Hedge Funds Snap Up LA Wildfire Deals as Backlash SputtersHedge funds are stepping up purchases of legal claims tied to the 2025 Los Angeles wildfires, after political opposition to the deals lost steam.
China Proposes Curbs on Hidden Handles, Virtual ControlsChina proposed banning fully hidden car-door handles and requiring physical controls for certain safety-critical functions as regulators seek to strengthen oversight of vehicle design and product testing, according to draft rules issued for public comment by the Ministry of Industry and Information Technology and three other agencies.
Dual Tropical Storms Hit Both US Coasts With Floods and OutagesMore than 440,000 homes and businesses from Pennsylvania to Florida are without power and flood threats are rising at both ends of the country as the US deals with a rare double tropical threat from the remnants of storms Isaias off the Atlantic and Rachel moving into the Southwest from the Pacific.