Pinnacle Financial Partners Inc. shares plunged the most in more than five years after the bank agreed to combine with Synovus Financial Corp. in an all-stock transaction valued at $8.6 billion. Some investors had expected both companies to draw acquisition …
Pinnacle Financial Partners Shares Drop on Deal with Synovus Read More »
Microsoft Corp. stands to gain from new White House AI guidelines that call on the US Federal Trade Commission to show more restraint in probes involving artificial intelligence and stand down on cases that put “AI innovation” at risk. The …
Trump’s AI Plan Urges Lighter Touch by FTC in Win for Microsoft Read More »
This edition of International People Moves details appointments at Allianz Commercial and Canopius Group. A summary of these new hires follows here. Allianz Commercial Names Nguyen-Huu, Lascar and Head for Portfolio Solutions Team Allianz Commercial announced appointments in its Portfolio …
Eagle Ship Management LLC (ESM), based in Stamford, Connecticut, pleaded guilty to violating the Act to Prevent Pollution from Ships (APPS) by deliberately polluting U.S. waters off the coast of New Orleans from the M/V Gannet Bulker, a foreign-flagged bulk …
Ship Manager Pleads Guilty to Dumping Oily Water Off Coast of New Orleans Read More »
The biggest tech companies are warring over who’s responsible for children’s safety online, with billions of dollars in fines on the line as states rapidly pass conflicting laws requiring companies to verify users’ ages. The struggle has turned into a …
Meta Clashes With Apple, Google Over Child Age Check Legislation Read More »
Five years after a $60 million bribery scheme funded by FirstEnergy Corp. came to light in Ohio, expert observers say the resulting prosecutions, lawsuits, penalties and legislation haven’t led to enough change and accountability to prevent politicians and corporate executives …
5 Years After Bribery Scandal, Critics Say FirstEnergy Hasn’t Faced Consequences Read More »
A Kentucky tobacco warehouse manager at the center of a long-running crop insurance fraud scheme has agreed to pay millions in restitution for his role in enabling the fraud. Thomas Kirkpatrick, of Danville, pleaded guilty last week to conspiracy to …
Kentucky Tobacco Warehouse Manager Pleads Guilty in Insurance Fraud, to Pay Restitution Read More »
Johnson & Johnson Inc. announced it is acquiring the assets of Erickson-Larsen, Inc (E&L). The parties expect to complete the transaction effective August 1, 2025. With offices in Maple Grove, MN, and Fargo, ND, Erickson-Larsen is a wholesale insurance firm …
Johnson & Johnson Acquires Minnesota’s Erickson-Larsen Read More »
Importers and exporters based in Texas have so far avoided the harshest effects of the trade war sparked by President Donald Trump’s tariffs on imports from a host of countries, but they could be in for a rude awakening come …
Mexico Tariffs Could Create Strain on Texas Economy Read More »
French insurer AXA won a London court ruling on Friday worth nearly 675 million pounds ($908 million) against Santander over the mis-selling of payment protection insurance more than two decades ago. The dispute between AXA and Santander centered on PPI …
AXA Wins $908 Million UK Court Ruling Against Santander Over Protection Insurance Read More »
