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FSB Watchdog Flags Risks in Banks’ Growing Private Credit Ties
The fast-growing private credit industry’s deepening links with traditional banks and asset managers create risks to the global financial system, the global Financial Stability Board watchdog said on Wednesday, warning some broader measures showed upwards trends of defaults. Signs of …
POSTED MAY 06, 2026 7:02 AM |
Louisiana Directive Requests Annual Reporting of Personal Lines Data
Louisiana Insurance Commissioner Tim Temple on Tuesday issued a directive to residential property and personal auto insurers for mandatory annual reporting of policies. Beginning in 2026, data submissions are required on an annual basis, replacing the previous quarterly reporting requirement. …
POSTED MAY 06, 2026 7:00 AM |
10 Hospitalized After Chemical Leak at Louisiana Business
Ten people were hospitalized after a valve malfunction led to a chemical leak at a Louisiana business on Tuesday, May 5. The Louisiana State Police Emergency Services Unit responded to a hazardous materials incident in Duson at approximately 7 a.m. …
POSTED MAY 06, 2026 7:00 AM |
Tech Update: Corgi Fills AI Risk Gaps; Gallagher Touts AI-Human Sales Blueprint; Cogitate AI and Vital Protect Medical Practices
Corgi AI Coverage Fills Gaps Left by Traditional Tech Coverage From autonomous agents making financial decisions to models generating customer-facing content, AI systems are no longer just experimental, they are operational. But what happens when one of these systems malfunctions, …
POSTED MAY 06, 2026 5:14 AM |
FAA Proposes Limits on Drone Flights to Address Security Worries
The Trump administration is proposing rules to tighten security against rogue drone flights. Owners of certain facilities such as energy plants, oil refineries, state prisons and amusement parks would be able to request restrictions on drones near their sites under …
POSTED MAY 06, 2026 5:08 AM |
Microsoft, Google and xAI to Give Government Early Access to AI Models
Microsoft, Google and Elon Musk’s xAI agreed to give the U.S. government early access to new artificial intelligence models for national security testing, as U.S. officials grow alarmed by the hacking capabilities of Anthropic’s newly unveiled Mythos. The Center for …
POSTED MAY 06, 2026 5:01 AM |
EEOC Lawsuit Claims NY Times Wrongly Denied White Male Editor a Promotion
The New York Times was sued on Tuesday by the U.S. Equal Employment Opportunity Commission, which accused the newspaper of passing over a white man for a top editorial role because of his race and gender, in order to meet …
POSTED MAY 06, 2026 5:00 AM |
Bird Flu May Spread Through Air on California Dairy Farms, Study Finds
Air and wastewater may help spread bird flu on California dairy farms, according to a study that points to more transmission routes than previously understood. Researchers sampling 14 infected farms found the H5N1 virus in the air during milking, in …
POSTED MAY 06, 2026 5:00 AM |
DOJ Files Statement of Interest in California Fire Insurance Case
The Department of Justice filed a Statement of Interest in a lawsuit filed against State Farm by homeowners who lost their homes in the January 2025 Los Angeles wildfires. The case, Ferrier v. State Farm Fire and Casualty Company, is …
POSTED MAY 06, 2026 5:00 AM |
Electrical Fire Closes Broadway Theater Showing ‘The Book of Mormon’
A fire broke out Monday in the Broadway theater that hosts “The Book of Mormon,” forcing the long-running musical to close, at least temporarily, as the historic venue undergoes repairs. The blaze, which began in an electrical room, caused “substantial …
POSTED MAY 05, 2026 9:46 PM |
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