News
Explainer: How the Federal Reserve Stress Tests U.S. Banks
The U.S. Federal Reserve was due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT). Under the "stress test" exercise, the Fed tests big banks' balance ...
What is a Heat Dome? Beyond Texas, Where are Scorching Temps Headed?
Scorching temperatures brought on by a "heat dome" have taxed the Texas power grid and threaten to bring record highs to the state before they are expected to expand to other parts of the U.S. during ...
You are shopping for a new refrigerator. How do you choose? One is the right size from a durable brand...
Tech Bytes: New Partnerships at bolt, OneShield
InsurTech bolt announced a partnership with Ohio Mutual Insurance Group, an insurance company that has worked with independent agents to distribute property/casualty insurance for more than 100 ...
Social Issues of Urgent Concern for Majority of Business Leaders
The role of business in society is rapidly changing, and the majority of company leaders are taking notice. Results of a new survey conducted by Bain & Co., a global consultancy group, indicate ...
Report: Stolen Identities Top Cyber Security Threat
Stolen identities lead to massive breaches, costing businesses an average of $9.4 million per breach in 2022, a new report by ForgeRock found. Its identity breach report found that 1.5 billion ...
Former FBI Cyber Veteran Appointed Everest Re Chief Information Security Officer
Everest Re Group, Ltd., has appointed Don Good chief information security officer, effective immediately. Reporting directly to Srini Maddineni, Everest's Group chief information officer, he will be ...
Airbag Maker Can’t Promise Inflators Won’t Explode, Hurl Shrapnel
A company that makes airbag inflators that have exploded in eight incidents involving two deaths and seven injuries argued Tuesday that it can't say for sure whether its inflators might cause further ...
Mass. Judge Denies Class Action Certification of Diminished Value Claims
A judge in Massachusetts has denied class certifications for claimants seeking payments from two insurers for the lost resale value of their motor vehicles that were damaged in accidents and then ...