In Tesla Autopilot Probe, US Prosecutors Focus on Securities, Wire Fraud May 8, 2024 By Mike Spector and Chris Prentice U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’...
Worsening Weather Igniting $25 Billion Weather Derivatives Market May 8, 2024 By Sam Potter Marty Malinow’s mom never could get her head around what her son did for a living. To friends, she said...
Cyber Startup Wiz Raises $1B in Private Funds, Valued at $12B May 8, 2024 U.S.-Israeli cloud cybersecurity startup Wiz said on Tuesday it raised $1 billion in a private funding round that values the...
TikTok Lawsuit Sets Stage for Prolonged Legal Fight Over US Ban May 8, 2024 By Chris Strohm and Sabrina Willmer China-based ByteDance Ltd. made clear it won’t comply with a new US law requiring it to sell its popular TikTok...
US Probe Finds Widespread Sexual Misconduct at FDIC May 8, 2024 By Douglas Gillison and Pete Schroeder The Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and other misconduct, according to an...
Viewpoint: The 10 Major Risks Shaping Insurance Today May 8, 2024 By Robert Muir-Wood I readily admit that lists of top risks, top threats, and opportunities for insurance are well-trodden ground, and ranking risks...
US Indicts Leader of Prolific LockBit Ransomware Gang May 7, 2024 By Ryan Gallagher and Jamie Tarabay The leader of one of the most prolific ransomware gangs was indicted and sanctioned by the US government on Tuesday,...
Truist Finishes Insurance Subsidiary Sale; Broker Rebrands as TIH, Names All-Star Board May 7, 2024 Truist Financial Corporation today said it completed the previously announced sale of its remaining stake in Truist Insurance Holdings, the...
NHTSA Seeks Answers From Tesla in Autopilot Recall Probe May 7, 2024 By David Shepardson U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker’s December recall...
People Moves: Everest Names US Regional Execs to North America Insurance Leadership May 7, 2024 Everest Insurance, the insurance division of Everest Group, Ltd. headquartered in Hamilton, Bermuda, appointed four United States regional executives as...