Tag: Financial services
In crosshairs of ransomware crooks, cyber insurers struggle
BOSTON — In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help...
Bidding war speculation gives UK’s Morrisons shares a boost
LONDON — Shares in British supermarket chain Morrisons spiked by 11% on Monday as investors priced in the possibility of a bidding war for...
Fortress-led group to buy UK’s Morrisons for $8.7 billion
LONDON — Morrisons, the U.K.’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound ($8.7 billion) takeover bid from a group of buyers led by...
San Francisco Fed’s Daly: Healthy economy needs less support
WASHINGTON — With interest rates ultra-low even as the U.S. economy swiftly improves, Federal Reserve officials are divided over how quickly they should adjust...
Boys Scout bankruptcy plans angers some, welcomed by others.
NEW YORK — An $850 million agreement by the Boy Scouts of America to compensate sex-abuse victims prompted outrage Friday from some survivors and...
Boy Scouts of America reaches pivotal agreement with victims
DOVER, Del. — The Boys Scouts of America have reached an agreement with attorneys representing some 60,000 victims of child sex abuse in what...
GOP candidate’s private equity resume draws scrutiny in Va.
RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...
GOP candidate’s private equity resume draws scrutiny in Va.
RICHMOND, Va. — Newly retired, Judy Pavlick was among hundreds of seniors who enjoyed the low cost-of-living and friendly atmosphere at Plaza Del Rey,...
How COVID-fueled crowdfunding can revive small businesses
A pandemic-fueled boom in crowdfunding has small businesses flocking to capital-raising platforms that experts say could help many companies get back to normal —...
Trump-era law on surprise medical bills advances under Biden
WASHINGTON — The Biden administration on Thursday began putting in place consumer protections against “surprise” medical bills enacted in bipartisan legislation signed last year...