KKR & Co. is set to reap a $3.3 billion windfall from its deal to sell USI Insurance Services to Aon Plc for $17 billion, a significant exit for a unit that’s invested its balance sheet in long-term private equity …
Auto insurer Dairyland announced that it will return $30 million in savings to eligible Florida private passenger automobile policyholders through a one-time dividend. The insurer is crediting legal system changes signed into law in 2023 and “improved market stability” for …
More than a year after wildfires devastated Pacific Palisades, a nonprofit is advancing a plan to tap the public debt market to create housing in the slow-to-recover Los Angeles wealthy enclave. Uplifters Foundation plans to build new $3 million houses …
Meta Platforms emerged from its biggest legal challenge in the U.S. with its core business intact. The social media giant agreed on Wednesday to pay as much as $18 billion over a decade and limit how teenagers use Facebook and …
U.S. health authorities have widened their probe into a cyclosporiasis outbreak tied to iceberg lettuce from central Mexico after detecting cases in three additional states, raising the total to 20 states, the Food and Drug Administration (FDA) and the Centers …
Many small business wanting to grow by selling to customers in other countries learn the costs for trade shows, international travel, insurance, and market research can be an obstacle. Delaware has a program — The Compass Grant— that helps cover …
A huge recall in China last week aims to address a long-standing fear of EV owners: potentially being trapped in their cars when the power fails. It also highlights how Beijing is now spearheading new auto safety standards for some …
More than a dozen models of Chinese-made Zbtlink routers ship with at least two backdoors that could allow for invasive remote access akin to “surveillance,” according to new findings from cybersecurity firm VulnCheck. The two new backdoors — dubbed “Darklantern” …
Kalshi Inc. has entered a partnership with The Weather Company to bolster the data it uses to settle contracts in rapidly growing weather and climate prediction markets. The prediction platform is seeking to establish market-implied probabilities as another source of …
Artificial intelligence companies OpenAI and Anthropic PBC, along with more than 100 other tech and financial services organizations, warned that businesses and governments must do more to prepare for and defend against AI-enabled hacks. In an open letter Thursday, the …