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US Supreme Court Dismisses Nvidia’s Bid to Avoid Securities Fraud Suit

The U.S. Supreme Court dismissed on Wednesday an appeal by artificial intelligence chipmaker Nvidia seeking to avoid a securities fraud lawsuit by shareholders who accused the company of misleading investors about how much of its sales depended on the volatile …

Farmers Now Eyeing California Favorably and Will Expand Its Coverage Options

Farmers Insurance said on Wednesday it will resume offering coverage for multiple lines of insurance in California to new customers. The lines include condominium, renters, umbrella, landlord, vacant and manufactured home. Many of the reopened coverage offerings had been temporarily …

Uber Warns NYC Response to Insolvent Insurer Exposes Drivers

Uber Technologies Inc. is asking New York City’s taxi regulator to reconsider proposed changes to commercial auto insurance requirements, saying they may unintentionally leave thousands of drivers in one of the company’s largest markets unable to insure their vehicles. Uber …

Coming Soon to Florida: New State-Fed Program to Elevate Homes in Flood Zones

At the Florida Chamber of Commerce Insurance Summit last week, the state’s emergency management director announced a multi-million-dollar program that many homeowners, lawmakers and insurers have long hoped for: New grants and low-interest loans that will help elevate homes above …

BHP, Rio Accused of Allowing Sexual Harassment on Mine Sites

BHP Group Ltd. and Rio Tinto Group allowed environments on their Australian mining sites where female staff faced systemic sexual harassment and gender discrimination, according to two class actions filed on Wednesday. Among other accusations, the suits filed in the …

Krispy Kreme Hack Disrupts Online Ordering, Other Operations

Krispy Kreme Inc. said a cybersecurity incident had disrupted some of its operations, including online ordering in parts of the US. The company said in a regulatory filing Wednesday that it was notified on Nov. 29 of unauthorized activity in …

Benekiva Expands Leadership with Four Vice Presidents

Benekiva has expanded its leadership team. The company named Krista Eger vice president of product. She has experience leading claims processing teams and driving product innovation efforts. Mike Shea was named the company’s vice president of sales. He will drive …

Extreme Heat Puts Garment Factory Workers at Risk, Study Shows

Workers in some of the world’s biggest garment manufacturing hubs in Bangladesh, Vietnam, and Pakistan are increasingly exposed to extreme heat as climate change pushes temperatures up, a report found on Sunday, a problem multinational retailers and brands will have …

Shipbuilder Privinvest Refused Permission to Appeal UK Lawsuit Win in ‘Tuna Bonds’ Scandal

Emirati-Lebanese shipbuilder Privinvest on Tuesday was refused permission to appeal against Mozambique’s victory in a London lawsuit over the decade-old “tuna bond” scandal. The southeast African country sued Privinvest and its now late owner Iskandar Safa, alleging they paid bribes …

EU’s Largest Political Group Pushes to Weaken Combustion Engine Ban

The European Parliament’s biggest political group is mounting a campaign to weaken the EU’s main policies for cutting CO2 emissions from cars, a draft position paper seen by Reuters showed. The demands from the center-right European People’s Party (EPP), due …

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