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.

Security

Payouts from insurance policies may fuel ransomware attacks

The call came on a Saturday in July delivering grim news: Many of the computer systems serving the government of LaPorte County, Indiana, had been taken hostage with ransomware. The hackers demanded $250,000.

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.

Security

Insurance black boxes and the surveillance state

Over the last few years there's been a noticeable rise in the number of drivers opting to fit a "black box" to their cars in order to obtain cheaper insurance. According to some recent reports, these black boxes could save ...

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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.

This text uses material from Wikipedia, licensed under CC BY-SA