Marriott Starwood Data Breach Highlights Silent Cyber Risk in Acquisitions December 3, 2018 By Patrick Clark Marriott International’s $13.6 billion purchase of Starwood Hotel & Resorts was a bet that its popular loyalty program would bring...
Macquarie Pursues 3-Way Joint Venture in China Under New Rule December 3, 2018 Macquarie Group Ltd. is in advanced talks to create a majority-owned securities joint-venture firm in China, according to people familiar...
Actuaries Face Uncertainty Amid Encroachment by Data Scientists December 3, 2018 By Michael Sasso Riley Howsden has one of those hip jobs everyone loves to hate. He works at L.A.-based video game producer Riot...
Allianz, Mitsui Sumitomo Bidding for Malaysia’s 2d Biggest Car Insurer December 3, 2018 By Elffie Chew Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for...
G20 Skirts Taboos in Reaching Agreement on WTO Reforms December 3, 2018 By Caroline Stauffer and Nicolás Misculin Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an...
Gas Leak Caused Explosion That Killed 23 at ChemChina Plant December 3, 2018 A gas leak at a plant owned by a ChemChina subsidiary caused a blast that killed 23 people and injured...
Feds Sue Kentucky Restaurants Over Failure to Pay Workers $130K in Overtime December 3, 2018 The federal Department of Labor is suing the owners of two Kentucky brunch restaurants it says failed to pay workers...
Jury Awards $7.6M to Family of West Virginia Pedestrian Killed in Hit-And-Run December 3, 2018 A West Virginia man has been ordered to pay $7.6 million in damages to the family of a pedestrian who...
VW Investors’ $48M Diesel Settlement Receives Preliminary OK December 3, 2018 By David Shepardson A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG...
Expert Sees a ‘Strong Need’ for Insurance for Cannabis Industry December 3, 2018 By Don Jergler There’s “still a really strong need” for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis,...