U.S.
Brexit Threatens 10 Percent of London’s Financial Jobs: London Official
Up to 10 percent of jobs in London's financial district may be lost if Britain fails to secure adequate access to European Union markets after Brexit, a City of London official said on Wednesday. ...
Carl Icahn Named Trump Special Adviser for Regulation Overhaul
President-elect Donald Trump named billionaire investor Carl Icahn a special adviser to help him overhaul federal regulations in ways the Republican said would promote business growth. "His help on ...
Uber Halts Autonomous Car Program in Calif. After Vehicle Registrations Revoked
Uber Technologies Inc. pulled its self-driving cars from San Francisco's streets after the state of California revoked registrations for the vehicles. The move impacted 16 Uber automobiles, the ...
Healthy Growth in U.S. Personal Auto Premiums Faces Future Risk: A.M. Best
The U.S. personal auto insurance industry saw net premiums written grow 5.1 percent in 2015 — a rate of growth that may not be repeated as rising loss ratios weaken both underwriting and operating ...
Donegal Mutual and Mountain States Announce Strategic Affiliation
Donegal Mutual Insurance Co. and Mountain States Mutual Casualty Co. have announced plans for a strategic affiliation. Subject to regulator and policyholder approval, Mountain States will merge into ...
American Airlines Wins $15M in Antitrust Case Against Sabre
American Airlines Group Inc on Tuesday won about $15.3 million in an antitrust lawsuit that accused airline booking service Sabre Corp of harming competition and charging grossly inflated booking ...
VW Reaches $1B Agreement to Settle Emissions-Cheating Scandal Lawsuits
Volkswagen AG took an important step in digging out from its emissions-cheating scandal by reaching a $1 billion agreement to settle lawsuits over tainted 3.0-liter diesel engines. The preliminary ...
U.S. Investigation Blames Facebook’s Big Drone Crash on Autopilot
The wing on Facebook Inc.'s experimental high-altitude drone broke last summer in Arizona after the massive aircraft hit an updraft and its autopilot overcompensated seconds before touchdown on its ...