Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in data centers. The company is starting a new unit called Clayco Compute to sharpen the focus on data centers and …
Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US companies to abandon efforts to build a more diverse workforce. In a memo to employees, Candi Castleberry, a senior human …
Vermont continues to grow its captive insurance industry. The Vermont Department of Economic Development (DED) has reported that 2024 was among Vermont’s top 10 highest years of growth since it enacted its first-in-the-nation captive legislation in 1981. Vermont licensed a …
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter, the social media company he …
Remember the 2010 The Rent Is Too Damn High campaign by Jimmy McMillan? Some people in New York now think insurance is too damn high. A new coalition with backing from Uber Technologies is launching a campaign to lower insurance …
Colonial Pipeline Co. shut the largest US fuel pipeline Tuesday to investigate a potential leak in Georgia. The company’s Line 1 transports 1.5 million barrels a day of gasoline between Houston, Texas, and Greensboro, North Carolina. The shutdown is expected …
Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025. Cyber incidents, such as ransomware attacks, data breaches and IT outages, is the top global risk for 2025, …
War is the top worry wracking the nerves of risk experts surveyed by the World Economic Forum, despite incoming US President Donald Trump’s vow to end hostilities in Ukraine. “State-based armed conflict” is the most pressing immediate concern for 2025 …
The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment repair practices violate competition laws, according to people familiar with the matter. The agency is prepared to file the case …
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said. The order calls for leasing federal sites owned by Defense and …
