Shares of Kuaishou dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their lowest since November 21, after the Chinese short video platform was hit by a cyberattack on Monday night. The stock […]
A Baltimore jury ordered Johnson & Johnson and its subsidiaries to pay over $1.5 billion to a woman who claimed decades of exposure to asbestos in the company’s talc-based products caused her peritoneal mesothelioma, a […]
South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. […]
The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in […]
A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network […]
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company […]
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith […]
Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program offers flexibility, […]
A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. […]
CRC Specialty, an independent wholesale specialty insurance distributor, named two new brokers in its Southeast operations. Ron Bussey will be a senior broker based in Nashville, focused on casualty insurance placements for large and middle-market […]
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