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EU to Propose Removing Business Barriers to Enhance Competitiveness Amid US Tariffs
The European Commission set out plans on Wednesday to remove barriers to business within the European Union as part of a push to boost competitiveness and counteract the impact of U.S. tariffs. The International Monetary Fund has estimated that internal …
POSTED MAY 21, 2025 3:02 PM |
Former Progressive CEO Renwick, 69, Dies
The Progressive Corp. published a statement that the company mourned the loss of its former chief executive officer and chairman, Glenn Renwick. According to the statement, Renwick passed away on Friday, May 16 at the age of 69. “Glenn’s contributions …
POSTED MAY 21, 2025 2:33 PM |
Hack of Contractor Was at Root of Massive Federal Data Breach
A software company that handles sensitive data for nearly every US federal agency was the victim of a cyber breach earlier this year due to a “major lapse” in security measures, according to documents reviewed by Bloomberg News. Opexus, which …
POSTED MAY 21, 2025 2:10 PM |
Acrisure Secures $2.1 Billion Funding Round for M&A, Tech
Acrisure said it has entered into a definitive agreement for the issuance of new convertible senior preferred stock in a $2.1 billion capital raise led by Bain Capital. Acrisure said the company’s valuation stands at $32 billion—a nearly 40% increase …
POSTED MAY 21, 2025 1:49 PM |
People Moves: World Insurance Associates Names Youshock Head of Personal Lines; Belair Appointed President of Technology at Intact Insurance Specialty Solutions
World Insurance Associates Names Youshock Head of Personal Lines World Insurance Associates LLC, headquartered in Iselin, New Jersey, named Michelle Youshock head of personal lines, replacing Jim Hickey, who is taking over carrier consolidation efforts. Youshock, based in Las Vegas, …
POSTED MAY 21, 2025 1:06 PM |
New Salmonella Outbreak Tied to Same Florida Grower With Cucumbers Last Year
U.S. health officials are investigating a new outbreak of salmonella illnesses tied to a Florida grower whose tainted cucumbers were linked to more than 550 illnesses last year. Cucumbers grown by Florida-based Bedner Growers and distributed by Fresh Start Produce …
POSTED MAY 21, 2025 1:03 PM |
Global Forest Loss Tops Record as Wildfires Drive Destruction
Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the latest annual assessment by …
POSTED MAY 21, 2025 1:02 PM |
DoorDash Expands Driver Savings Pilot Program to Maryland
DoorDash said it is expanding its benefits savings program with a new pilot in Maryland for eligible drivers. Expenses covered under this program can include retirement savings, health, dental, and vision insurance, and paid time off. DoorDash said similar pilot …
POSTED MAY 21, 2025 12:31 PM |
Chevron Says One Missing After Fire at Angola Offshore Oil Platform With 17 Injured
Chevron’s Angolan business said on Wednesday that there was one person missing after an early morning fire at its Benguela Belize Lobito Tomboco (BBLT) offshore oil platform on Tuesday. Seventeen people were injured, four seriously, when the fire started around …
POSTED MAY 21, 2025 12:27 PM |
Amazon’s Zoox Expands Robotaxi Trials to Rival Turf in Atlanta
Amazon.com Inc.’s Zoox is expanding testing of its autonomous driving technology to Atlanta, moving in on a market where Alphabet Inc.’s Waymo is expanding with Uber Technologies Inc. Zoox has already deployed a small number of test vehicles in the …
POSTED MAY 21, 2025 12:22 PM |
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