Just a few years after banks helped create a gargantuan market for blank-check companies, they’re pulling away from the deals, afraid of the risks. Goldman Sachs Group Inc. is ending its involvement with most of the special purpose acquisition companies …
Britain said on Tuesday it will require its regulators to help the City of London remain a globally competitive financial center after being largely cut off from the European Union due to Brexit. The government outlined planned legislation marking the …
A former moderator working for Facebook owner Meta Platforms Inc. on Tuesday filed a lawsuit alleging that poor working conditions for contracted content moderators violate the Kenyan constitution. The petition, also filed against Meta’s local outsourcing company Sama, alleges that …
Australia’s AUB Group has entered into a binding agreement to purchase UK insurance broker Tysers for A$880 million (US$615.2 million) from private equity firm Odyssey Investment Partners. AUB Group recently raised A$350 million (US$244.7 million) from existing institutional investors and …
PARIS (AP) – The lone survivor of a 2009 plane crash that killed 152 other people was expected to attend the trial of Yemen’s main airline which opened Monday in Paris. At just 12 years old, Bahia Bakari clung to …
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty (AGCS) said in a report on Tuesday. Two seafarers …
Lawsuits and criminal accusations have erupted after a luxury car dealer in South Florida filed for bankruptcy and as many as 90 Lamborghinis, Ferraris and other high-priced cars disappeared from the dealership. At least nine people have filed suit in …
If insurers and employers want to deny a workers’ compensation claim because it was filed too late, they shouldn’t forget about an employee’s visit to the company doctor, which extends the clock under the quirks of North Carolina’s comp statutes. …
Workers’ compensation insurers in Florida will no longer have to ship posters to their insured employers if a rule change is finalized this summer. The familiar “broken arm poster” has been a fixture in workplaces for decades, letting employees know …
The city of Boise, Idaho, has agreed to settle a sex discrimination lawsuit filed by a former Boise police officer for $400,000. Federal court documents filed Thursday say the city agreed to settle the lawsuit with Sierrna Berg. Berg is …
