News
Expected La Nina’s Impact on Winter Weather
The National Oceanic and Atmospheric Administration's Climate Prediction Center says there is a 60 percent chance that a weak La Nina event will develop this autumn and could last until March. La ...
ESG’s Appeal Fades in Emerging Markets as Profit Seeking Eclipses Virtue
Sustainable investments in emerging markets are facing a reckoning as environmental, social and governance strategies crumble under the weight of ongoing capital outflows and the appeal of ...
Another Satellite Breakup Adds to Rising Problem of Space Junk
A large communications satellite has broken up in orbit, affecting users in Europe, Central Africa, the Middle East, Asia and Australia, and adding to the growing swarm of space junk clouding our ...
McKinsey to Pay at Least $500 Million in DOJ Opioid Probe
McKinsey & Co. is nearing a deal with U.S. prosecutors to pay at least $500 million to settle federal probes into its past work helping opioid makers boost sales, according to people familiar ...
Business Leaders Rushing AI Adoption Raise Concerns Over Literacy, Ethics and Preparedness: Report
As U.S. business leaders across industries increasingly rely on artificial intelligence (AI) for critical decision-making, gaps in literacy, ethical usage and organizational preparedness remain ...
U.S. Grants Nearly $2B to Harden Power Grid Against Extreme Weather
The U.S. on Friday announced nearly $2 billion in grants to protect its aging power grid against the growing threat of extreme weather fueled by climate change. This round of funding for the Grid ...
Executives on the Move at Aon Reinsurance Solutions and Ryan Specialty
Insurance broker Aon plc announced the creation of two new U.S. Reinsurance Solutions leadership roles. Effectively immediately, Stephen Hofmann has been named U.S. CEO of Reinsurance Solutions for ...
90% of Insurers Have GenAI Budgets; 10% Can Fully Comply With AI Regs
Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs and improve risk management, but few are fully ready to ...