Amazon.com Inc. is halting some of its diversity and inclusion programs, a move that coincides with activist pressure on US companies to abandon efforts to build a more diverse workforce. In a memo to employees, Candi Castleberry, a senior human …
Amazon Is Halting Some of Its Diversity and Inclusion Programs Read More »
Vermont continues to grow its captive insurance industry. The Vermont Department of Economic Development (DED) has reported that 2024 was among Vermont’s top 10 highest years of growth since its first-in-the-nation captive enabling legislation in 1981. Vermont licensed a total …
Vermont Added 41 Captives in 2024 Read More »
Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest person of waiting too long to disclose in 2022 he had amassed a large stake in Twitter, the social media company he …
SEC Sues Elon Musk Over Late Disclosure of Twitter Stake Read More »
Remember the 2010 The Rent Is Too Damn High campaign by Jimmy McMillan? Some people in New York now think insurance is too damn high. A new coalition with backing from Uber Technologies is launching a campaign to lower insurance …
With Uber Boost, Group Seeks Reforms to Lower New York’s High Insurance Costs Read More »
Colonial Pipeline Co. shut the largest US fuel pipeline Tuesday to investigate a potential leak in Georgia. The company’s Line 1 transports 1.5 million barrels a day of gasoline between Houston, Texas, and Greensboro, North Carolina. The shutdown is expected …
Colonial Shuts Largest US Gasoline Pipe to Investigate Leak Read More »
Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025. Cyber incidents, such as ransomware attacks, data breaches and IT outages, is the top global risk for 2025, …
Cyber, Business Interruption, Natural Disasters Listed as Top 3 Business Risks: Allianz Read More »
War is the top worry wracking the nerves of risk experts surveyed by the World Economic Forum, despite incoming US President Donald Trump’s vow to end hostilities in Ukraine. “State-based armed conflict” is the most pressing immediate concern for 2025 …
War Anxiety Grips Davos Experts With Ukraine Peace Still Elusive Read More »
The US Federal Trade Commission has prepared a lawsuit against tractor giant Deere & Co. alleging the company’s agricultural equipment repair practices violate competition laws, according to people familiar with the matter. The agency is prepared to file the case …
FTC Prepares Lawsuit Over Deere Equipment Repair Practices Read More »
President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said. The order calls for leasing federal sites owned by Defense and …
Biden Signs Executive Order to Ensure Power for AI Data Centers Read More »
This month, the minimum automobile liability coverage requirements in North Carolina jumped to 50/100/50, among the highest minimums in the country. The change is the result of Senate Bill 452, approved in 2023 and which became law last year. The …
New Auto Liability Minimums Take Effect in North Carolina Read More »
