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Supreme Court Rejects Use of Race in University Admissions

The US Supreme Court effectively barred universities from using race as a factor in university admissions, marking the start of a new era in higher education and rolling back decades of precedents. Voting 6-3 along ideological lines, the justices said …

Supreme Court Buoys Religious Employees Who Seek Accommodations at Work

The U.S. Supreme Court on Thursday bolstered the ability of employees to obtain accommodations at work for their religious practices, reviving a lawsuit by an evangelical Christian former mail carrier accusing the Postal Service of discrimination after being disciplined for …

California Workers’ Comp Insurer Combined Losses and Expenses in 2022 Were $15B

The Workers’ Compensation Insurance Rating Bureau of California released its report on workers’ compensation losses and expenses for 2022. Key findings in the report include: Medical losses paid in 2022 were $4.4 billion, or 53 percent of total loss payments. …

Part of Florida Quarantined Due to Stucco-Eating Giant African Land Snail

If it’s not malaria-carrying mosquitoes, it’s stucco-eating giant snails. Neighborhoods in Broward County are still under quarantine in an effort to limit the spread of the giant African land snails, which were found in the area recently. It is unlawful …

The New M&A Rules That Would Delay Million-Dollar Deals

The US antitrust agencies are requiring firms to turn over much more information about their transactions than before in an overhaul to merger rules that could delay deals by months. The revamp of the so-called Hart-Scott-Rodino filing process, a move …

People Moves: Marsh Names Butler as UK Cyber Leader; Chubb Appoints O’Donnell COO, Global Reins.; Everest Insurance Taps Marsh McLennan’s Leney to Lead APAC

This edition of International People Moves details appointments at Marsh, Chubb and Everest Insurance. A summary of these new hires follows here. Marsh Names Butler as UK Cyber Leader Marsh, the insurance brokerage business of Marsh McLennan, announced the appointment …

ChatGPT Creator OpenAI Sued for Theft of Private Data in ‘AI Arms Race’

ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit seeking class action status. OpenAI has violated privacy …

Britain and EU Sign Post-Brexit Cooperation Pact in Financial Services

Britain and the European Union signed a long-delayed post-Brexit cooperation pact in financial services on Tuesday, but the rapprochement is unlikely to restore EU access for the City of London anytime soon. The memorandum of understanding on regulatory cooperation was …

College Claim: Years of Research Ruined Because Cleaner Turned Off Lab Freezer

More than 20 years of cell cultures and other specimens stored at the Rensselaer Polytechnic Institute were destroyed when a cleaner switched off power to a lab freezer, according to a lawsuit filed by the school. RPI is seeking $1 …

HK-Based Virtual Insurer OneDegree Raises $27M in Fresh Funding Round

OneDegree Hong Kong Ltd., a virtual insurance firm, raised $27 million in a fresh funding round to fuel an Asia expansion and investments in artificial intelligence. The company attracted fresh cash from global financial institutions as well as additional capital …

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