Global Economy
Yahoo Reports Cyber Attack Breached at Least 500 Million Accounts
Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing a wide swath of its roughly 1 billion users ahead of Verizon ...
Consolidation Vaults Tokio Marine to List of Top U.S. Surplus Lines Groups: A.M. Best
The 2015 roundup of the top U.S. domestic surplus lines carriers is more of the same, blended with a key element - consolidation - that could portend greater changes in the roster to come. A.M. ...
Lloyd’s of London Already Planning to Shift Some Businesses to EU
The Lloyd's of London insurance market is already working on plans to move some business to the European Union, aiming to be ready for the shift as soon as Britain starts divorce proceedings from the ...
The Latest Launches From Chubb, QBE and Lockton
Chubb expanded its cyber risk engineering capabilities in the U.K. and Ireland. QBE North America gave clients a new endorsement as part of its Product Liability product offering. Lockton is now ...
Tesla Security Patch Released to Address Model S Hacking Vulnerabilities
Tesla Motors Inc has rolled out a security patch for its electric cars after Chinese security researchers uncovered vulnerabilities they said allowed them to remotely attack a Tesla Model S sedan. ...
German Investors Sue VW for Record $9.2B in Emissions Scandal Fallout
Volkswagen AG faces Germany's biggest investor lawsuit as attorneys filed complaints totaling 8.2 billion euros ($9.2 billion) related to the diesel emissions scandal that wiped out a third of the ...
Self-Driving Car Guidelines Urge Data Sharing to Boost Safety
Competitors locked in a cut-throat race to bring fully self-driving cars to American roads are being asked to share experiences with "edge cases," rare scenarios that pose the most vexing safety ...
Berkshire Hathaway’s Combs Named to JPMorgan’s Board as Banking Ties Grow
Berkshire Hathaway Inc.'s Todd Combs has been named to the board of JPMorgan Chase & Co., helping him build expertise beyond investment management and expanding the ties of Warren Buffett's ...