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25 11, 2025

Credit Suisse Fails to Topple $600 Million Rogue-Banker Bill

By | November 25th, 2025|Uncategorized|Comments Off on Credit Suisse Fails to Topple $600 Million Rogue-Banker Bill

A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili. The Privy Council — the top tribunal for cases brought in many British territories — dismissed …

25 11, 2025

Insurers’ Investment in Synthetic Risk Transfers Face Fresh Scrutiny Under EU Proposals

By | November 25th, 2025|Uncategorized|Comments Off on Insurers’ Investment in Synthetic Risk Transfers Face Fresh Scrutiny Under EU Proposals

Insurers putting money into one of private credit’s hottest trends will face fresh oversight from the EU’s financial stability watchdog, under new proposals to bridge the gap between member states on a deal to revamp Europe’s securitization market. Denmark, which …

25 11, 2025

Deadly Floods Hit Southeast Asia as More Rain Forecast

By | November 25th, 2025|Uncategorized|Comments Off on Deadly Floods Hit Southeast Asia as More Rain Forecast

Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early next week. Flooding in southern Thailand has killed at least 13 people and swamped around 800,000 households and rubber- and …

25 11, 2025

Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes

By | November 25th, 2025|Uncategorized|Comments Off on Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes

On the hunt for cheap and fast strategies to prevent deadly wildfires, utilities across the US and Europeare contracting with a handful of artificial intelligence startups to map wildfire risk along thousands of miles of power lines, picking out individual …

25 11, 2025

Royal Bank of Canada Denies Claims of ‘Boys Club’ Culture, Bias Against Women

By | November 25th, 2025|Uncategorized|Comments Off on Royal Bank of Canada Denies Claims of ‘Boys Club’ Culture, Bias Against Women

Royal Bank of Canada denies claims that it fostered a “boys’ club” environment at its US capital-markets business, disputing allegations that the firm engaged in sex-based discrimination against female bankers and offered unequal pay and promotions to women. In a …

21 11, 2025

Joby Aviation Sues Air-Taxi Rival Archer Over Trade Secrets

By | November 21st, 2025|Uncategorized|Comments Off on Joby Aviation Sues Air-Taxi Rival Archer Over Trade Secrets

Electric air-taxi company Joby Aviation has sued rival Archer Aviation in California state court for allegedly stealing its trade secrets, according to a complaint made public on Thursday. Joby said in the lawsuit, filed on Wednesday in state court in …

21 11, 2025

As Infant Botulism Cases Climb, Recalled ByHeart Baby Formula is Still on Some Shelves

By | November 21st, 2025|Uncategorized|Comments Off on As Infant Botulism Cases Climb, Recalled ByHeart Baby Formula is Still on Some Shelves

As cases of potentially deadly botulism in babies who drank ByHeart infant formula continue to grow, state officials say they are still finding the recalled product on some store shelves. Meanwhile the company reported last week that laboratory tests confirmed …

21 11, 2025

The 2025 Atlantic Hurricane Season: Rapidly Intensifying Storms Between Long Lulls

By | November 21st, 2025|Uncategorized|Comments Off on The 2025 Atlantic Hurricane Season: Rapidly Intensifying Storms Between Long Lulls

This year’s Atlantic hurricane season will be remembered for bursts of extreme weather intensity falling between long and quiet stretches with no tropical activity. It was also the first season without a U.S. hurricane landfall in 10 years. That’s the …

24 11, 2025

Wells Fargo Whistleblower on Sham Interviews Wins Right to Sue

By | November 24th, 2025|Uncategorized|Comments Off on Wells Fargo Whistleblower on Sham Interviews Wins Right to Sue

A whistleblower who accused Wells Fargo & Co. of conducting sham interviews with minority job candidates will now be able to sue the bank over his firing. Wells Fargo lost a bid to place the former employee’s wrongful-termination complaint into …

24 11, 2025

Tesla Sued Over Another Fatal Crash in Growing Scrutiny of Doors

By | November 24th, 2025|Uncategorized|Comments Off on Tesla Sued Over Another Fatal Crash in Growing Scrutiny of Doors

Tesla Inc. was sued over a fiery crash in Washington state that left one person dead and another seriously injured after rescuers allegedly struggled to open the vehicle’s doors, the latest in a growing body of litigation scrutinizing the company’s …