JetBlue’s $3.8 Billion Spirit Deal Challenged in DOJ Antitrust Suit March 7, 2023 By Leah Nylen and Mary Schlangenstein The US Justice Department challenged JetBlue Airways Corp.’s $3.8 billion acquisition of Spirit Airlines Inc. Tuesday, filing an antitrust lawsuit...
Yellen Warns Climate Change Could Trigger Asset Value Losses, Harming Economy March 7, 2023 By Andrea Shalal Climate change is already having a major economic and financial impact on the United States and may trigger asset value...
FTX’s Crash Exposes Insurance Black Hole That Risks Impeding Crypto Sector Recovery March 7, 2023 By Sidhartha Shukla A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of...
NY Fed Says Supply Chain Pressures Normalized in February March 7, 2023 Global supply chains have “returned to normal,” the Federal Reserve Bank of New York said on Monday, with pressures dropping...
Biden’s Cyber Plan Would Hold Software Makers Responsible in Hacks March 7, 2023 By Katrina Manson and Courtney Rozen The Biden administration is set to release an aggressive new national cybersecurity strategy on Thursday that seeks to shift the...
Norfolk Plans to Add More Detectors to Catch Overheated Bearings March 6, 2023 By Nathan Gomes Norfolk Southern Corp. on Monday said it plans to add about 200 detectors to its tracks that will help identify...
States Must Include Cybersecurity in Water System Audits, EPA Says March 6, 2023 By William Turton The Environmental Protection Agency issued a memorandum on Friday requiring states to analyze cyber defenses at public water systems during...
Texas Anti-ESG Push Is Coming for Insurers and Pensions in New Bills March 6, 2023 By Shelly Hagan and Nic Querolo A Texas lawmaker is seeking to broaden the fight against ESG (environmental social governance) policies by imposing further limits on...
Tesla Recalls 3,470 Model Y Vehicles Over Loose Bolts March 6, 2023 By David Shepardson Tesla Inc TSLA.O said it is recalling 3,470 2022 through 2023 Model Y vehicles in the United States because bolts...
P/C Carriers Losing Ground to MGAs in Talent War March 6, 2023 By Susanne Sclafane During a webinar about an insurance industry labor market survey last month, an industry recruiter said that insurance carriers are...