A housing market downturn in Canada is among the biggest risks facing the financial system this year, the country’s financial regulator said on Thursday, adding it plans to review the existing home loan stress test and expand its application to …
A federal judge in California approved an $85 million settlement between Zoom Video Communications and millions of users who said the teleconference meeting application violated their privacy rights by sharing personal data to companies such as Facebook and Google, and …
Auto insurance carriers and independent agents in New York have launched a campaign to eliminate what they say is an outdated requirement for the state’s auto insurance buyers. The group wants lawmakers to let auto insurance companies waive the vehicle …
Arthur J. Gallagher & Co. acquired Greenwood Village, Colorado-based Ryan Insurance Strategy Consultants. John Ryan and his associates will continue operating from their current location under the direction of Kevin Garvin, head of Affinity North America for Gallagher’s retail property/casualty …
New Delhi is halving its fundraising goal for Life Insurance Corp. of India’s IPO to 300 billion rupees ($3.9 billion), having had to cut its valuation estimates after feedback from investors, a government source said. The drastic lowering of ambitions …
Two people died in a casino fire in a small town in south-central Montana, Carbon County Sheriff Josh McQuillan said. Marla Murray, 71, and John Ahles, 33, died Wednesday morning in the fire at Honest Tom’s Saloon and Casino in …
Norges Bank Investment Management, one of the main institutional investors in Generali, backs the reappointment of CEO Philippe Donnet, a proxy voting record on the website of the company running Norway’s sovereign wealth fund showed. Shareholders in Italy’s biggest insurer …
The parents of a man killed in Washington by Auburn police have filed a federal wrongful death and civil rights lawsuit alleging an officer shot Enosa Strickland Jr. in the back of the head while he was lying in a …
An Australian court ordered Westpac Banking Corp. to pay A$113 million ($82.92 million) in penalties for multiple compliance failures across its businesses, after hearing the last of the six cases filed against it by the country’s corporate watchdog. The Federal …
China’s “uniquely restrictive” data laws risk boosting U.S. firms’ cost of doing business in the No. 2 economy and could lead to digital decoupling, a new report from an American business group warns. The government’s curbs on data movement across …