Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers. The lawsuit, filed by Delaware Attorney …
Eight months after Chief Executive Officer Brian Duperreault took over and began to undo his predecessor’s retrenchment strategy, the company announced a $5.56 billion, all-cash deal to purchase Bermuda reinsurer Validus Holdings Ltd., its largest standalone acquisition in 17 years. …
Regulatory developments, such as the EU’s new data protection law, will dominate priorities for the London company insurance market in 2018, according to the International Underwriting Association in its annual business plan. While preparations for Brexit will continue to require …
Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the rules will be enforced. The General …
A key to preventing cyber attacks from crippling U.S. power grids could be changing passwords on internet routers, wifi-connected thermostats and smart lawn-sprinklers. “A significant share” of internet attacks result from unchanged factory default passwords on web-connected devices that allow …
Many companies are looking past quarterly results to discover long-term economic opportunities in U.N. goals to end poverty and protect the planet, the head of an international business commission has said. Mark Malloch-Brown’s Business and Sustainable Development Commission has contacted …
McDonald’s Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a trial that began …
Saudi Arabia asked a U.S. judge to throw out lawsuits claiming it helped al-Qaeda carry out the Sept. 11 terrorist attacks, arguing the victims haven’t provided any evidence to back their cases. Michael Kellogg, a lawyer for the Kingdom, said …
Luxembourg’s finance minister Pierre Gramegna said on Friday the European Commission should stick to the current rules that allow funds managed in London to be domiciled and regulated in another country. His comments pit the tiny and wealthy country against …
The Iranian tanker that sank after a collision in the East China Sea, causing the worst oil ship disaster in years, had its paperwork in order, according an initial review by maritime authorities in Panama, whose flag it was sailing …
