Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related financial risks, just as the volume of disclosures from banks and other companies is set to rise. The Bank for …

The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from its focus on reflating growth with decades of massive monetary stimulus. While the …

China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands at the center of one of the biggest financial fraud cases in history. The nation’s top securities regulator said the …

The National Association of Realtors agreed to settle litigation over commission rules for US real estate agents, clearing the way for possible changes in how Americans buy and sell homes. For homeowners and buyers, the proposed settlement marks an important …

In the wake of a record-shattering 28 billion-dollar extreme weather and natural disaster season in 2023, the U.S. finds itself at the mercy of an increasingly volatile climate. As hurricanes grow fiercer, sea levels rise and rainfall patterns shift, one …

RALEIGH, N.C. (AP) — North Carolina’s elected labor commissioner has declined to adopt rules sought by worker and civil rights groups that would have set safety and masking directives in workplaces for future infectious disease outbreaks like with COVID-19. Commissioner …

Adam Neumann’s real estate startup Flow is planning $300 million in Miami developments in an area that was known as tent city just a decade ago. The plans include rental apartments, retail space and small offices, all within walking distance …

Full-time Florida residents and snowbirds aren’t the only ones having trouble obtaining insurance on their condominiums. Rudy Giuliani, the former New York Mayor and longtime attorney for Donald Trump, has told a bankruptcy judge that he can’t afford to pay …

The University of Maryland has lifted its suspension of most fraternities and sororities after an investigation into hazing and alcohol-related activities, the university said Friday, though five chapters will remain under investigation and continue to be subject to limited restrictions …

Washington Insurance Commissioner Mike Kreidler fined Molina Healthcare of Washington $100,000 on Tuesday for errors in the company’s enrollment and billing system. Kreidler’s office opened a review of Molina’s enrollment and billing system in 2021 after a significant increase in …

Connecticut lawmakers are considering banning the use of legacy and donor preferences in admissions to all colleges and universities across the state, including private ones like Yale University. A bill was advanced to the Senate floor on Thursday, days after …

BenefitMall has named Don Hutchinson benefits sales executive for Southern California. Hutchinson has over a decade of industry experience. Before joining BenefitMall in February, Hutchinson most recently served as a regional sales manager at Choice Administrators. BenefitMall is headquartered in …

A landslide reduced a Los Angeles house under renovation to a jumble of lumber, pulled the pool and deck away from a second home, and left the pool at a third residence on the edge of a huge fissure. The …

Moscowitz New COO at RT Specialty RT Specialty promoted Marissa Moscowitz to chief operating officer. Moscowitz has over 15 years of information technology, business intelligence and business operations experience and has been with RT Specialty since 2019. With Chicago’s RT …

Insurance broker Lockton announced a collaboration initiative with the food science company Campden BRI, a leading food science company, to support the food and drink industry and provide key risk mitigation and management support in the face of an evolving …

Dollar Tree Inc. plans to shutter about 1,000 stores in an effort to improve profitability as the discount retailer battles a spate of litigation and other headwinds. The company expects to close about 600 Family Dollar stores in the first …

Hamilton Insurance Group Ltd., the Bermuda-based re/insurer, announced the sponsorship of a new catastrophe bond through the issuance of Series 2024-1 notes by Easton Re Ltd. Easton Re will provide the company’s operating platforms with risk transfer capacity of $200 …

European Union governments backed a proposed law requiring large companies in the bloc to check if their supply chains use forced labor or cause environmental damage after Italy switched sides. A “qualified majority” of 15 EU countries making up 65% …

A mishap with a cockpit seat may have thrust the pilot into the controls of a Boeing Co. 787 plane flying to New Zealand this week, triggering the sudden plunge that injured 50 passengers, the Wall Street Journal reported, citing …

An investigation is underway after a worker at a golf cart manufacturer in Georgia was caught in a conveyor belt and fatally injured. Multiple news reports said a contract worker, Alyssa Drinkard, age 21, had dropped one or more of …