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Author: Farkas Laura
Homes in November Sold at Fastest Pace in 10 Months
Home sales in the United States increased in November, owing to low mortgage interest rates and a strong labor market. The National Association of Realtors reported Wednesday that existing-home sales increased 1.9 percent from the previous month to a seasonally adjusted annual rate of 6.46 million, the highest rate since January. November sales were down… Continue reading Homes in November Sold at Fastest Pace in 10 Months
Another Amazon Web Services Outage This Month Disrupts Slack, Asana
Amazon’s Web Services went down on Wednesday, slowing down the popular office communications platform Slack and disrupting other sites. This is at least the third outage this month. The outage was caused by a “loss of power within a single data center within a single Availability Zone (USE1-AZ4) in the US-EAST-1 Region,” according to AWS.… Continue reading Another Amazon Web Services Outage This Month Disrupts Slack, Asana
Los Angeles Jury Awards Fired Insurance Executive $155 Million
A Los Angeles Superior Court jury handed a fired insurance company executive a verdict totaling $155.4 million – including $150 million in punitive damages. Plaintiff Andrew Rudnicki worked for Farmers Insurance Exchange as a senior executive and lawyer in its Claims Litigation division. Farmers claimed it terminated Rudnicki’s employment after he made sexist and inappropriate… Continue reading Los Angeles Jury Awards Fired Insurance Executive $155 Million
Workplace Stress Is Rampant, Employers Struggling to Respond
In the first ten months of this year, nearly 39 million Americans resigned, the highest number since tracking began in 2000. Some people want better jobs. Others would prefer a better work-life balance. Others want to take a complete break from the corporate grind. Almost two years into the pandemic that has forced millions to… Continue reading Workplace Stress Is Rampant, Employers Struggling to Respond
Willis Towers Watson Launches New Risk & Analytics Tool for Trade Credit
Willis Towers Watson today announced that it has launched a new Risk and Analytics model for the trade credit market. The model analyses clients’ trade receivables to predict potential losses over a range of statistical scenarios. A typical model run covers: Rating and spread of risk on an aggregate portfolio, region, trade sector and individual… Continue reading Willis Towers Watson Launches New Risk & Analytics Tool for Trade Credit
Tornadoes Push Insurers 2021 Claims Over $105 Billion
The devastation caused by tornadoes that slammed parts of the United States this month will push the insurance industry’s 2021 bill for weather-related claims well above the predicted $105 billion, according to industry experts, and premiums should rise due to concerns that climate change will lead to more severe weather. According to preliminary estimates, tornadoes… Continue reading Tornadoes Push Insurers 2021 Claims Over $105 Billion
Pressure Builds for Medical Boards to Take Action Against Doctors Peddling False Virus Claims
They have called COVID-19 a hoax, promoted unproven treatments, and made false claims about the vaccine, such as that the shots attract the human body. The perpetrators of this misinformation are not anonymous figures lurking in the shadows of the internet. They are a small but vocal group of doctors who practice in communities across… Continue reading Pressure Builds for Medical Boards to Take Action Against Doctors Peddling False Virus Claims
McDonald’s to Pay $33.5 Million After Discrimination Suit
McDonald’s will pay $33.5 million to a former baseball player who owns several franchises to settle a racial discrimination lawsuit filed by the black man against the company. Herb Washington owned more than a dozen restaurants in Ohio and Pennsylvania when he filed a lawsuit in February alleging that the company treated white owners better… Continue reading McDonald’s to Pay $33.5 Million After Discrimination Suit
Ransomware Continues Despite Slowdown of High-Profile Attacks
There hasn’t been a massive attack like the one last May that resulted in gasoline shortages in the months since President Joe Biden warned Russia’s Vladimir Putin that he needed to crack down on ransomware gangs in his country. But it’s a small consolation for Ken Trzaska. Trzaska is the president of Lewis & Clark… Continue reading Ransomware Continues Despite Slowdown of High-Profile Attacks