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Swiss Re Profits Up Despite Losses from California Wildfires

by lpiccitto | May 16, 2025 | Uncategorized

Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier, well ahead of the $952 …

Cyberattack-Hit M&S Says Food Availability Improving Every Day

by lpiccitto | May 16, 2025 | Uncategorized

British retailer Marks & Spencer said on Thursday food volumes flowing from its distribution centers to its stores were back to normal levels after product availability was hit by last month’s cyberattack. “In chilled areas of our stores, customers can...

Rogue Communication Devices Found in Chinese Solar Power Inverters

by lpiccitto | May 16, 2025 | Uncategorized

U.S. energy officials are reassessing the risk posed by Chinese-made devices that play a critical role in renewable energy infrastructure after unexplained communication equipment was found inside some of them, two people familiar with the matter said. Power...

Texas Sweetens Pitch to CEOs, Boards With New State Protections

by lpiccitto | May 16, 2025 | Uncategorized

Texas is trying to entice more companies to ditch Delaware and incorporate in the state, just like Tesla Inc. and Space Exploration Technologies Corp. did last year at the behest of Elon Musk. Governor Greg Abbott is poised to sign …

Christian Dior Couture Client Data Breached in Cyberattack

by lpiccitto | May 16, 2025 | Uncategorized

Christian Dior Couture has been hit by a cyberattack, with hackers obtaining some of its customers’ data. LVMH’s second biggest fashion label said it recently discovered that an “unauthorized external party” accessed some of its customers’ data but no financial...

Morton Salt Settles Ohio Discrimination Case with $75,000 Payment

by lpiccitto | May 16, 2025 | Uncategorized

Morton Salt, Inc. will pay $75,000 and provide other relief to settle a race, disability and retaliation discrimination case filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s lawsuit, the affected...
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