T-Mobile Fined $60 Million Over Unauthorized Data Access August 20, 2024 By Alexandra Alper and Eric Beech A powerful U.S. committee that scrutinizes foreign investment for national security risks fined T-Mobile $60 million, its largest penalty ever,...
Pilgrim’s Pride Agrees to $100M Settlement Over Chicken Farmers’ Pay August 20, 2024 By Jonathan Stempel Pilgrim’s Pride, one of the largest U.S. poultry processors, agreed to pay $100 million to settle claims it conspired with...
US State AGs Seek Treble Damages Against Live Nation for Concertgoers August 20, 2024 By Jody Godoy Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit,...
US Workers More Glum on Compensation and Work Prospects, New York Fed Says August 19, 2024 By Michael S. Derby U.S. workers are growing more sour with their employment compensation, according to a survey released on Monday by the New...
Verisk: US Reconstruction Costs Rose 5.2% From Last Year August 19, 2024 Total reconstruction costs in the U.S. rose by 5.2% from July 2023 to July 2024. That’s a large increase from...
Net Zero’s Carbon Removal Conundrum August 19, 2024 By Alastair Marsh To achieve net-zero emissions, where emissions and removals of greenhouse gas pollution balance each other out, governments and corporations must...
People Moves: Rokstone Appoints Burrow Head of US Excess Casualty; Canopius Hires Mills to Head US Casualty August 19, 2024 Rokstone, part of the Aventum Group, appointed Laurence (Larry) Burrows as head of a new US Excess Casualty division. Burrows...
The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows August 19, 2024 By Greg Ritchie and Gautam Naik A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be...
Ford Recalls About 85,000 Explorer SUVs Over Engine Fire Risk August 19, 2024 Ford Motor is recalling about 85,000 Explorer SUVs equipped with the Police Interceptor Utility package over concerns of an engine...
Federal Board Calls for Stricter Safety Rules for Charter Flights and Air Tours August 16, 2024 A federal safety agency is recommending that air tours and other commercial aircraft operators be required to have certificated dispatchers...