Johnson & Johnson was ordered to pay $344 million for misrepresenting the risks of vaginal-mesh implants to consumers in California, the first state to bring its claim against the company to trial after thousands of U.S. women sued and some …
Specialty insurance wholesaler AmWINS Group said that Matthew Crane will succeed Frank Murphy as chief executive officer of THB Group and president of the International division of AmWINS, effective once Crane’s existing contractual terms are met later this year. THB …
The European Union has accepted there is no escape from facial recognition, but is seeking to ensure any roll-out that includes U.S. and Chinese players will abide by European values like strict personal privacy. Facial recognition has emerged as a …
The European Union and Britain clashed over a post-Brexit trade deal on Monday with Prime Minister Boris Johnson insisting he need not sign up to the bloc’s rules and Brussels warning of tariffs and quotas unless he did. Britain wants …
Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, said the latest sigma report published by Swiss Re. This is leading to …
Burger King, saying it never billed its “Impossible Whoppers” as vegan or promised to cook them a particular way, said a proposed class action by a vegan customer over the plant-based patties being cooked on the same grills as meat …
Companies around the world have warned that a coronavirus outbreak in China could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights. FINANCIAL IMPACT: * Apple gave a wider-than-usual revenue outlook range for …
The economic and diplomatic costs of China’s coronavirus epidemic mounted on Monday with investors knocking $400 billion off the value of stocks and the government accusing the United States of over-reacting to the outbreak and whipping up panic. The number …
It appears that bill in South Carolina requiring anyone using a cellphone while driving to not hold the phone in their hands will not pass this year. The Senate Transportation Committee decided Wednesday to not vote on the bill. It …
Gov. Jim Justice’s office announced on Friday that West Virginia will receive more than $131 million (118 million euros) to replace schools in Nicholas County that were destroyed by flooding in 2016. The money comes from the Federal Emergency Management …
