Generali Hikes Dividend Payout After Posting Its Best Ever Operating Profit March 14, 2023 By Gianluca Semeraro Italy’s Assicurazioni Generali surprised investors on Tuesday by hiking the dividend payout on its 2022 results after posting its best...
Amgen Sued by Pension Fund for Failing to Disclose $10B Tax Bill on Timely Basis March 14, 2023 By Robert Burnson Amgen Inc. misled investors about its financial health by failing to reveal that it may be on the hook for...
People Moves: Harford Mutual Promotes Officers; Kyer Joins MEMIC; GMI Appoints Hall, Kelly March 14, 2023 Harford Mutual Promotes Gearhart, Thames Wayne Gearhart has been promoted from vice president of claims to senior vice president and...
Court Rules Uber, Lyft Can Classify Gig Workers as Contractors March 14, 2023 By Jackie Davalos Uber Technologies Inc., Lyft Inc. and other gig economy companies scored a victory after a California appeals court upheld the...
Ukraine Rebuffs Russia’s Offer of 60-Day Extension on Grain Deal March 14, 2023 By Áine Quinn, Megan Durisin and Aliaksandr Kudrytski Ukraine pushed back on Russia’s apparent offer to extend the landmark grain-export deal by just 60 days when it comes...
Zuckerberg Was Warned on Social Media Addiction, Filing Says March 14, 2023 By Joel Rosenblatt Employees at Meta Platforms Inc. and ByteDance Inc. were aware of the harmful effects of their platforms on young children...
Viewpoint: Silicon Valley Bank’s Failure in Risk Management March 14, 2023 By Clifford Rossi As someone who had a front row seat at the largest bank failure in U.S. history, Washington Mutual, the demise...
U.S. Sues Rite Aid for Missing Opioid Red Flags March 14, 2023 By Jonathan Stempel The U.S. government on Monday sued Rite Aid Corp., accusing the pharmacy chain of missing “red flags” as it illegally...
Silicon Valley Bank Parent SVB Financial Group Faces First Securities Class Action March 14, 2023 By Chad Hemenway Silicon Valley Bank (SVB) on Monday was hit with what appears to be the first federal securities class-action lawsuit against...
Credit Outlook for Allstate’s Florida Unit is Negative, Reflects Deteriorated Surplus March 14, 2023 By Insurance Journal Staff Reports The AM Best financial rating firm’s tepid outlook for Allstate’s Florida subsidiaries, Castle Key Insurance Co. and Castle Key Indemnity...