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As an insurance industry veteran, I’ve had a front row seat to watch many insurtechs adopt growth assumptions borrowed from industries where scale eventually delivers profitability. Insurance doesn’t work that way. Overseeing a $100m turnaround taught me how businesses...

Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed.Global crude benchmark Brent fell as much as 5.2%...

The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s official data seem like a Potemkin village.In a New York Times op-ed on Wednesday, Foreign Minister Maria Malmer Stenergard cautioned the...

When John Kurz left Alaska’s North Slope in 2009, he was staring at a grim future for what had once been the country’s premiere oil field. Crude production had plummeted to 567,000 barrels per day, barely more than a quarter of the...

President Donald Trump’s emerging deal to end the Iran war is drawing heavy criticism from some fellow Republicans who favor a harder line against the government in Tehran and fear a lost opportunity to finally rein in a longtime Mideast nemesis.The deal the...

Iran’s regime may be wondering if an emerging deal to extend its ceasefire with the U.S. is too good to be true.While talks are ongoing with key details still to be worked out, the outlines of a deal...

The defendants were found guilty in 2025, three years after the investigation began, of diverting funds by faking meal counts and submitting false reimbursement claims, then spending the money they got on luxury homes and cars. Other federal investigations...

Elon Musk’s SpaceX is preparing for the biggest IPO in history, and its next-generation Starship vehicle may be the key to its sky-high valuation.At 408 feet tall, the fully reusable Starship V3 looms higher than any previous version. It...

About 28 years ago, I was reporting a story from my desk at Wired titled “The Hot New Medium Is … Email.” This was an unusually personal report because I was partly its subject — a creator of a then-novel...

It has become much harder to forget since the effective closure of the Strait of Hormuz.Hundreds rather than the usual thousands of vessels have passed through the strait since March 5.“This really feels like a global crisis, a little...