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Insurtech Hippo Full-Year Net Income Reverses 2024 Loss
Insurtech Hippo posted fourth-quarter 2025 net income of $6 million, compared with $44 million a year ago during the same period. San Jose, California-based said last year’s Q4 results included the a gain from it sale of a majority stake …
POSTED FEBRUARY 25, 2026 1:36 PM |
Switzerland to Pay 50,000 Francs to Crans-Montana Fire Victims
Switzerland will pay victims of the deadly bar fire in the Crans-Montana ski resort a “solidarity contribution” of 50,000 francs ($64,500) after the government concluded that the current support system for the affected is insufficient. The sum will be paid …
POSTED FEBRUARY 25, 2026 1:18 PM |
Hackers Used AI to Breach 600 Firewalls in Weeks, Amazon Says
Over the last five weeks, a limited number of hackers broke into more than 600 firewalls across dozens of countries with the help of widely available artificial intelligence tools, according to security research from Amazon.com Inc. The small group of …
POSTED FEBRUARY 25, 2026 12:39 PM |
Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses
Cyberattacks are no longer designed solely to cause immediate business disruption. Instead, they are increasingly engineered to inflict sustained financial, regulatory and reputational damage that lingers well beyond the initial incident, according to a new portfolio study from Resilience, a …
POSTED FEBRUARY 25, 2026 12:02 PM |
Canada to Press OpenAI Safety Officials in Wake of School Shooting
Canada will press OpenAI officials on Tuesday about their safety protocols after it emerged the ChatGPT maker did not contact police about an account it banned belonging to an alleged mass shooter, a government minister said. Jesse Van Rootselaar, 18, …
POSTED FEBRUARY 25, 2026 11:53 AM |
What to Know About Killing of Powerful Cartel Leader ‘El Mencho’ in Mexico
The Mexican army killed the country’s most powerful cartel leader and one of the United States’ most wanted fugitives, notching a major victory while cartel members responded with a wave of violence across the country. The killing Sunday of Jalisco …
POSTED FEBRUARY 25, 2026 11:40 AM |
Surge of Insurance Capital Into Private Markets Boosts Hiring, Pay Deals
The surge of insurance capital into private markets is boosting hiring and pay deals in the sector despite recent jitters, with senior managing directors asking for pay packets of $2.5 million and above. Those are some of the findings in …
POSTED FEBRUARY 25, 2026 10:16 AM |
Tycoon Richard Li’s Bolttech Is Said in Talks to Buy MoneyHero
Bolttech Holdings Ltd. is in talks to buy Nasdaq-listed MoneyHero Ltd., people familiar with the matter said, a move that would combine two financial technology firms backed by billionaire Richard Li. Closely held Bolttech is doing due diligence and valuation …
POSTED FEBRUARY 25, 2026 9:44 AM |
Amex, Deere, J&J Abandon Board Diversity Rule, Activist Says
American Express Co., Deere & Co. and Johnson & Johnson have dropped diversity criteria for selecting new board directors, according to a conservative shareholder activist group. Goldman Sachs Group Inc. is considering a similar change, Bloomberg confirmed earlier this week. …
POSTED FEBRUARY 25, 2026 6:12 AM |
Tesla Must Face Lawsuit Alleging Anti-American Bias in Hiring, Judge Rules
A U.S. judge has refused to dismiss a lawsuit accusing Tesla of discriminating against American citizens in hiring so it can pay less to foreign workers, but said he was skeptical that the software engineer who sued would prevail. U.S. …
POSTED FEBRUARY 25, 2026 6:05 AM |
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