Insurer Travelers grows Q4 profits on underwriting gains and lower cat losses.
In a strong finish to the year, Travelers Companies announces a significant increase in fourth-quarter profit on Friday, sending its...
US & Canada
Binance falls, pays $4.3B fines over failures to prevent money laundering
The world’s largest cryptocurrency exchange, Binance.com, has pleaded guilty to multiple federal charges and has agreed to pay over $4...
Cisco buys cybersecurity Splunk for $28 billion in cash
Cisco Systems is set to buy cybersecurity firm Splunk in a deal worth $28 billion, the company said Thursday. This...
Defective airbags: US transport agency urges recall of 67 million airbag parts
The US government’s transportation safety agency has demanded the recall of 67 million airbag inflators after finding they could rupture...
Spirit Airlines board rejects JetBlue takeover bid on antitrust risks
Spirit Airlines rejected a $3.6 billion takeover bid from rival JetBlue Airways and said it would merge with budget carrier...
Businesses face tougher new biometric privacy laws
Biometric privacy and tougher biometric privacy laws are a serious risk to American businesses. Unfortunately, biometric privacy risks are obscure...
American health insurers scared of single-payer health insurance
American insurers are afraid Democrats will impose government run single-payer health insurance. In fact, single-payer is the basis of a...
California could increase auto insurance rates for women by fighting gender discrimination
Strangely, the California Insurance Commissioner could increase auto insurance rates for women to fight gender discrimination. To explain, new regulations...
American regulators target robo-advisers
America’s chief investment regulator, the Securities and Exchange Commission (SEC), is cracking down on robo advisers. In particular, the SEC...
General Electric’s massive debts risk breaking it up
General Electric (GE), one of the most iconic names in American business, is cracking up because of debts. A company...
