PE Firm Cinven Eyes Sale of German Life Insurer Viridium: Sources October 3, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Alexander Hübner Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was...
China Bars Executive at US Firm Kroll From Leaving Mainland: WSJ October 3, 2023 By Kari Lindberg and Tom Hancock China blocked a senior executive at US risk advisory firm Kroll from leaving the mainland, the Wall Street Journal reported,...
SMBC Aviation Receives Cash Insurance Settlement Over Jets Stranded in Russia October 3, 2023 By Shivansh Tiwary and Kantaro Komiya Ireland-based aircraft lessor SMBC Aviation Capital on Monday said it had received a cash insurance settlement of $710 million for...
McDonald’s, Wendy’s Defeat Lawsuit Over Size of Burgers October 3, 2023 By Jonathan Stempel McDonald’s and Wendy’s have defeated a lawsuit accusing them of deceiving hungry diners by exaggerating the size of their burgers....
Appeals Court Blocks Venture Capital Fund’s Grant Program for Black Women October 3, 2023 By Nate Raymond A federal appeals court on Saturday blocked a venture capital fund from moving forward with a program that awards funding...
Microsoft CEO Says Tech Giants Battling for Content to Build AI October 3, 2023 By Diane Bartz Microsoft chief executive Satya Nadella said Monday tech giants were competing for vast troves of content needed to train artificial...
Progressive Drops Some Agents, Non-Renews 100,000 HO and DP Policies in Florida October 3, 2023 By William Rabb Almost two years after Progressive Insurance announced it would stop renewing some homeowners policies in Florida, Flo and crew have...
Pennsylvania Borough Settles Lawsuits Over Shooting at High School for $11M October 3, 2023 An $11 million settlement has been reached in federal lawsuits over police gunfire outside a high school football game near...
Lingering Drought and Wildfires Plague Texas, Threatening Water Supplies and Agriculture October 3, 2023 By Kevin Vu A lingering drought affecting more than 80% of Texas is causing wildfires, hurting agriculture and drying up water supplies throughout...
Ohio Senate Passes Bill to Increase Compensation for Boy Scouts Abuse Victims October 3, 2023 By Samantha Hendrickson Ohio victims of child sexual abuse while in the Boy Scouts of America could see more compensation for the crimes...