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...
US & Canada
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...
American insurers enter the firefighting business
Climate change is forcing American insurance companies to enter the firefighting business. Chubb, in particular, operates its own fire brigade...
CVS Aetna takeover signals US healthcare consolidation
America’s private health insurance system is rapidly becoming centralized. Shareholders approved drugstore giant CVS Health takeover of the insurance company...
