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Generali to Purchase AXA’s Greek Operations for $203 Million

Assicurazioni Generali SpA agreed to buy the Greek operations of French insurer AXA SA as part of its plans to expand in European non-life and health businesses. The Italian company will pay 165 million euros ($203 million) for AXA Greece, …

Alphabet’s Wing Aviation Warns Proposed Drone ID Rules Invite Privacy Issues

Alphabet Inc.’s drone delivery unit Wing criticized Trump administration rules issued this week mandating broadcast-based remote identification of drones, saying they should be revised to allow for internet-based tracking. On Monday, the Federal Aviation Administration (FAA) issued rules that will …

Daimler to Pay $30M Penalty to End Delayed Truck Safety Recall Probe

Daimler AG’s North American truck unit on Thursday agreed to a $30 million U.S. civil penalty to resolve an investigation of delayed recalls, the second time since late 2019 the German automaker has agreed to settle a probe by U.S. …

Drugmakers Plan to Raise Prices in New Year: Reuters, 3 Axis Advisors

Drugmakers including Pfizer Inc., Sanofi SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors. The …

Newly Appointed Florida Deputy CFO to Focus on Insurance Fraud

Former Secretary of the Florida Department of Corrections Julie Jones has been appointed Deputy Chief Financial Officer within the Office of Chief Financial Officer, according to a statement from the Florida Department of Financial Services. As Deputy CFO, Jones will …

2022 Risk Watchlist for Directors & Officers Is Full: Insolvencies, Litigation, ESG, Cyber…

Corporate board members and company executives have a lot to worry about these says and can be held liable for an increasing range of scenarios. Key risks for directors and officers to watch in 2022 include the increased threat of …

Christmas Day Bombing Another Dark Day for Nashville Businesses, Residents

When Sandy and Geff Lee finally saw a photo of the building that was home to their Nashville boutique on the day after the Christmas morning bombing, a quiet came over the room. The rubble was overwhelming. Debris shadowed familiar …

Texas U.S. Attorney: Luxury Jeweler Pays Serviceman in Discrimination Case

The U.S. Attorney’s Office for the Southern District of Texas reported that luxury jeweler Harry Winston has paid a U.S. Army reservist to resolve a claim the company violated the Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA) …

Texas’ Move to Control Coal Ash Pollution Could Mitigate Tougher EPA Rules

Texas may soon get authority over the disposal of ash from coal-fired power plants, a change that could insulate coal companies from tougher rules expected under a Biden administration. A proposal introduced by the U.S. Environmental Protection Agency would allow …

2 Injured in Fire that Destroyed Southwest Missouri Grocery, Mosque

At least two people were being treated for injuries at hospitals in southwest Missouri after a fire destroyed a grocery store and an adjacent mosque that were gathering spots for immigrants in the small town of Noel, authorities said on …

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