Organization Root Tag

  • Apple Inc. venturing into cars might shake up the electric vehicles market in the same way the iPhone revolutionized the mobile communications industry in 2007. So says Morgan Stanley.

    November 19
  • Willis Towers Watson Plc is adding four new members to its board after activist investors pushed for changes at the insurance brokerage following the collapse of a $30 billion planned sale to Aon Plc.

    November 18
  • UPS, which tested autonomous delivery vans with Waymo in the Phoenix area beginning last year, will expand that partnership to include big rigs, Waymo said in a statement. The courier first began testing autonomous technology on 18 wheelers with TuSimple in Arizona after taking an equity stake in the startup in 2019. The Waymo tests will be done for UPS’s North American Air Freight unit for delivery routes between Dallas and Houston.

    November 17
  • AIG

    American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price hikes are coming.

    November 17
  • Cryptocurrencies have faced a bumpy road to gaining acceptance from the U.S. financial system.

    November 17
  • Amazon says it isn’t legally culpable because the driver worked for Harper Logistics LLC, one of thousands of small businesses launched in recent years specifically to deliver Amazon packages. By focusing on the key role played by the algorithms, Rana’s attorney, Scott Harrison, is looking to prove that the company controls the operation, managing everything from how many packages drivers must deliver to whether they should be kept on or fired.

    November 12
    Ans Rana in Marietta on Oct. 20. Photographer: Elijah Nouvelage/Bloomberg
  • Before the year is over, Elon Musk wants to start production at Tesla’s new electric-vehicle factory outside Berlin. While he’s cautioned that ramping up Model Y output at the facility in the small town of Gruenheide will be challenging, the development is the talk of the German auto industry nonetheless.

    November 11
  • Arity, a mobility data and analytics company founded by Allstate in 2016, has made its nearly 100 million driving risk scores exclusively available on Transparent.ly, a platform for auto insurance marketers to leverage leads and target shoppers.

    November 8
    Motorists in traffic drive south on Highway 101 in Los Angeles, California, U.S., on Thursday, July 8, 2021. According to AAA, the average price of regular gasoline in California is $4.308, with some gas stations nearing $6 per gallon. Photographer: Kyle Grillot/Bloomberg
  • The move suggests Apple is plowing ahead with attempts to develop self-driving technology, a high-stakes race with automakers such as Tesla. Moore is joining a division known for its secrecy -- Apple has never publicly laid out its car plans -- and frequent turnover. The head of Apple’s car project, codenamed Titan, departed the company earlier this year to lead technology efforts at Ford Motor Co.

    November 8
  • Suddenly the metaverse is everywhere. Ok, the concept of the metaverse is everywhere – thanks to Mark Zuckerberg’s October 28 announcement that “Facebook” has become “Meta.”

    November 3
    Donald Light
    North America Property Casualty Practice at Celent