A Canadian financial regulator released draft guidelines on Thursday to mitigate the risks of climate change as the country’s financial institutions prepare for mandatory disclosures starting in 2024. The guidelines, issued by the Office of the Superintendent of Financial Institutions …
DAVOS, Switzerland – NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil fuel, the Dutch insurer’s CEO David Knibbe said on the sidelines …
DAVOS, Switzerland – Financial firms already struggling with climate-compliance due to unclear measurement metrics will soon face new disclosure requirements for biodiversity, or nature-related, investments. “Nature is a financial risk for business,” Elizabeth Mrema, co-chair of the Taskforce on Nature-related …
Billionaire Elon Musk was sued by Twitter Inc .investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc. mounts a $44 billion takeover bid for the social media platform. The investors said …
The North Carolina Department of Transportation has armed itself with an advanced flood-warning system designed to help pass the word to motorists on any flood risks to roads, bridges and culverts. A news release from the department says the system …
Efforts by financial firms and others to bring workers back to Manhattan offices more than two years after the start of the coronavirus pandemic face persistent headwinds, consultants said, with commuters still worrying about COVID-19 as well as safety. New …
Massachusetts has sued more than a dozen companies involved in the manufacture or marketing of so-called forever chemicals, alleging they knowingly polluted the environment and endangered public health, state Attorney General Maura Healey said Wednesday. The companies have known about …
The Superior Court of Lewis County upheld Washington Insurance Commissioner Mike Kreidler’s fine and cease-and-desist order against Armed Citizens Legal Defense Network Inc. for illegally acting as an insurer in Washington. In March 2020, Kreidler ordered Armed Citizens to stop …
Two former police officers whose gender discrimination and sexual harassment lawsuit led Philadelphia’s police commissioner to resign have won a $1 million verdict against the city. A federal jury on Tuesday found that Cpl. Audra McCowan and Patrol Officer Jennifer …
Climate change could hit the U.S. Corn Belt especially hard, a study from Emory University finds. Without “major technological advances in agricultural practices,” the U.S. Corn Belt will be unsuitable for cultivating corn by 2100, moderate projections show. The study …
