Britain expects to seal a financial services cooperation pact with the European Union shortly, a senior finance ministry official told a conference on challenges from market fragmentation. The City of London’s ties with the bloc were severed after Britain left …
SEOUL- Authorities in the South Korean capital defended on Thursday a decision to order coronavirus tests for all foreign workers on penalty of fines, as calls grew for the controversial measure to be rescinded. At least one lawmaker of the …
Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the matter said. The New York-listed …
Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin maker into an entity that would steer profits to plaintiffs and require the company’s Sackler family owners to contribute nearly …
Uber Technologies Inc. and Lyft Inc. have created a program to share information about drivers and delivery people deactivated from their platforms for the most serious offenses, furthering a safety push by ride-hailing companies. The Industry Sharing Safety Initiative will …
Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The proposals were disclosed in Berkshire’s annual proxy filing, ahead …
Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies do not cover their losses from the pandemic, lawmakers in a number of states have responded by filing legislation to …
Tesla Inc. Chief Executive Elon Musk has been sued by a shareholder who accused him of violating his 2018 settlement with the U.S. Securities and Exchange Commission over his Twitter use. According to a complaint unsealed late Thursday in Delaware …
Fallout from last month’s deadly deep freeze in Texas has quietly spread to people living hundreds of miles away. Minnesota utilities have warned that monthly heating bills could spike by $400, after the crisis jacked up natural gas prices across …
Hackers aiming to call attention to the dangers of mass surveillance say they were able to peer into hospitals, schools, factories, jails and corporate offices after they broke into the systems of a security-camera startup. That California startup, Verkada, said …