Three female former employees of Alphabet Inc.’s Google filed a lawsuit on Thursday accusing the tech company of discriminating against women in pay and promotions. The proposed class action lawsuit, filed in California state court in San Francisco, comes as …
New European Union regulations on foreign exchange trading will make it harder and more expensive to manage currency risk, traders said, especially for large financial counterparties such as hedge funds and insurance companies. The regulations will impose “variation margins” on …
Hong Kong-based insurance giant AIA Group Ltd. has shown interest in buying Commonwealth Bank of Australia’s insurance business, which is likely to be valued at about $4 billion, people with knowledge of the matter said. Separately, Zurich Insurance Group AG …
Investigators are trying to determine what caused a fire that destroyed a large section of a northern New York motel in the heart of a popular Thousand Islands tourist destination. Officials say the fire broke out around 12:30 a.m. Wednesday …
Standard Chartered was to meet Britain’s Financial Conduct Authority this week over allegations of corruption at an Indonesian power plant company majority-owned by its private equity arm, a source familiar with the matter said on Monday. The bank in September …
The number of people without health insurance in Pennsylvania continues to decline, reaching what Democratic Gov. Tom Wolf’s office says is the lowest uninsured rate on record. U.S. Census Bureau data released this week shows Pennsylvania’s 2016 uninsured rate at …
Ascinsure Specialty Risk LLC, based in Pittsburgh, Penn., has hired Michael Goff to join the Ascinsure team as its senior vice president. Within this role, Goff will manage Ascinsure’s underwriting and wholesale divisions, including spearheading business development goals and overseeing …
The U.S. Environmental Protection Agency on Thursday said it will reconsider a rule regulating coal ash waste from power plants in a win for utility industry groups that petitioned for changes. The EPA, the lead environmental regulator in the United …
The U.S. Transportation Department unveiled a new policy that permits companies developing autonomous vehicles to self-police the technology’s safety, a move that drew plaudits from automakers but criticism from safety advocates. Transportation Secretary Elaine Chao said the policy incorporates concerns …
French insurer Axa SA is reviewing options for its European asset management unit amid consolidation in the sector, according to people familiar with the matter. Axa is considering a merger or joint venture for the business, the people said, asking …
