Archive for April 2025

The landmark $2.8 billion settlement that will reach into every corner of college athletics in the months ahead had its final hearing Monday, including athletes who criticized the sprawling plan as confusing and one that undervalued them, and attorneys who … Source: Claims Journal

The European Union approved tariffs to hit around €21 billion ($23.2 billion) of US goods in retaliation for the 25% duties President Donald Trump imposed last month on the bloc’s steel and aluminum exports. A majority of the EU’s 27 … Source: Claims Journal

Jazz Pharmaceuticals said on Tuesday that it had agreed to a settlement of $145 million to resolve a series of antitrust lawsuits related to its narcolepsy drug, Xyrem. Xyrem, a medication approved in the U.S., is used for the treatment … Source: Claims Journal

Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked to impose steep tariffs on China, Mexico, and Canada, the administration on April 2 applied … Source: Claims Journal

ATI Restoration has named Gabe Diab chief financial officer. Diab has more than two decades of experience in financial and operational leadership experience. He was most recently chief financial officer and chief operating officer of Ascential Technologies. Prior to that, … Source: Claims Journal

Hackers intercepted about 100 bank regulators’ emails for more than a year, gaining access to messages containing agency deliberations and sensitive details about banks it oversees, according to two people familiar with the matter. The attackers were able to monitor … Source: Claims Journal

The Trump administration’s move to gut the agency tasked with ensuring workplace safety is facing intensifying pushback, including from the nation’s largest auto union and a conservative lawmaker, in one of the more prominent public fights against some of the … Source: Claims Journal

Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to two people familiar with the matter. … Source: Claims Journal

Irish authorities warned that warm and dry conditions, combined with dead vegetation, pose a high risk of wildfires across the country this week. Ireland’s Department of Agriculture, Food and the Marine has issued an orange alert through April 14, saying … Source: Claims Journal

With the Los Angeles fires in January and last week’s severe storms that brought flooding and tornadoes to the Midwest, extreme weather is already battering U.S. homes in 2025. Homeowners should expect their insurance rates to jump accordingly, says Insurify, … Source: Claims Journal