Donald Trump on Sunday defended plans to receive a new Air Force One as a gift, after reports he will accept a luxury Boeing jet from Qatar despite strict rules on presents for US presidents. The US president has long been unhappy with the Air Force One jets -- two highly customized Boeing 747-200B series aircraft.
A luxurious superyacht that belonged to Russian billionaire Suleiman Kerimov may be headed to the auction block after a US judge on Monday dismissed a competing claim to ownership of the $300 million vessel.
Insurance market Lloyd's of London on Monday said it had taken a financial hit totalling about $2.3 billion from the Los Angeles wildfires earlier this year. Lloyd's of London published financial results on Monday showing pre-tax profits of $11.4 billion for 2024, slightly less than the previous year.
The US Energy Secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate change as industry leaders gathered at their biggest event since President Donald Trump returned to office.
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