The Justice Department is stepping up actions to combat ransomware and cybercrime through arrests and other actions, its No. 2 official told The Associated Press, as the Biden administration escalates its response to what it regards as an urgent economic …
Overall net income fell at giant Berkshire Hathaway in the third quarter from $30.1 billion a year ago to $10.3 billion this third quarter, reflecting losses on insurance underwriting as well as the continuing effects of global supply chain issues …
Boeing Co. current and former company directors have reached a $237.5 million proposed settlement with shareholders to settle a lawsuit over the board’s safety oversight of the 737 MAX aircraft, documents released on Friday show. Following two fatal 737 MAX …
SolarWinds Corp. investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to the company ahead of a breach that created a vulnerability in thousands of its customers’ systems. The lawsuit filed in …
NEW ORLEANS — A federal appeals court on Saturday temporarily halted the Biden administration’s vaccine requirement for businesses with 100 or more workers. The 5th U.S. Circuit Court of Appeals granted an emergency stay of the requirement by the federal …
American International Group’s General Insurance, or property/casualty business, saw double-digit premium growth and substantially higher net income in Q3 along with lower catastrophe losses. AIG produced $1.7 billion in net income during the quarter, which compares with $281 million in …
Boeing Co. investors have reached an agreement with current and former company officers to settle a lawsuit over the safety oversight of the 737 MAX, two people familiar with the matter said on Thursday. The proposed settlement agreement is expected …
Approximately five million people in the U.S. are unemployed or have left the workforce since the pandemic began, and it is difficult to predict whether their decision was short term or permanent. According to S&P Global, even as extended unemployment …
Liberty Mutual Insurance, the nation’s sixth-largest personal lines property/casualty insurer, is planning to transition its more than 2,200 exclusive insurance agents in 200 offices across the country to working for a new agency it is starting. The global insurer is …
President Joe Biden will enforce a mandate that workers at U.S. companies with at least 100 employees be vaccinated against COVID-19 or be tested weekly starting Jan. 4, spurring legal challenges from Republican governors who say Biden is overstepping his …
