PwC’s China Unit Suspended for 6 Months, Hit With Record Fine for Evergrande Audit September 13, 2024 By Julie Zhu and Xie Yu Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine...
Duffy Agency Acquires Neighboring Cowan Agency in Massachusetts September 13, 2024 Duffy Insurance Agency, based in Lynn, Massachusetts, has acquired The Cowan Insurance Agency of Haverhill, also in Essex County. The...
Carlyle’s Sedgwick Valued at $13.2 Billion in Investment Deal With Altas September 13, 2024 Carlyle-owned claims management company Sedgwick said on Thursday it had secured an investment from private equity firm Altas Partners via...
Tokio Marine Kiln Launches Specialty Reinsurance Division September 13, 2024 Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the...
UK Retailer Tesco Loses Legal Battle Over ‘Fire and Rehire’ of Staff September 13, 2024 By Sam Tobin Tesco was not entitled to terminate some employees’ contracts and offer to rehire them on less favorable terms, the United...
A Continent Ablaze: South America Surpasses Record for Fires September 13, 2024 By Jake Spring and Stefanie Eschenbacher South America is being ravaged by fire from Brazil’s Amazon rainforest through the world’s largest wetlands to dry forests in...
As Storm Bebinca Approaches, Taiwan Uses AI to Predict Typhoon Paths September 13, 2024 By Yimou Lee As tropical storm Bebinca barrels towards waters off northern Taiwan gathering strength into a possible typhoon, weather forecasters in Taipei...
OpenAI, Nvidia Executives Discuss AI Infrastructure Needs With Biden Officials September 13, 2024 By Mackenzie Hawkins and Ari Natter OpenAI Chief Executive Officer Sam Altman and Nvidia Corp. CEO Jensen Huang met with senior Biden administration officials and other...
Venture Capital Fund Ends Grant Program for Black Women After Lawsuit September 13, 2024 By Nate Raymond An Atlanta-based venture capital fund on Wednesday agreed to stop operating a program that awarded grants to small businesses run...
How Big Was the Cat? Investigator Warns About Claims of Clogged Toilets September 13, 2024 By William Rabb Did you hear the one about cat poop clogging a toilet, resulting in thousands of gallons of sewage water in...