Self-Driving’s Latest Turn: GM’s Cruise Seeks OK for Cars Without Steering Wheel, Pedals October 22, 2020 By Jane Lanhee Lee and David Shepardson Self-driving car maker Cruise said on Wednesday it and majority shareholder General Motors Co. would seek U.S. regulatory approval in...
FCC Says It Has Authority to Change Social Media Liability Shield October 22, 2020 By David Shepardson The top lawyer at the U.S. Federal Communications Commission (FCC) said Wednesday the telecommunications regulator has legal authority to redefine...
1 in 4 Businesses Has Experienced Cyber Event, Travelers Survey Finds October 22, 2020 By Elizabeth Blosfield Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers’ Cyber Risk Index...
Cryptocurrency Exchange Bitstamp Adds Lloyd’s-Backed Crime Insurance Policy October 22, 2020 Bitstamp, a cryptocurrency exchange, has expanded the insurance offered to its customers with an additional crime insurance policy. The crime...
Purdue Pharma to Plead Guilty Over Opioid Practices; Critics Balk at Terms October 21, 2020 By Mike Spector Purdue Pharma LP agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in...
RSG Underwriting Managers Names Wuller Executive Vice President October 21, 2020 Ryan Specialty Group (RSG) announced the appointment of Miles Wuller as executive vice president of RSG Underwriting Managers, the managing...
Election Security: Retailers Board Up Stores Amid Fears Over More Civil Unrest October 21, 2020 By Lisa Baertlein, Richa Naidu and Nivedita Balu This time last year, shoppers on Chicago’s Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window...
Getting Digital Currency Right More Important Than U.S. Being First, Says Fed’s Powell October 21, 2020 In any development of a cross-border digital currency, it is more important for the United States “to get it right...
After Helping Shepherd Pandemic Loans, Banks Now Brace for Regulatory Risks October 21, 2020 By Lawrence Delevingne, Michelle Price and Koh Gui Qing Banks that facilitated the U.S. government’s Paycheck Protection Program at first saw the effort as a small revenue booster with...
As Employees Have Stressed Out During Pandemic, Many Employers Have Stepped Up October 21, 2020 The coronavirus pandemic has put millions of Americans out of work. But many of those still working are fearful, distressed...