August 13, 2019
Lyft Inc.’s image as the “woke” ride-hailing company faces a new challenge from a rash of lawsuits filed by women who claim they were sexually assaulted by drivers summoned to take them home after evenings of partying. Since Aug. 1, …
August 13, 2019
Age discrimination affects more than one-fifth of U.S. workers over the age of 40, a particular number of which are men, according to a survey from specialty insurer, which warns companies to be mindful of the related workplace liabilities. “Age …
August 13, 2019
AIG President and CEO Brian Duperreault said that the evolving, hardening market is sustainable and dovetailing nicely with the insurer’s ongoing efforts to shed excessively risky business. He also announced that AIG will be investing in operational improvements with a …
August 13, 2019
Payroll management firm Paychex is now making cyber liability insurance available to its clients through Paychex Insurance Agency and AXIS Insurance Co. The policy helps business owners mitigate the potential financial impact of data breaches, hackers, ransomware, and online banking …
August 13, 2019
At a conference where hackers can try their hand at picking locks and discover cyber vulnerabilities in a makeshift hospital, they can also endeavor to break into the control units of cars and take over driving functions. Those efforts at …
August 13, 2019
U.S. Transportation Secretary Elaine Chao said on Monday she has asked the new head of the Federal Aviation Administration (FAA) to assess the agency’s performance in the wake of two fatal crashes of Boeing Co.’s 737 MAX planes since October. …
August 12, 2019
Almost four months ago, the bankrupt estate of Sears Holdings Corp. sued Eddie Lampert and U.S. Treasury Secretary Steven Mnuchin over allegedly wrongful transfers of $2 billion in company assets. Now lawyers representing the two men have asked the federal …
August 12, 2019
Bond insurance company MBIA Inc. sued several financial institutions on Thursday over their role in underwriting billions of dollars of Puerto Rico bonds that eventually went into default. The lawsuit filed in superior court in San Juan claimed the banks …
August 12, 2019
Government meteorologists say this year’s hurricane season may be busier than initially expected now that summer’s weak El Nino has faded away. The National Oceanic and Atmospheric Administration’s Climate Prediction Center said Thursday the Atlantic season looks more active than …
August 12, 2019
A federal appeals court on Thursday rejected Facebook Inc.’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent. The 3-0 decision from the 9th U.S. Circuit …