by AIP Online Bureau | Oct 1, 2024 | Eco/Invest/Demography, International News, Risk Management
Elon Musk,CEO,Tesla U.S. District Judge Araceli Martinez-Olguin in San Francisco said shareholders failed to show Tesla and Musk should be liable for falsely promising they were close to delivering technology that would drive safer than humans, but that was actually...
by AIP Online Bureau | Sep 30, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Oxford Economics estimated that a strike would cost the US economy $4.5 billion to $7.5 billion a week — a hit to gross domestic product that would be reversed after it’s over and shipments resume The world’s top container carrier is urging customers to move US cargo...
by AIP Online Bureau | Sep 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management, Technology
Toyota suspended some forklift sales in Japan in March 2023 because of emissions issues “Toyota has tried to limit the damage to Japan,” but its “toxic culture of fraud, negligence, and noncompliance” undermined forklift engine certifications in all markets, including...
by AIP Online Bureau | Sep 25, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Delta Air Lines has vowed to take legal action, saying the outage forced it to cancel 7,000 flights, impacting 1.3 million passengers over five days, and cost it $500 million. CrowdStrike rejected Delta’s contention, that it should be blamed for massive flight...
by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
Fed Chair Jerome Powell Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75%-3.00% range...
