Business

GM strike negotiations take 'turn for the worse': union

Negotiations to resolve a three-week-old strike at General Motors for better pay, benefits and job security have taken "a turn for the worse," a top negotiator with the United Autoworkers Union said Sunday.

Business

Bill giving protections to Uber drivers, others moves ahead

California lawmakers sent the governor a bill Wednesday that would give new wage and benefit protections to workers at so-called gig economy companies such as Uber and Lyft where people pick up jobs on their own schedule.

Security

Wearable pet devices are putting human privacy at risk

The billion-dollar pet industry now has a growing market dedicated to wearable devices but new research from the University of Bristol has found these devices capture more data on the owners rather than their pets.

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Insurance

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

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