Former Root CMO Ordered Detained for Contempt June 22, 2023 By Chad Hemenway Root Inc’s former chief marketing officer – accused in a lawsuit by the company of syphoning $10 million from it...
Company Can’t Say Whether More Air-Bag Inflators Might Explode, Hurl Shrapnel June 22, 2023 By Tom Krisher A company that makes air-bag inflators that have exploded in eight incidents involving two deaths and seven injuries argued Tuesday...
FTC Sues Amazon for Hindering Consumer Attempts to Cancel Prime June 21, 2023 By Leah Nylen The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up for its...
‘Comprehensive Legislation’ Needed to Address AI, Senator Schumer Says June 21, 2023 By David Shepardson and Richard Cowan U.S. Senate Majority Chuck Schumer on Wednesday will call for “comprehensive legislation” to advance and ensure safeguards on artificial intelligence...
Twitter Employees Sue Company, Claiming It Refuses to Pay 2022 Bonuses June 21, 2023 By Joel Rosenblatt Twitter Inc. employees sued the social media company claiming it refuses to pay 2022 bonuses, despite promises that they would...
Hail and Wind from Thunderstorms Caused $5.5 Billion in Damage, KCC Says June 21, 2023 Severe weather created when a stationary front trapped warm, humid air over Texas and the Southeast caused an estimated $5.5...
kWh Analytics Reveals Top Challenges in Solar Industry Risk Management June 21, 2023 Demand isn’t an issue for the solar industry. The challenges lie with fulfilling demand with more skilled labor, more technology,...
Fitch: US Insurance Market Forecast to Withstand Losses From Large Hurricane This Year June 21, 2023 With ample capital, Fitch Ratings’ latest annual ‘U.S. Hurricane Season’ report indicates U.S. property and casualty (P/C) and reinsurers can...
States Are Rushing to Regulate Deepfakes as AI Goes Mainstream June 21, 2023 By Isaiah Poritz Images of former President Donald Trump hugging and kissing Dr. Anthony Fauci, his ex-chief medical adviser. Pornographic depictions of Hollywood...
Purtill Named Permanent CFO of AIG June 20, 2023 Sabra Purtill has been named permanent chief financial officer of American International Group (AIG), the company said. Purtill was called...