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China’s Kuaishou Shares Fall to Near Five-Week Low After Livestreaming Cyberattack
Shares of Kuaishou dropped by as much as 6% on Tuesday to HK$62.70 ($8.06), their lowest since November 21, after the Chinese short video platform was hit by a cyberattack on Monday night. The stock is set for its biggest …
POSTED DECEMBER 23, 2025 1:35 PM |
J&J Vows Appeal After Jury Hits it With $1.5B Talc Cancer Award
A Baltimore jury ordered Johnson & Johnson and its subsidiaries to pay over $1.5 billion to a woman who claimed decades of exposure to asbestos in the company’s talc-based products caused her peritoneal mesothelioma, a form of cancer. Jurors in …
POSTED DECEMBER 23, 2025 12:03 PM |
South Korea Online Retailer Coupang Faces US Securities Class Action Over Data Breach
South Korean e-commerce company Coupang has been sued in a U.S. court in an investor class action alleging violations of securities laws after a cybersecurity breach exposed personal information of more than 33 million customers. The lawsuit, filed last week …
POSTED DECEMBER 23, 2025 11:51 AM |
Britain’s Top CEOs Predict the Biggest Challenges of 2026
The bosses of some of Britain’s biggest companies predict a fresh wave of challenges next year, as they absorb the impact Chancellor of the Exchequer Rachel Reeves’ tax-raising budget in November. Chief executive officers in sectors including finance, housing, gambling …
POSTED DECEMBER 23, 2025 11:29 AM |
Cyberattack Hits French Postal Service, Delaying Mail Deliveries
A suspected cyberattack disrupted services provided by French postal service La Poste on Monday, delaying package deliveries and online payment systems during the holiday season. The company said in a statement that a “major network incident” had disrupted its information …
POSTED DECEMBER 23, 2025 10:55 AM |
Instacart to Pay $60 Million in FTC Consumer Protection Case
Grocery delivery firm Instacart will pay $60 million to refund consumers who were deceived into enrolling in the company’s subscription service, Instacart+, the US Federal Trade Commission said. The consumer protection agency said the company that operates Instacart, Maplebear Inc., …
POSTED DECEMBER 23, 2025 6:57 AM |
Check it Twice: Holiday Cargo Theft Events Up 82% Since 2020
Keep an eye on that sleigh, Santa—holiday cargo theft events increased 82% between 2020 and 2024. “The holiday period creates conditions criminals exploit—reduced oversight, facility closures, and high-value freight moving on compressed schedules,” said Keith Lewis, vice president of operations …
POSTED DECEMBER 23, 2025 6:32 AM |
Markets/Coverages: Risksmith Launches New DIC Earthquake Program
Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program. Built for large, complex and true excess & surplus property exposures, the program offers flexibility, deep technical expertise and underwriting …
POSTED DECEMBER 23, 2025 6:29 AM |
Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
A former chief executive officer of a statistical agent that compiles data from insurance companies for state insurance departments has been sentenced on charges related to her theft of millions of dollars from the organization. According to court records out …
POSTED DECEMBER 23, 2025 6:10 AM |
People Moves: CRC Adds New Brokers in Nashville, Birmingham
CRC Specialty, an independent wholesale specialty insurance distributor, named two new brokers in its Southeast operations. Ron Bussey will be a senior broker based in Nashville, focused on casualty insurance placements for large and middle-market clients, the company said in …
POSTED DECEMBER 23, 2025 6:01 AM |
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