Chevron CEO Mike Wirth told employees they needed to reinforce safety standards after a growing number of injury near-misses in an internal video message on April 29, just weeks before three workers died due to a fire on one of …
Month: June 2025
DoorDash, Grubhub, Uber Eats Settle Wage Lawsuits Against New York City
DoorDash, Grubhub and Uber Eats have settled lawsuits against New York City over laws that boosted minimum wages for delivery workers and capped how much the companies could charge restaurants for delivering meals. The settlement filed on Wednesday in federal …
Fire Damages 40 Buses at Philadelphia Transit Lot
A fast-moving fire erupted early Thursday at a transit bus lot in Philadelphia and burned dozens of decommissioned vehicles, sending a thick plume of black smoke into the sky but causing no injuries. The fire did not impact the morning …
South African Insurers to Face Climate Stress Test, SARB Says
South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to anticipate threats that can do far-reaching economic harm. “This year we put out our first climate-risk scenario, common stress test, …
Extreme Weather Is Stress-Testing India’s Infrastructure Drive
Indian monsoons this year — the earliest onset since 2009 — damaged new public infrastructure across the country, putting pressure on Prime Minister Narendra Modi’s push for an infrastructure upgrade in the world’s fifth-largest economy. A recently inaugurated underground metro …
Chinese Hackers, User Lapses Turn Smartphones Into a ‘Mobile Security Crisis’
Cybersecurity investigators noticed a highly unusual software crash — it was affecting a small number of smartphones belonging to people who worked in government, politics, tech and journalism. The crashes, which began late last year and carried into 2025, were …
UK’s Visa Crackdown Leaves City of London Immigrants in Limbo
One banker in the City of London is faced with paying an extra £40,000 a year in university fees for his children. Nursing homes are worried about finding enough caretakers for residents. The insurance industry says overseas relocations have now …
US DOT Declares Fuel Economy Rules Exceeded Legal Authority
The Transportation Department paved the way for looser U.S fuel economy standards on Friday by declaring that former President Joe Biden’s administration exceeded its authority by assuming high uptake of electric vehicles in calculating rules. The department made the declaration …
A Deep Dive: Recommendations on Georgia’s Rising Premiums, Loss Ratios
Homeowners’ insurance premium in Georgia costs less than in other states. Neither affordability nor availability have been major concerns in a state with hundreds of licensed insurers. But things changed in 2023-2024 when Hurricanes Idalia, Helene, and Milton struck the …
Companies Delay Impact Reports With DEI, ESG Under Attack
It was just over a year ago when Nike Inc.’s then-CEO, John Donahoe, trumpeted a flashy 90-second video, hyping a report about the company’s efforts to improve diversity and equality. The report, he said in a LinkedIn post, is “a …