Editor's Picks Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising... Read More
Vatican Report Calls for Reparations for Abuse Victims And Tougher Sanctions for Abusers The Vatican’s child protection board said the Catholic Church has a moral obligation to help victims of clergy sexual abuse... Read More
Editor's Picks State Emergency Officials: New Rules, Delays for FEMA Grants Put Disaster Response at Risk State officials on the front lines of preparing for natural disasters and responding to emergencies say severe cuts to federal... Read More
BNP Paribas Shares Tumbled After Jury’s Sudan Verdict BNP Paribas shares tumbled on Monday, after a U.S. jury found the French bank helped Sudan’s government commit genocide by... Read More
Japan Retailers Halt Online Sales on Supplier Cyber Attack A cyber attack on Askul Corp. is disrupting e-commerce and logistics for major Japanese retailers including Muji owner Ryohin Keikaku... Read More
Amazon Delivery Firms Are Bailing Amid Rising Costs In 2022, Jake Clay started an Amazon delivery firm in Odessa, Texas, after hearing about the company-sponsored program from a... Read More
Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent,... Read More
Waymo Robotaxis Probed Over Safety Around School Buses The U.S. National Highway Traffic Safety Administration said on Monday it has opened a preliminary probe into about 2,000 Waymo... Read More
Amazon’s AWS Struggles to Recover After Major Outage Disrupts Apps, Services Worldwide Amazon’s cloud services unit AWS was struggling to recover on Monday from a widespread outage that knocked out thousands of... Read More
Hackers Had Been Lurking in Cyber Firm F5 Systems Since 2023 The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s... Read More