Business

Amazon workers at UK warehouse stop work to protest pay

More than 700 Amazon warehouse workers in England staged a protest Thursday in a dispute over pay, in the latest sign of workplace friction stoked by Britain's cost of living crisis and a growing discontent among employees ...

Business

Amazon spending $3.9 bn in expanding health care push

Amazon is buying US primary health care provider One Medical for $3.9 billion, the companies announced Thursday, in a big step for the online retail giant's move into the medical sector.

Computer Sciences

With self-learning models, prediction can be explained

Self-learning computer models can be of value for speech recognition, fraud detection, and assessing medical risks. However, the benefits scandal, for example, shows that the utmost caution must be exercised: and that is ...

Business

India slashes size of biggest IPO

India has slashed the size of an initial public offering by insurance giant LIC but the share issue will still be the country's largest to date, with a targeted windfall of $2.7 billion, regulatory filings showed Wednesday.

Business

Amazon expands health care push in United States

Amazon on Tuesday announced its telemedicine service has expanded nationwide in the United States, a new extension of the firm's empire that has steadily gone far beyond e-commerce.

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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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