Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check company market after the U.S. regulator cracked down on the use of warrants, six industry executives told Reuters. They are …
A federal judge in northern Illinois has dismissed a racial discrimination lawsuit brought by African-American McDonald’s franchisees accusing McDonald’s of steering them to underperforming stores. U.S District Court Judge Harry D. Leinenweber ruled that the plaintiff Black franchisees failed to …
Newly approved updates to Tennessee’s captive insurance statute will help boost the state’ reputation as preferred domicile for companies looking to establish a captive insurance company, according to the state’s insurance regulator. Tennessee Governor Bill Lee recently signed the latest …
Florida Gov. Ron DeSantis said that he will sign recently-passed legislation addressing property insurance costs and roofing contractor practices while adding that he believes that the state needs to do more to curb excess litigation and improve the insurance market. …
The U.S. Chamber of Commerce on Wednesday urged the United States and European Union to quickly resolve their disputes over steel and aluminum tariffs and aircraft subsidies, and adopt a new privacy shield to better coordinate digital policy. The largest …
The parents of an 8-year-old girl who was shot and killed near the site where Rayshard Brooks had been shot several weeks earlier filed a lawsuit Monday against the city of Atlanta and others. Secoriea Turner was slain on July …
O’Grady Joins Safety National’s Large Casualty Unit Safety National announced that Tim O’Grady joined the company as vice president for underwriting in the company’s large casualty division, which is responsible for large deductible workers’ compensation, commercial auto and commercial general …
Uber and other gig economy companies are trying a new approach to ending their battles with unions, and getting ahead of possible federal regulation that could upend their business based on classifying workers as independent contractors. In New York, for …
A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use of facial recognition technology, such as Amazon and Facebook, to do so in an ethical way. The investor …
The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system by stealing a single …