June 8, 2021
Three priests have been placed on leave in response to claims in a lawsuit filed last month that they sexually abused a boy in the 1990s, the Diocese of Buffalo announced Saturday. Bishop Michael Fisher said the priests all “deny …
June 8, 2021
General Motors Co. plans to offer subscriptions for its Onstar Guardian security services to anyone in the United States or Canada who wants to download a smartphone app, expanding beyond owners of GM vehicles in a step to generate recurring …
June 8, 2021
A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use of facial recognition technology, such as Amazon and Facebook, to do so in an ethical way. The investor …
June 8, 2021
The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial system to cope with climate change, saying the results will not be used to determine capital requirements for now. The …
June 8, 2021
Contaminants released from the wreckage of a container ship off the coast of Sri Lanka could be dragged thousands of kilometers by ocean currents, impacting wildlife and humans in far-reaching latitudes. Authorities and salvage crews are now working to prevent …
June 8, 2021
The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among the major concerns prompting insurers to reduce risk and charge higher premiums, a trend likely to continue as …
June 8, 2021
The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial Pipeline Co. last month in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the …
June 8, 2021
Attorneys who are hired by insurance carriers to defend policyholders from lawsuits have a duty to represent the insured, but the insurer is paying their fees. Obviously, the insurer has a financial interest in the outcome of the litigation. The …
June 8, 2021
Federal investigators are offering $2,500 rewards for tips leading to people who set fires inside Walmart stores in Alabama and Mississippi. The FBI posted Saturday security camera photos of masked people inside stores in Mobile, Alabama, and Gulfport, Mississippi. News …
June 8, 2021
MILAN – Italian insurer Cattolica said on Monday it had decided to delay a planned 200 million euro ($244 million) cash call to give its shareholders the chance to take up a buyout offer by bigger peer Assicurazioni Generali. Generali, …