Microsoft Faces Wide-Ranging Antitrust Probe December 2, 2024 By Jody Godoy The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud...
Alleged Snowflake Hacker ‘Danger’ to the Public December 2, 2024 By Margi Murphy The man accused of carrying out cyberattacks against dozens of Snowflake Inc. customers will face an extradition hearing later this...
GM, Ford Fall on Trump Tariffs Seen Adding $3,000 to Car Prices November 27, 2024 By David Welch, Gabrielle Coppola and Keith Laing Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause...
Unite and Conquer: How the Insurance Industry Can Deflate Social Inflation November 27, 2024 By Susanne Sclafane At one of the early meetings of American Legal Connections, Rich Henderson, a senior vice president for reinsurer TransRe, bumped...
CrowdStrike Falls After Disappointing Earnings Outlook November 27, 2024 By Lynn Doan and Margi Murphy CrowdStrike Holdings Inc. issued a weaker-than-expected earnings forecast, disappointing investors who have been watching for signs that the cybersecurity company...
After Tens of Billions in Insured Losses, Record-Breaking Hurricane Season Ends November 27, 2024 By Chad Hemenway The 2024 Atlantic hurricane season ends Nov. 30 after 18 named storms including the earliest Category 5 storm on record,...
Walmart, World’s Biggest Retailer, Will Curb Diversity Efforts November 26, 2024 By Jeff Green and Jaewon Kang Walmart Inc. is reversing course on diversity, equity and inclusion initiatives, joining a growing list of businesses retreating on DEI...
AI Used for Good and Bad — Like Making Trickier Malware, Says Report November 26, 2024 By Jahna Jacobson While the insurance industry is quickly adopting AI technologies to improve the speed and accuracy of routine functions, analyze data...
Disney Settles Suit Over Women’s Pay for $43 Million November 26, 2024 Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned...
Ransomware Hits Supply Chain Software Firm Blue Yonder November 26, 2024 Blue Yonder, a provider of supply chain software to manufacturing, logistics, and retail customers said it has been working “around...