Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse December 9, 2024 By Bob Van Voris A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating...
Allianz Pauses Talks With Amundi Over Control of Asset Manager December 9, 2024 By Stephan Kahl Allianz SE has temporarily halted talks with Amundi SA over combining its Allianz Global Investors asset management arm with the...
CFPB Claims Supervision Over Google Unit, Which Promptly Sues December 9, 2024 The Consumer Financial Protection Bureau said it’s claiming supervisory authority over Google Payment Corp., as the agency extends its oversight...
US Issues Order Mandating Bird Flu Testing of Milk Supply December 9, 2024 By Leah Douglas The U.S. issued a federal order on Friday mandating that the national milk supply be tested for bird flu, Agriculture...
Judge Says Southwest Must Face Bias Claims Over Free Flights for Hispanic Students December 9, 2024 By Daniel Wiessner U.S. judge on Friday said Southwest Airlines must face a lawsuit by a prominent affirmative action opponent claiming a now-defunct...
Miss. Supreme Court Orders USAA to Pay $15M in Hurricane Katrina Bad-Faith Claim December 9, 2024 By William Rabb When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to...
Jury Awards $452 Million in Damages For Insulin Patch Trade Secrets Theft December 9, 2024 By Blake Brittain Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade...
Father of Victim of NYC Subway Chokehold Sues Defendant Daniel Penny December 9, 2024 By Philip Marcelo The father of the victim at the center of the fatal New York City subway chokehold trial has sued the...
Quake Prompted Tsunami Warning West Coast. Here’s What to Know About Tsunamis December 9, 2024 By Mark Thiessen The powerful earthquake that struck in Northern California on Thursday prompted a brief tsunami warning affecting about 5 million people...
Antares Announces Leadership Team for New Commercial Division December 6, 2024 Antares Global Management Ltd. announced three key appointments for its new Commercial Division, which comprises Syndicate 1274 and Bermuda-based Antares...