Apple Inc., seeking to defend a business that generates roughly $17 billion a year, is appealing a US sales ban of its smartwatches after the White House refused to overturn the measure. Apple will challenge the ban — imposed by …
Tesla is recalling just over 120,000 Model S and Model X vehicles in the United States over the risk of doors being unlocked and opening during a crash, the automaker said Friday. Tesla released an over-the-air (OTA) software update for …
A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were …
U.S. airlines say they are prepared for busier end of year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion. The U.S. Federal Aviation Administration expects Thursday to …
The Insurance Information Institute (Triple-I) announced the appointment of four new Non-Resident Scholars (NRS). Teresa Chan, Director – Insurance Management Program School of Professional Studies, Columbia University Seth Rachlin, Assistant Teaching Professor, Social Data Science, Arizona State University Joan T. …
In an era of heightened climate risks and evolving insurance dynamics, the traditional insurance model faces a conundrum. Insurers find themselves grappling with the aftermath of more frequent and severe storms, and struggling to collect adequate premiums while navigating stringent …
Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday. The move, along with other actions, highlights the …
The U.S. Food and Drug Administration (FDA) on Wednesday classified the recall of Philips’ medical imaging devices as most serious as their use could cause serious injuries or death. The Dutch medical devices maker started the process on Nov. 30 …
Honda Motor‘s American unit is recalling 2.54 million vehicles in the United States over risks of fuel pump failure, the first recall for the issue by the Japanese automaker. Honda previously recalled 628,000 U.S. vehicles in 2021 and 136,000 in …
Rite Aid Corp. must stop using facial recognition for the next five years as part of a privacy settlement with the US Federal Trade Commission, which said the pharmacy chain misused the technology to mistakenly tag consumers as shoplifters. In …
