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Carney Calls for Global Tech Body to Boost AI Guardrails
Canada wants to see the creation of a global “technology stability” body to help oversee artificial intelligence and ensure it is safe, Prime Minister Mark Carney said. “There’s a need for coordination,” Carney said in an interview with Bloomberg News …
POSTED SEPTEMBER 15, 2026 9:35 AM |
Canadian Insurer Sagen Plans to Raise Around C$300 Million
Insurance company Sagen MI Canada Inc. is looking to raise around C$300 million ($216 million) through a bond sale as soon as this week, according to people familiar with the matter. The debt will likely mature in seven years, the …
POSTED SEPTEMBER 15, 2026 8:15 AM |
British Hedge Fund Founder Odey Loses Appeal Against Industry Ban
Former hedge fund manager Crispin Odey lost his appeal on Monday against an industry ban for hampering an internal disciplinary investigation into sexual harassment allegations, although a fine imposed on him by Britain’s financial watchdog was reduced. A spokesperson for …
POSTED SEPTEMBER 15, 2026 8:07 AM |
People Moves: Ascot Aligns US Business for Next Phase of Growth
Ascot announced a series of changes to its U.S. operating and distribution model, including a new U.S. regional executive leadership team, an expanded North America distribution role and the consolidation of seven U.S. business segments into five product verticals. These …
POSTED SEPTEMBER 15, 2026 6:19 AM |
Trump Dismisses AI Safety Alarm, Says US Already Has Tools to Police Industry
President Donald Trump said on Sept. 14 that the U.S. already has guardrails in place to regulate and prosecute AI companies, appearing to play down concerns expressed by industry leaders over the weekend about misuse of artificial intelligence. “The only …
POSTED SEPTEMBER 15, 2026 5:27 AM |
US Data Centers Set to Burn More Natural Gas Than Most Nations
Data centers in the United States will consume more natural gas than most countries within a decade, according to a new outlook from BloombergNEF. Gas consumption to produce electricity for data centers is expected to grow by 15 billion cubic …
POSTED SEPTEMBER 15, 2026 5:10 AM |
EPA Poised to Repeal Carbon Rules for Coal, Gas Power Plants
The US Environmental Protection Agency is expected to formally rescind carbon pollution standards for fossil fuel-fired power plants as soon as Monday, according to people familiar with the matter. The Trump administration’s latest major climate rollback is expected to come …
POSTED SEPTEMBER 15, 2026 5:09 AM |
UK’s Boomers Cling to Jobs as Young People Get Locked Out
In the early 2000s, Britain had as many as 10 young workers for every person over-65 with a job. Today there are just two, as older employees hang on for longer and first jobs are harder to come by. The …
POSTED SEPTEMBER 15, 2026 5:05 AM |
Appeals Court Throws a Wrench into Part of Georgia’s 2025 Tort-Reform Law
When Georgia’s tort-reform law was approved in 2025 property/casualty insurance interests hailed it as a long-awaited measure that would help stem lawsuit abuse and excessive jury awards in the state. But in the first appellate court test of the law, …
POSTED SEPTEMBER 15, 2026 5:01 AM |
Drug Maker Paying $32M to Resolve Kickbacks Law Violations in California
A drug maker is paying $32 million to settle allegations it violated kickback laws by paying Medicare beneficiary co-pays to encourage the buying of its drug, Oxervate. Dompé U.S. Inc., based in California, has agreed to settle the allegations that …
POSTED SEPTEMBER 15, 2026 5:00 AM |
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