Trump Sues Ex-Lawyer Michael Cohen Over Alleged Breaches of Contract April 13, 2023 By Erik Larson Former President Donald Trump filed a $500 million lawsuit against his former attorney Michael Cohen for allegedly violating their attorney-client...
SVB Failed From Mismanagement, Not Loose Regulations: FDIC April 13, 2023 By Hannah Lang Management failures, not loose regulations, prompted Silicon Valley Bank’s sudden failure last month, a top Federal Deposit Insurance Corporation (FDIC)...
Cyber Watchdog Has ‘No Confidence’ in Emergency Cell Network Security April 12, 2023 By Raphael Satter America’s cybersecurity watchdog has no confidence that the cellular network used by American first responders and the military is secure...
HP Must Face Shareholder Lawsuit Over Sales, Appeals Court Rules April 12, 2023 By Jody Godoy A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc. defrauded shareholders by secretly using unprofitable tactics to...
Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022 April 12, 2023 Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28% increase over 2021 even though...
U.S. Proposes 56% Vehicle Emissions Cut by 2032, Requiring Big EV Jump April 12, 2023 By David Shepardson The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a...
People Moves: Strong Named N2G CEO; Butera to Head Swiss Re FinPro Lines, Casualty North America; Ascot Hires Totolos as Captive Solutions Leader April 12, 2023 By Jahna Jacobson Strong Named New N2G CEO N2G Worldwide Insurance Services, LLC has named Kevin M. Strong its new chief executive officer....
J&J Talc Unit Defends Latest Bankruptcy Settlement Bid April 12, 2023 By Dietrich Knauth A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S....
No Separate Trial for Former JPMorgan Executive in Epstein Case April 11, 2023 By Jonathan Stempel A U.S. judge rejected requests to sever JPMorgan Chase & Co’s lawsuit accusing former executive Jes Staley of concealing what...
Business Moves: Arch Insurance Acquires Insurtech Thimble April 11, 2023 Arch Insurance today said it has acquired Thimble, an insurtech platform that enables small businesses to get insurance coverage by...