Chinese Manufacturer Ninebot’s Dominance Has Startups Sharing Scooter Product Risks December 6, 2018 By Mark Bergen and Joshua Brustein Scooter-sharing company Lime recently relayed a troubling message to its users: a portion of its fleet was at risk of...
USA Gymnastics, Short on Funds to Pay Sex-Abuse Claims, Files for Bankruptcy December 6, 2018 By Eben Novy-Williams, Allison McNeely and Josh Saul USA Gymnastics, under threat of being decertified by the U.S. Olympic Committee, filed for bankruptcy after running short of funds...
A Cautious Uber to Try Self-Driving Vehicles on Roads Again December 6, 2018 By Heather Somerville Uber Technologies Inc. is plotting the return of its self-driving cars, but the company known for its hard-charging style is...
Swiss Re Corporate Solutions Names Vetter Head of E&S North America December 5, 2018 Swiss Re Corporate Solutions has appointed Daniel Vetter as head of Excess & Surplus North America, a newly-created role. Vetter...
Marriott CFO Says Too Early to Estimate Cyber Breach Costs December 5, 2018 By Patrick Clark It’s too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed...
How Insurance Broker A.J Gallagher Cleans Up on Clean Coal Subsidies: Reuters December 5, 2018 By Tim McLaughlin Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how...
Waymo Self-Driving, Fare-Generating Taxis Hit the Road in Arizona December 5, 2018 By Alexandria Sage Alphabet’s Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually...
Judge Questions Government’s Approval of CVS Acquisition of Aetna December 5, 2018 QQA federal judge who has been asked to sign off on the U.S. government’s decision to approve CVS Health Corp.’s...
Medtronic Ends U.S. Medical Device Probes with $51 Million Payment December 5, 2018 By Nate Raymond Medtronic Plc said on Tuesday it would pay $50.9 million to resolve U.S. Justice Department probes into how companies it...
AIG Names Lyons as CFO, Succeeding Sankaran December 5, 2018 American International Group (AIG) has appointed Mark D. Lyons to the role of executive vice president and chief financial officer...