to age. The number of residents age 65 years and older in Read more…