Articles by Matt Day

Amazon Ignored Its Own Worker Safety Studies, Senate Report Says

Amazon.com Inc. leaders rejected internal recommendations that the company relax warehouse worker productivity rates to curb injuries, according to a report from a congressional committee. Released Monday by the majority staff for the Senate Committee on Health, Education, Labor and …

European Central Bank Pitches Plan to Boost Coverage for Climate Losses

The European Central Bank and the region’s insurance authority proposed a two-pronged approach to increase insurance coverage for floods, storms and other weather disasters that are increasingly being fueled by climate change. One part of the plan is a voluntary …

Grubhub to Pay $25M for Misleading Customers, Restaurants, Drivers

Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding restaurants to its platform without their consent and deceiving drivers about pay. The settlement requires Grubhub …

Trump Transition Recommends Scrapping Car-Crash Reporting Requirement

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla, according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety …

Meta Settles with Australia’s Privacy Watchdog Over Cambridge Analytica Suit

Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal. The Office of the Australian Information Commissioner had alleged …

AI Focal Point of Cybersecurity Outlook for 2025, Says Experian

Artificial intelligence is at the center of Experian’s annual breach forecast due to its enabling capabilities. Michael Bruemmer, vice president of global data breach resolution at information services company, said that while ransomware and breaches affecting the supply chain dominated …

Congo Sues Apple Alleging ‘Pillaged’ Minerals in Products

The Democratic Republic of Congo filed lawsuits against Apple Inc. in France and Belgium. In them, it accuses the company of using minerals “pillaged” from the central African nation in its products. Congo’s lawyers have initiated criminal complaints against the …

Becton Dickinson to Pay $175 Million to Settle SEC Probe

Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled investors about one of its most important products. The regulator said Becton Dickinson was aware an infusion pump it manufactured …

Disaster Insurance Set to Test Italy’s Business Backbone in 2025

Italian companies are preparing to comply with a requirement to take out natural disaster insurance from next April, although some fear it will be hard to enforce and too costly. Many small and medium-sized firms, which form the backbone of …

ABC to Give $15M to Trump’s Presidential Library to Settle Defamation Suit

ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a defamation lawsuit over anchor George Stephanopoulos’ inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E. Jean Carroll. As …