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Panama Passes Law Imposing Stricter Requirements on Multinational Firms
Panama’s National Assembly approved a law that requires multinational entities domiciled in the country to demonstrate real local operations or face a 15% tax on passive foreign income, the Ministry of Economy and Finance said on Wednesday. The law is …
POSTED MAY 28, 2026 12:24 PM |
Germans Switch to EVs at Record Pace Thanks to Government Bonus
More German drivers switched to an electric vehicle in the first quarter of this year than ever before after the government launched a major subsidy program that can shave as much as €6,000 ($6,967) off the price of a new …
POSTED MAY 28, 2026 12:05 PM |
Australia Sues 3M for $1.4 Billion Over PFAS ‘Forever Chemicals’ Contamination
The Australian government said on Thursday it had launched legal action against 3M over contamination from firefighting foam supplied by the U.S. company that contained PFAS, or “forever chemicals,” seeking more than A$2 billion ($1.43 billion) in damages. The claim …
POSTED MAY 28, 2026 9:15 AM |
Iran and US Trade Air Strikes After Trump Dismisses Report of Hormuz Deal
Iran targeted a U.S. air base in Kuwait on Thursday after the United States struck what Washington described as an Iranian drone operation near the Strait of Hormuz and President Donald Trump rejected a reported compromise deal with Tehran. The …
POSTED MAY 28, 2026 8:49 AM |
Viewpoint: The AI Boom – When Risk Stops Being Rare, Insurance Must Evolve
Insurance has always depended on a simple premise. Losses must be possible but not inevitable. You’ve got to be able to know something could happen, and plan for it if possible, but really hope that it doesn’t. That assumption has …
POSTED MAY 28, 2026 8:31 AM |
Michigan House Explosion Leaves 1 Dead
A Michigan house explosion early Tuesday left one person dead and one in critical condition, authorities said. Authorities have not yet determined what caused the fire and explosion, which happened around 4 a.m. in Plainfield Township, north of Grand Rapids. …
POSTED MAY 28, 2026 8:00 AM |
Shepherd Insurance Acquires Pair of Indiana Agencies
Shepherd Insurance announced it has expanded its footprint in Indiana by acquiring a pair of agencies. Shepherd recently acquired Indianapolis-based Capitol Insurance Group. Founded in 1981, Capitol Insurance Group is a family-owned, Indianapolis-based agency known for delivering customized insurance and …
POSTED MAY 28, 2026 5:07 AM |
Volvo Cars Wins Approval to Import Vehicles With ‘Connected Car’ Technology
Volvo Cars, majority owned by China’s Geely Holding, said it received approval from the U.S. government allowing it to continue selling vehicles. In January 2025, President Joe Biden’s administration finalized rules effectively barring nearly all Chinese cars and trucks from …
POSTED MAY 28, 2026 5:04 AM |
NTSB Wants FAA to Revise Runway Safety Assessments During Heavy Rainfall
The U.S. National Transportation Safety Board on Tuesday called on the Federal Aviation Administration to revise how it assesses runway conditions during heavy rainfall, citing safety risks of airplanes skidding off the runway. The recommendations follow NTSB investigations of 11 …
POSTED MAY 28, 2026 5:04 AM |
Florida Bill, Waiting on Governor, Asks E-Bikers to Slow Down if Pedestrians Near
Injury claims and lawsuits stemming from e-bikes on Florida’s streets could diminish a little bit if the state’s governor signs a mild e-bike regulation bill into law. Senate Bill 382, adopted by the Legislature this spring with no dissenting votes, …
POSTED MAY 28, 2026 5:03 AM |
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