Biden’s LNG-Permit Halt Challenged by 16 States in Lawsuit March 22, 2024 By Elizabeth Elkin, Madlin Mekelburg and Ari Natter Texas, Louisiana and more than a dozen other US states challenged the Biden administration’s suspension of new licenses to export...
SpaceX Forced Workers to Sign Illegal Severance Agreements, Claims NLRB March 22, 2024 By Daniel Wiessner Elon Musk’s SpaceX has been accused by a U.S. labor agency of requiring employees who were laid off or fired...
Possibility of a Billion-Dollar Systemic Cyber Event ‘Is Real’ March 22, 2024 By Jahna Jacobson A systemic event and the threat it could pose to insurers’ portfolios is not the million dollar question, but perhaps...
FDIC Draft Proposal: Bank Mergers Above $100B Get Extra Scrutiny March 21, 2024 By Douglas Gillison Mergers that could result in banks with more than $100 billion in assets should expect heightened scrutiny from the U.S....
Chief Risk Officers Say Cybersecurity Most Pressing Risk: Survey March 21, 2024 By Jahna Jacobson In an inaugural EY/Institute of International Finance (IIF) global insurance risk management survey, cybersecurity was ranked as the highest concern...
SEC Charges 2 Investment Firms, Doles Out $400,000 in Fines, for ‘AI Washing’ March 21, 2024 By Chad Hemenway The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to “AI washing.”...
Justice Department Sues Apple in Antitrust Case Over iPhone March 21, 2024 By Leah Nylen The US Justice Department and 16 attorneys general sued Apple Inc., accusing the iPhone maker of violating antitrust laws by...
US Warns That Hackers Are Carrying Out Disruptive Attacks on Water Systems March 21, 2024 By Raphael Satter The U.S. government is warning state governors that foreign hackers are carrying out disruptive cyberattacks against water and sewage systems...
EPA Bans Asbestos, Still in Use Decades After Partial Ban March 21, 2024 By Matthew Daly The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that kills tens of thousands of...
Drugmaker Endo Receives Court Approval for Bankruptcy Restructuring March 20, 2024 Bankrupt drugmaker Endo International said on Tuesday a U.S. Bankruptcy Court has approved its restructuring plan and related opioid settlements...