Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire …
Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares Read More »
International Underwriting Association Names Convex’s Butt as Chair Theo Butt, chief Executive Officer, UK for Convex Insurance, has been elected as the new chair of the International Underwriting Association (IUA). He will take over from Claire McDonald, chief executive officer …
People Moves: IUA Names Convex’s Butt as Chair as McDonald’s 2-Year Term Ends Read More »
New York Attorney General Letitia James has issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically adjust prices based on …
New York Law Requiring Algorithmic Pricing Disclosure Goes Into Effect Read More »
Companies in Japan are likely to win greater benefits than global peers from spending on climate resilience, according to CDP, an environmental disclosure nonprofit. Businesses in the nation face disruption risks from issues including earthquakes and flooding, while spells of …
Japan Firms Win Big Benefits From Spending on Climate Resilience, CDP Says Read More »
Darrel John watched the final evacuees depart his village on the western coast of Alaska in helicopters and small planes and walked home, avoiding the debris piled on the boardwalks over the swampy land. He is one of seven residents …
The Workers’ Compensation Insurance Rating Bureau of California promoted Christopher Wong to chief information officer. Wong succeeds Eric Riley, who will retire on November 30, following a 39-year career with the WCIRB. Riley held a variety of leadership roles spanning …
People Moves: Wong Named WCIRB Chief Information Officer Read More »
A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology, who were accused of stealing roughly $25 million in cryptocurrency from traders on the Ethereum blockchain. …
MIT Grad Brothers Fraud Jury Unable to Reach a Verdict Read More »
The Mid Vermont Christian School is challenging Vermont’s education reform law in federal court, arguing that the law’s set of provisions around public tuition dollars “creates a religious gerrymander and discriminates against religious approved independent schools in Vermont.” The school’s …
Vermont Christian School Challenges State’s Education Funding as Discriminatory Read More »
Lisa Emery loves to talk about her “boys.” With each word, the respiratory therapist’s face softens and shines with pride. But keep her talking, and it doesn’t take long for that passion to switch to hurt. She knows the names, …
Coal Miners With Black Lung Say Government Cuts Are Suffocating the Working Man Read More »
Internet domain registrar GoDaddy GDDY.N owes a patent owner $170 million for violating its rights in website-building technology, a Delaware federal jury said in a verdict made public on Friday. The jury agreed with Express Mobile that GoDaddy’s web-design tools …
GoDaddy Hit With $170M Patent Verdict Over Web-Design Tech Read More »
