News

Fragmented Europe to Make New Bid for US-Style Capital Market

After years of struggling to raise capital in European Union markets, Mews – a hospitality software firm with Czech roots – finally secured funding by registering as a Dutch company. For its next step, Mews is looking even further from …

Apple Warns of ‘Mercenary Spyware Attack’ on Users in India, 91 Other Countries

Apple Inc has warned its users in India and ninety-one other countries that they were possible victims of a “mercenary spyware attack,” according to a threat notification email that was sent to targeted users. The company discovered that attackers tried …

Death Toll From Italian Hydroelectric Plant Explosion Rises to 7

Divers in northern Italy have recovered the last two bodies of workers killed by an explosion that collapsed and flooded several levels of an underground hydroelectric plant, bringing to seven the number of confirmed dead, officials said Friday. The explosion …

BNP Paribas to Acquire Fosun’s Stake in Belgian Insurer Ageas

BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in Ageas from China’s Fosun Group for about 730 million euros ($780 million), making it the biggest shareholder in the Belgian insurer. The deal ends months …

1 Dead and 13 Injured in Semitrailer Crash at a Texas Public Safety Office

BRENHAM, Texas (AP) — A Texas semitrailer driver rammed a stolen 18-wheeler through the front of a public safety building where his renewal for a commercial driver’s license had been rejected, killing one person and injuring 13 others, authorities said …

Kansas Governor Signs Law to Increase Benefits to Injured Workers

TOPEKA, Kan. (AP) — Kansas will increase what have been among the lowest benefits in the U.S. for workers who are injured or killed on the job under bipartisan legislation that Gov. Laura Kelly signed into law Thursday. The new …

New York City to Pay $17.5M, End Ban on Religious Head Coverings in Mug Shots

New York City has agreed to pay $17.5 million to settle a lawsuit filed by two Muslim women who were forced to remove their head coverings to be photographed after they were arrested. The class-action lawsuit was filed in 2018 …

World Insurance Associates Acquires InterWeb Insurance in Arizona

World Insurance Associates LLC acquired the business of InterWeb Insurance in Lake Havasu City, Arizona. InterWeb was founded in 2008 and primarily provides commercial insurance, focusing on errors & omissions coverage for customers in the financial services sector. World Insurance …

Insurer Bowhead Specialty’s IPO Filing Shows Profit More Than Doubled in 2023

Bowhead Specialty Holdings disclosed on Friday that its net profit more than doubled in 2023, as the insurance underwriting company made its IPO filing public amid a rebound in fresh U.S. listings. The U.S. initial public offering market is expected …

Supreme Court Allows More Transport Workers to Bypass Arbitration and Sue Employers

The U.S. Supreme Court on Friday paved the way for more truck drivers and other transportation workers to file employment-related lawsuits in court rather than private arbitration, ruling that an exemption from arbitration extends to workers outside of the transportation …

News Archives by Month