China Detains Staff, Raids Office of U.S. Due Diligence Firm Mintz Group

Chinese authorities raided the office of U.S. corporate due diligence firm Mintz Group in Beijing and detained five local staff, the company said, putting foreign companies in China on alert just as the country hosts an international economic forum. News of the raid and detentions comes as Sino-U.S. relations have spiraled downwards following months of … Read more

Atlanta ‘Cop City’ Activists Question Police Evidence

New You can now listen to Insurance Journal articles! When police stormed an Atlanta-area music festival two days after a rainstorm, they were looking for suspects wearing muddy clothing. Authorities moved in on the South River Music Festival on the evening of March 5, over an hour after more than 150 masked activists attacked a … Read more

Banks, Financial Industry Hit by Rising Ransomware Attacks

New You can now listen to Insurance Journal articles! Ransomware gangs didn’t come out with any big new innovations last year, but “what 2022 lacked in innovation it made up for in volume,” according to a report by a financial services group. In its annual outlook on cyber threats, the Financial Services Information Sharing and … Read more

TikTok Attacked for China Ties as US Lawmakers Push for Ban

New You can now listen to Insurance Journal articles! U.S. lawmakers on Thursday battered TikTok’s chief executive about potential Chinese influence over the platform and said its short videos were damaging children’s mental health, reflecting bipartisan concerns over the app’s power over Americans. CEO Shou Zi Chew’s testimony before Congress did little to assuage U.S. … Read more

More Deaths, Injuries Linked to Recalled Eyedrops

New You can now listen to Insurance Journal articles! U.S. officials are reporting two more deaths and additional cases of vision loss linked to eyedrops tainted with a drug-resistant bacteria. The eyedrops from EzriCare and Delsam Phama were recalled in February and health authorities are continuing to track infections as they investigate the outbreak. In … Read more

EU Regulators to Rethink Liquidity Risk After Credit Suisse Unravels

The rapidly unfolding crises of confidence at Credit Suisse Group AG and Silicon Valley Bank are prompting some regulators gathered at the European Central Bank to rethink their treatment of liquidity risk. The watchdogs are in the early stages of considering how to improve banks’ liquidity management, according to people familiar with the matter. While … Read more