U.S. Commercial Rates Increased in Q4 – But at Slower Pace: WTW March 14, 2023 U.S. commercial insurance prices grew in the fourth quarter of 2022 by an average of 4.8%, down from the rate...
Amgen Sued by Pension Fund for Failing to Disclose $10B Tax Bill on Timely Basis March 14, 2023 By Robert Burnson Amgen Inc. misled investors about its financial health by failing to reveal that it may be on the hook for...
Court Rules Uber, Lyft Can Classify Gig Workers as Contractors March 14, 2023 By Jackie Davalos Uber Technologies Inc., Lyft Inc. and other gig economy companies scored a victory after a California appeals court upheld the...
Zuckerberg Was Warned on Social Media Addiction, Filing Says March 14, 2023 By Joel Rosenblatt Employees at Meta Platforms Inc. and ByteDance Inc. were aware of the harmful effects of their platforms on young children...
Viewpoint: Silicon Valley Bank’s Failure in Risk Management March 14, 2023 By Clifford Rossi As someone who had a front row seat at the largest bank failure in U.S. history, Washington Mutual, the demise...
U.S. Sues Rite Aid for Missing Opioid Red Flags March 14, 2023 By Jonathan Stempel The U.S. government on Monday sued Rite Aid Corp., accusing the pharmacy chain of missing “red flags” as it illegally...
Silicon Valley Bank Parent SVB Financial Group Faces First Securities Class Action March 14, 2023 By Chad Hemenway Silicon Valley Bank (SVB) on Monday was hit with what appears to be the first federal securities class-action lawsuit against...
La Nina Is Gone. These Were the Deadly Storms During its Run March 13, 2023 By Seth Borenstein La Nina seemed to treat Louisiana and the rest of the Southeast United States like a punching bag. Its three-year...
China Is ‘Big Threat’ to Energy Industry, Cybersecurity Official Says March 13, 2023 By Naureen S. Malik The US energy industry must shore up protection against cyberattacks from China, a more pressing concern than attacks from Russia...
U.S. Announces it Will Stem SVB Fallout, Customers to Have Deposit Access March 13, 2023 By Andrea Shalal , Sarah N. Lynch and Lananh Nguyen Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the...