February 12, 2024
A federal judge ordered Elon Musk to testify again in the U.S. Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for …
February 12, 2024
Amazon.com Inc. allegedly retaliated against three female employees — including firing one and placing another on a performance plan — after they sued the company for discrimination, the plaintiffs said in new court papers. In an amended complaint filed Friday, …
February 12, 2024
More than half of insurance companies expect to increase staff in the next year, according to the latest labor market study from Aon and the Jacobson Group. Meanwhile, 77% of carriers expect to increase revenue in the next 12 months. …
February 9, 2024
Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees. According to a complaint filed …
February 9, 2024
The top US artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology to ensure that it’s deployed safely and responsibly, the Commerce Department said Thursday. OpenAI, Anthropic, Microsoft Corp., Meta Platforms Inc. …
February 9, 2024
Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates. US sanctions forbid Western companies from knowingly doing business with Iran. …
February 9, 2024
Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown & Brown – reported generally strong revenues in 2023, with annual increases ranging from 7% (Aon) to 18% (Arthur J. …
February 9, 2024
Global warming exceeded temperatures of 1.5 degrees C over a 12-month period for the first time in record keeping. The European Union’s Copernicus Climate Change Service released its findings in its Global Climate Highlights 2023 report on Thursday, calling out …
February 9, 2024
Fourth quarter net income at CNA Financial Corp. was up about 54% to $367 million, and net income for the year increased 77% to a record $1.2 billion. CNA said its property/casualty segments recorded net premium growth during the quarter …
February 9, 2024
Inglis Elected to AIG’s Board of Directors The board of directors at American International Group, Inc., headquartered in New York, elected John (Chris) Inglis as an independent Director, effective March 1. Inglis is a former national cyber director and served …