December 21, 2023
A group of 11 nonfiction authors have joined a lawsuit in Manhattan federal court that accuses OpenAI and Microsoft of misusing books the authors have written to train the models behind OpenAI’s popular chatbot ChatGPT and other artificial-intelligence based software. …
December 21, 2023
Private equity firm Apollo-owned Aspen Insurance on Wednesday filed its paperwork for an initial public offering in the United States, according to a regulatory filing. The company did not disclose details about the size of the offering, but is reportedly …
December 21, 2023
Ardith Lindsey’s lawsuit accusing Citigroup Inc. of tolerating years of sexual harassment and assault against her struck a chord across Wall Street for many reasons, not least of which was her title: managing director. It’s typically the most senior rank …
December 21, 2023
Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed. The recall covers 2020 through 2022 model year vehicles including various Avalon, …
December 21, 2023
The company holiday party holds inherent potential for drama and danger. Holiday parties have bounced back big-time post-pandemic. The 2023 Challenger Holiday Party Survey from Challenger, Gray and Christmas, Inc. found that 64.4% of companies will have in-person holiday parties …
December 20, 2023
Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store – the same issue that went to trial in another case that could result …
December 20, 2023
A new AM Best segment report details asbestos and environmental (A&E) losses and reserve decline through the end of 2022. AM Best maintains its estimate for net asbestos losses at $100 billion and environmental losses at $46 billion as of …
December 20, 2023
Major automakers including General Motors, Toyota Motor and Volkswagen and two air bag makers said on Tuesday they oppose the U.S. auto safety regulator’s bid to require the recall of 52 million air bag inflators. Officials with the U.S. National …
December 20, 2023
A judge has barred expert witnesses from testifying that Johnson & Johnson spin-off Kenvue’s painkiller Tylenol can cause autism if mothers take it during pregnancy, finding that they failed to support their conclusions with scientific evidence. The ruling on Monday …
December 20, 2023
Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment. The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing …