By Andy Sullivan, Matt Tracy and Michelle Conlin(Reuters) – Hurricane Milton threatens to swamp Florida’s troubled property-insurance market, potentially pushing prices higher and threatening coverage in a storm-prone region that already has the highest insurance costs in the nation.The mammoth storm, which analysts estimate could cause $60 billion to $100 billion in insured losses, is churning toward a state that has been shunned by national insurers, leaving residents to seek coverage in a market where commercial providers regularly fail or refuse to pay claims.”These are additional risks that, based on the fundamental principles of insurance, should not be present,” said…
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Mansory, renowned for its extravagant and often controversial modifications, has once again pushed the boundaries with its latest creation: a heavily modified Ford GT. This particular build, which debuted several years ago, has aged poorly, revealing its kitschy design choices and lack of refinement. The over the top body kit, featuring aggressive lines, excessive carbon fiber elements, and exaggerated air intakes, clashes with the original car’s sleek and understated aesthetic. The result is a jarring and visually unappealing vehicle that fails to capture the spirit of the iconic Ford GT. Mansory’s Controversial Ford GT Redesign: Bold Styling Meets Extreme Performance…
By Zaheer Kachwala and Akash Sriram (Reuters) – The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in artificial intelligence, even though a final outcome may be years away, analysts said. The DOJ said on Tuesday it may ask a judge to force Google to divest parts of its business such as its Chrome browser and Android operating system, that the Alphabet-owned company used to maintain an illegal monopoly in online search. It is only one of the many potential fixes prosecutors are considering. Barring Google…
A Californian startup, a pioneer in the US market for light electric vertical takeoff and landing (eVTOL) aircraft, has achieved a remarkable milestone. With over 1,000 human piloted flights, this company has set a new industry standard. The flights, conducted by both the Pivotal team and early access program customers, represent a groundbreaking achievement in the field of light electric aircraft. The company’s pre production aircraft, the BlackFly, gained immense popularity for its accessibility to non professional pilots. Through an early access program, a select group of owners gained firsthand experience with the aircraft. Their valuable feedback played a crucial…
The Brazilian state of Pará has agreed to sell millions of carbon credits to multinational corporations, including Amazon, Bayer and Walmart Foundation, but many challenges loom.Experts are concerned the deal is overly ambitious and worry about the state’s long history of carbon credit project scams.Although Indigenous, Quilombola and extractive community entities support the arrangement, other community members state they have not been consulted about the project on their lands.See All Key Ideas NEW YORK CITY, U.S. — The Brazilian state of Pará, home to a quarter of the country’s Amazon Rainforest, signed what it has deemed “the largest carbon credit…
The BMW X5 M50i is a powerful and luxurious mid-size SUV that offers exceptional performance and comfort. Its 523 horsepower V8 engine and all wheel drive system allow it to accelerate from 0 to 60 mph in just 4.1 seconds, making it one of the fastest SUVs on the market. However, for those who crave even more power, G-Power offers several tuning options that can increase the output to up to 661 horsepower. With its luxurious interior and advanced technology features, the X5 M50i is a great choice for drivers who want a premium SUV that can handle any driving…
(Reuters) -OpenAI has seen a number of attempts where its AI models have been used to generate fake content, including long-form articles and social media comments, aimed at influencing elections, the ChatGPT maker said in a report on Wednesday. Cybercriminals are increasingly using AI tools, including ChatGPT, to aid in their malicious activities such as creating and debugging malware, and generating fake content for websites and social media platforms, the startup said. So far this year it neutralized more than 20 such attempts, including a set of ChatGPT accounts in August that were used to produce articles on topics that…
Hyundai, established in 1947 as a construction company, ventured into the automotive industry in 1975 with the Pony, South Korea’s first mass produced car. The Pony, a subcompact model, faced stiff competition from more established Japanese brands, but it marked the beginning of Hyundai’s journey to become a global automotive powerhouse. Despite a rocky start and reliance on foreign technology, Hyundai has achieved remarkable growth. Today, it is one of the world’s leading automotive manufacturers, selling over 4 million vehicles annually and holding the third position in global sales. Hyundai’s 100 Millionth Vehicle: A Milestone in Innovation and Global Success…
Land Rover, the British 4×4 specialist, recently celebrated the island of Ibiza with their Destination Defender event. Despite September being technically autumn, the company chose Ibiza, a well-known party island, as the location for the event. They also announced the exclusive Eivissa Limited Edition as a tribute to the island’s vibrant culture. While the Spanish and other nationalities are concerned about the negative effects of excessive tourism, Ibiza is unlikely to stop the party anytime soon. Land Rover’s event, which took place between September 12 and 29, showcased the company’s presence on the island and highlighted its lively nightlife. Land…
Q3 2024 U.S. common dividend increases were $14.1 billion, down 31.1% from $20.4 billion in Q2 2024 and down 21.9% from $18.0 billion in Q3 2023.Q3 2024 U.S. common dividend decreases were $4.6 billion, up 3.9% from $4.4 billion in Q2 2024, and down 50.5% from $9.2 billion in Q3 2023.Q3 2024 net indicated dividend rate change increased $9.5 billion. For the 12-months ending September 2024, U.S. common dividend increases were $74.7 billion up 16.9% from the 12-month September 2023 period’s $63.9 billion; decreases were down 26.4% to $19.5 billion compared to $26.4 billion for the prior 12-month period.The net…