Patricia Wells

The recent agreement between the United States and China to lower tariffs has brought a sigh of relief to many Chinese exporters who have been struggling since the trade war began. Under this deal, the hefty 145% tariffs imposed by the Trump administration on most Chinese goods will be reduced to 30% by May 14. … Read more

At least 10 people in the U.S. have become ill due to a listeria outbreak linked to ready-to-eat food products. Fresh & Ready Foods LLC, based in San Fernando, California, is recalling several items as federal officials investigate the situation. The U.S. Food and Drug Administration (FDA) announced that the outbreak has affected individuals in … Read more

California’s largest homeowners insurer, State Farm, is set to raise rates significantly after suffering major losses from wildfires in Los Angeles. An administrative law judge has recommended that the California Insurance Commissioner approve this interim rate hike, but the final decision still rests with Commissioner Ricardo Lara. The proposed increases are substantial: a 17% rise … Read more

QBE North America has introduced a new commercial property insurance product aimed at large businesses across the United States. This offering is designed to provide tailored coverage solutions that meet the unique needs of various industries. The new product features all-risks coverage that can be structured in different ways, including primary, quota-share, buffer, or excess … Read more

London commuters are facing major disruptions after a power failure affected parts of the underground network. Trains on the Bakerloo, Jubilee, Piccadilly, and Northern lines are either delayed or not running at all in some areas. The Elizabeth Line, which connects to Heathrow Airport, is also experiencing significant delays. While some services began to resume … Read more

Insurance broker Marsh USA has taken legal action against former employees and competitor Willis Towers Watson (WTW) in a New York court. Marsh claims that these individuals are plotting to lure away its aviation and space insurance clients using confidential information. In its lawsuit, Marsh accuses WTW, along with Garrett Hanrahan and John Andrews—both former … Read more

Many football fans were stunned when quarterback Shedeur Sanders slid to the fifth round of the 2025 NFL Draft. The University of Colorado star, who was widely expected to be a top pick, faced a long wait before being selected by the Cleveland Browns as the 144th overall choice. In a surprising twist, one devoted … Read more

President Donald Trump’s immigration policies are making it tougher for foreigners to buy and rent homes in Miami. This situation is threatening the city’s economic growth, which has been strong for the past five years. Miami has already been experiencing a slowdown in real estate due to rising mortgage rates and high property prices. The … Read more

Federal investigators are piecing together the tragic details of a plane crash that occurred last month in upstate New York, claiming the lives of a Massachusetts family. The family was traveling to the Catskills to celebrate a birthday and the Passover holiday when the accident happened on April 12. The victims included Karenna Groff, a … Read more

Ken Griffin’s Citadel is pushing for a new law in Florida that would allow employers to enforce four-year non-compete agreements and garden leave for high-earning employees. This proposed legislation has moved swiftly through the state legislature and is now awaiting the governor’s approval. Supporters argue that it will help keep companies competitive by preventing key … Read more