Los Angeles fire losses could reach $30 billion for insurers

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Benjamin Fanjoy/Bloomberg via Getty Images (LOS ANGELES) — Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs estimated in a report released this week. After accounting for non-insured damages,

US to ban Russian, Chinese software and hardware in vehicles

Ditto/Getty Images (WASHINGTON) — The United States is going to ban Russian and Chinese software in vehicles, according to the Department of Commerce, due to national security concerns. The final rule, posted on the federal register Tuesday