BMW CEO: iX3 Electric SUV Will Be Industry ‘Benchmark'
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Yahoo
24 minutes ago
- Yahoo
W. R. Berkley Corporation Names Wayne Ashley President of Berkley Re UK Limited
GREENWICH, Conn., August 04, 2025--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Wayne Ashley as president of Berkley Re UK Limited effective October 2025. Clare Himmer will continue as Berkley Re UK's chief executive officer with the expectation that Mr. Ashley will succeed her as CEO upon her retirement at the end of 2025. W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, "Clare's leadership at Berkley Re UK has been instrumental in continuing to build a strong presence across the U.K. and European reinsurance markets. Her contributions have left a lasting positive impact, and we are deeply appreciative of all she has achieved on behalf of the Company. We're pleased that Clare will remain an integral part of our organization through the transition—her insight, experience, and guidance continue to be a tremendous asset to the entire group. We are excited to welcome Wayne to the BRUK team. With a strong background and proven industry track record, Wayne is well-positioned to play a pivotal role in propelling the company forward. His addition marks an exciting chapter in our ongoing growth, and we warmly welcome him to Berkley." Mr. Ashley has over 30 years of experience in the international reinsurance market. He most recently led the London division of a leading multi-line global reinsurer, where he was responsible for the overall management and development of international property and casualty reinsurance business outside of North America and Bermuda. Clare Himmer, who joined Berkley Re UK in 2021, has had a successful 33-year career in the property and casualty reinsurance industry. She will continue to lead the organization through the transition and will remain a valuable resource for both the Berkley Re UK team and W. R. Berkley Corporation. For further info about products and services available from Berkley Re UK Limited, visit Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit View source version on Contacts Karen A. HorvathVice President - External Financial Communications(203) 629-3000
Yahoo
24 minutes ago
- Yahoo
This Tweet By Trump's Energy Department About Going Back To Coal Is Getting Torn Apart For Being "Delusional"
President Donald Trump has promised to revive the coal industry, and the Energy Department is serving notice that it's ready to move forward. The tweet on the Energy Department's official X feed shows a piece of coal and a Wendy Williams phrase that's become a meme: Trump has long promoted coal and other fossil fuels, and he has a grudge against most forms of clean energy. He famously despises windmills, but also isn't fond of solar ― nor does he like green-powered vehicles such as electric cars, despite briefly promoting former friend Elon Musk's Tesla vehicles at a White House event this year before the two fell out. Trump has also declared a national emergency to fast-track new energy production ― specifically nuclear, oil, gas, and coal. He seems to favor coal in particular, signing multiple executive orders to help the industry since taking office. Critics fired some clean burns back at the agency: Related: Related: Related: Related: This article originally appeared in HuffPost. Also in In the News: Also in In the News: Also in In the News:
Gizmodo
25 minutes ago
- Gizmodo
So Far, Elon Musk's Revival of Vine Is Seriously Disappointing
For quite some time now, Elon Musk has been promising to bring back Vine. Back in the day, the short-lived TikTok precursor allowed users to post dopey 6-second videos that looped and could be easily shared. However, as the Tesla billionaire's plans for the short-form video distributor come into view, it increasingly seems like he (as per usual) got us all excited for nothing. Vine, which was purchased by Twitter in 2012, has been officially dead for a little over half a decade now. After Twitter killed uploads of the app's videos in 2016, Vine's archive subsisted for another three years or so until 2019, when the platform pulled support for it. Since then, all that has survived is a nostalgia for those halcyon days when short-form video was novel and joy-inducing, instead of being a grim staple of our increasingly frenetic information landscape. Musk initially floated the idea of bringing the video-sharing app back in 2022, not long after he purchased Twitter. Since then, he has repeatedly teased the app's return, much to the delight of site users. Last April, Musk again touched on resurrecting Vine with one of his many X polls. 'Bring back Vine?' he asked. A vast majority of respondents voted 'yes.' In January, an X user tweeted at Musk, 'think it's time to bring it back.' And the Tesla CEO personally replied, 'We're looking into it.' However, as Vine's 'return' has approached, it seems increasingly clear that the app may not be exactly how you remember it. On Monday, Musk promised that the archive of old Vine videos would return in some form. However, it seems increasingly doubtful that the app will be an active service that users can use to make new videos. Instead, Musk has implied that Grok's new AI video generator, Imagine (which, Musk has bragged, can be used to create NSFW material), will act as a replacement. 'Grok Imagine is AI Vine!' Musk wrote, in an X post on Saturday. Little other information was shared, but it left onlookers with the sad suspicion that the new Vine won't resemble the fun-fueled video clips of yesteryear and will be more about repackaging the AI-generated porn slop that's taking over everyone's feeds uninvited. Is Musk saying that Grok Imagine is the new Vine? Or will a new version of Vine be launched by X, alongside the archive of old videos? It's all unclear at the moment. If the resurrection of Vine just ends up being Grok's AI video app, with Musk dubbing it a 'return' of Vine, then we will all have been taken for a ride, once again. Gizmodo reached out to X for more information. That said, it's not like anybody really needs Vine now. The app occupies a peculiar spot in American tech history, in that it predated many other short-form video services that have gone on to become ubiquitous by copying its business model (see: Reels and TikTok). Yet despite being a pioneer in the category of apps whose primary societal contribution has been the shrinking of our collective attention span, it seems to have found success just a little too early. After Twitter's acquisition of the app, it enjoyed a few good years before confronting a boom of those competitor apps that ultimately outpaced it.
