Hedge funds, banks and insurance companies have recently jumped into “marketplace lending,” drawing the attention of U.S. regulators, who said on Tuesday they are concerned that borrowing by consumers and small businesses through online platforms may pose risks to U.S. …
Ride-hailing company Uber says it supports allowing New Jersey’s attorney general to decide what type of background checks its drivers should have to use. Company spokesman Matt Wing told The Associated Press that the San Francisco-based company supports an amended …
A Pittsburgh newscaster fired after her comments in a Facebook post about a shooting were deemed racially insensitive sued her former employer on Monday, saying the television station let her go because she is white. Wendy Bell said her federal …
Ken Manning’s head is held up by two metal rods, four plates, and 17 screws in his neck. Since falling off a frame at a carpentry job in the early 2000s, he has had four surgeries, leaving his tanned neck …
A Russian ringleader of a group that fraudulently bought some of the hottest tickets in music, sports and theater by sneaking into StubHub users’ accounts pleaded guilty this week in a scheme involving over $1 million worth of tickets. Vadim …
Los Angeles-based Grandpoint Bank is now selling cyber insurance policies to its business customers to provide coverage for wire-transfer and cyber fraud. Grandpoint, which does business in California, Arizona and Washington, says it is the first bank to market policies …
The Federal Aviation Administration has finalized the first operational rules for routine commercial use of small unmanned aircraft systems or drones opening pathways towards fully integrating UAS into the nation’s airspace. The rule promises to generate more than $82 billion for …
The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new businesses inspecting bridges, monitoring crops and taking aerial photography. In the most comprehensive set of rules yet for the …
Navigators Management Co., a division of the specialty insurance holding company The Navigators Group, has hired David Pesce to launch a new Contract and Commercial Surety department. Based in Iselin, New Jersey, Pesce will initially focus on contract and commercial …
Atlanta-based international claims management firm Crawford & Co. has named Harsha V. Agadi president and CEO. He has served as interim president and CEO since August 2015. Agadi was named interim CEO last August when Jeffrey Bowman agreed to step …