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NY Fed Finds Modest Impact of AI on Jobs Even as Usage Increases

by lpiccitto | Sep 5, 2025 | Uncategorized

Use of artificial intelligence among businesses jumped in the last year and is expected to continue to grow, yet few firms have cut jobs as a result so far, according to a new Federal Reserve Bank of New York study. …

People Moves: Everest Promotes Voralia as CUO, Global Reinsurance; BHSI Appoints Spink as Head of Marine, Australasia

by lpiccitto | Sep 5, 2025 | Uncategorized

This edition of International People Moves details appointments at Everest Reinsurance and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Everest Promotes Voralia as CUO, Global Reinsurance Everest Reinsurance, the...

FTC to Review AI Chatbot Risks With Focus on Privacy Harms

by lpiccitto | Sep 5, 2025 | Uncategorized

The US Federal Trade Commission plans to study the harms to children and others of AI-powered chatbots like those offered by OpenAI, Alphabet Inc.’s Google and Meta Platforms Inc., according to people familiar with the matter. The study will focus …

Missing Billions in Pakistan Expose Grim Reality of Global Climate Finance Aid

by lpiccitto | Sep 5, 2025 | Uncategorized

When churning flood waters swept away a group of tourists in Pakistan’s Swat Valley in June, the whole country felt a sense of déjà vu. Just three years ago, extensive floods had swallowed entire hotels and families vacationing in the …

US Government Says Southern California Edison Should Pay for LA Fire Costs

by lpiccitto | Sep 4, 2025 | Uncategorized

The U.S. asked a federal court to force Southern California Edison to pay for fighting a pair of wildfires that were believed to have originated from its power lines, including the Eaton Fire in January in Los Angeles County that …

AccuWeather: Warm Gulf Water Could Fuel Storm Intensification in September

by lpiccitto | Sep 4, 2025 | Uncategorized

The Gulf Coast has avoided any major tropical storms so far this hurricane season, but the Gulf’s luck could soon change, AccuWeather hurricane experts say. Water temperatures in the Gulf are exceptionally warm, creating conditions for rapid intensification of storms....
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