Business

Lawsuits Say State Farm Cut Hail Damage Payouts

A support scientist looks at radar on his phone while tracking a supercell thunderstorm in Oklahoma. Hail damage contributed to $51 billion in insured losses last year from severe storms, according to the Insurance Information Institute, an industry-backed think tank.

Can Bypasses Break the Strait of Hormuz’s Oil Grip?

Four decades ago, the Strait of Hormuz revealed its deadly vulnerability to the global oil market. During the 1980 to 1988 Iran-Iraq war, both sides repeatedly targeted oil tankers in the strait, turning one of the world’s most vital crude arteries into a floating battlefield.

Inflation Undermines Teacher Pay Gains

The average salary for a public school teacher in the U.S. rose to $74,495 in the last school year, up 3.5% from the year before. But adjusted for inflation, today's teachers are estimated to be earning less, not more, than they were in 2017.

Rising Fertilizer and Fuel Costs Threaten Mississippi Farms

Sledge Taylor, 73, walks his corn fields just outside Como, Miss. on Friday, April 17, 2026. The corn stalks are currently between vegetative stages known as V3 and V5, normally when Taylor would be applying nitrogen fertilizer. But he said he may not do it this year because of the cost of fertilizer.

Germany cuts fuel tax by €0.17 per litre

Published April 24, 2026 last updated April 24, 2026 People in Germany could see gas prices fall next week after lawmakers approved a bill to lower the fuel tax by €0.17 per liter. Follow DW for these stories and more.

Shareholders Approve Paramount's Warner Bros Acquisition

Warner Bros. Discovery shareholders voted overwhelmingly on Thursday to approve the sale of the company to Paramount. The deal could reshape Hollywood and the American media landscape, which critics say is already dominated by just a few powerful players. The European Commission and several US states, including California, are reviewing the merger.

Palantir's Manifesto: Why Alex Karp's Ideas Spark Controversy

In his book The Technological Republic, Alex Karp lays out his take on the world, opening it with a blunt warning that Silicon Valley has lost its sense of direction. And Karp is not just anyone. The billionaire was recently included in Time Magazine’s list of the 100 most influential people worldwide.

EU unveils 'AccelerateEU' plan to tackle energy squeeze

The European Union (EU) on Wednesday announced a set of policy agendas aimed at easing the energy crisis triggered by the war in the Middle East. The European Commission presented a toolbox of measures named "AccelerateEU," designed to help member states manage current pressures and prepare for future disruptions.

Russia to halt Kazakh oil transit to German refinery

Russia plans to stop oil exports from Kazakhstan to Germany via the Druzhba pipeline from May 1, threatening a key refinery which supplies the vast majority of diesel, petrol and heating oil needed for the city of Berlin.