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Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk

by lpiccitto | Sep 8, 2025 | Uncategorized

Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars in damages is jeopardizing its ability to continue providing power to hundreds of thousands of customers in Oregon. In an...

Philips Faces Deepened French Probe Over Sleep Apnea Device Safety

by lpiccitto | Sep 8, 2025 | Uncategorized

French prosecutors stepped up an investigation into Royal Philips NV for potentially causing danger to human health with breathing devices, tasking a magistrate with deeper probing powers to lead the case. Paris prosecutors said on Monday that the decision to...

Direct Home Insurer Kin Raises $50M in Series E Financing

by lpiccitto | Sep 8, 2025 | Uncategorized

Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion. The digital insurer also closed on a $200 million debt facility, $145 million of which was used to …

Suit That Claimed Fox Sports Ex-Host Harassed Stylist Has Been Mostly Resolved

by lpiccitto | Sep 8, 2025 | Uncategorized

A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host Skip Bayless made repeated, unwanted advances toward her — including an offer of $1.5 million to have sex with him. …

Older Homes for Sale in California Now Come With Wildfire Warnings

by lpiccitto | Sep 8, 2025 | Uncategorized

Most California homes were built long before the state required that they be constructed to withstand wildfires. Now, sellers of older homes in high-risk areas must disclose to potential buyers not only a dwelling’s susceptibility to fire but what they’ve...

US Plant Raid Jolts South Korea and Stirs Investor Anxiety

by lpiccitto | Sep 8, 2025 | Uncategorized

The immigration raid on a Georgia EV battery plant run by two South Korean firms has rattled Seoul, coming less than two weeks after President Lee Jae Myung’s White House meeting with Donald Trump where Korean companies pledged to invest …
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