Shareholders of the UK investment trust run by Dan Loeb’s hedge fund Third Point should reject its plan to turn itself into a reinsurance company, according to ISS. In its recommendation ahead of an Aug. 14 vote, the proxy adviser …
Third Point UK Investors Should Reject Reinsurance Deal, ISS Says Read More »
Elon Musk and Tesla were sued by shareholders who accused them of securities fraud for concealing the significant risk that the company’s self-driving vehicles, including the Robotaxi, were dangerous. The proposed class action was filed on Monday night in Austin, …
Tesla, Musk Sued by Shareholders Over Robotaxi Claims Read More »
A Michigan financial advisor was charged with four counts of insurance fraud, each a four-year felony, Attorney General Dana Nessel announced last week. Todd Bernstein, 67, of Birmingham, was arraigned on July 30 before Magistrate Julie Nelson-Klein in the 48th …
Michigan Financial Advisor Charged With Insurance Fraud Read More »
U.S. companies are spending record amounts to keep their executives safe in response to rising threats and the killings of two high-profile corporate officials in separate attacks in Manhattan over the last eight months. Corporations have doubled the number of …
Companies Spending Record Amounts to Protect Executives as Threats Rise Read More »
The Mayo Clinic violated federal law when it refused to grant a security guard’s request for a reasonable religious accommodation to its mandatory COVID-19 vaccination policy, and instead threatened to fire the employee, effectively forcing him to receive the vaccine …
Mayo Clinic Sued for Allegedly Forcing Security Guard to Get Vaccination Read More »
The Insurance Council of Texas (ICT) has named Gerald F. Ladner as the 2025 recipient of the Raymond Mauk Leadership Award. The award will be presented Sept. 17 during the ICT Property & Casualty Insurance Symposium in Austin. Established in …
Ladner Named Recipient of ICT’s Raymond Mauk Leadership Award Read More »
The financial information and academic performance of Columbia University students and alumni were stolen in a recent breach, according to a Bloomberg News review of some of the pilfered data. The data includes bank account and routing numbers, student loan …
Hacked Columbia University Data Includes Banking Numbers, GPAs Read More »
After dozens of Democratic Texas House members fled the state on Sunday to deny Republicans the quorum they need to pass new congressional maps aimed at securing more GOP seats, many other bills are now at risk of dying. State …
Food Relief, THC Regulation in Limbo After House Democrats Flee Texas Read More »
A video that captured the brutal arrest of a Black college student pulled from his car and beaten by officers in Florida has led to an investigation and calls for motorists to consider protecting themselves by placing a camera inside …
Forceful Arrest of Student Shows Benefits of Recording Police Actions Read More »
MIAMI (AP) — The U.S. Coast Guard says a third child has died nearly a week after a barge struck and sank a boat during a sailing camp near Miami. All six people on the sailboat were pulled from the …
Third Child Dies a Week After Barge-Sailboat Crash in Miami Read More »
