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Billed 12 Hours for a Few Seconds of Work: AI and Law Firms

Billed 12 Hours for a Few Seconds of Work: AI and Law Firms

(Image credit: Getty Images) Today’s story is an example of the old saying, “When the cat’s away, the mice will play.” In litigation, you are the cat. Your attorney’s large law firm is the mouse that bills you thousands of dollars in unjustifiable and grossly inflated — read: fraudulently inflated — attorney fees for “billable […]

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Companies Work to Handle Safety Challenges of New Venezuelan Oil Exports: Sources

Companies Work to Handle Safety Challenges of New Venezuelan Oil Exports: Sources

Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated Venezuelan ports, four sources familiar with the operations said. Trading houses and oil companies,

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China Urges Nestlé to Work Quickly on Baby Formula Recall

China Urges Nestlé to Work Quickly on Baby Formula Recall

Chinese authorities are urging Nestlé SA to work quickly in recalling baby formula products in the mainland over potential contamination concerns. The State Administration for Market Regulation said Thursday that Nestlé had an important corporate responsibility to protect the rights and interests of consumers in China — which is the world’s largest formula market. China’s

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US Lifts Sanctions on Trio Accused of Work on ‘Predator’ Spyware

US Lifts Sanctions on Trio Accused of Work on ‘Predator’ Spyware

The US government has lifted sanctions on three people who it previously accused of aiding in the proliferation of “Predator” spyware, a sophisticated surveillance technology that’s allegedly been used against Americans. The Department of Treasury’s removal of the business bans on the trio associated with the Intellexa Consortium partially reverses the first US sanctions issued

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5 Moves to Ensure the Markets Work Hard for You in 2026

5 Moves to Ensure the Markets Work Hard for You in 2026

(Image credit: Getty Images) As 2025 winds down, many investors are reflecting on what has been, by most measures, a very strong year for stock market performance. From robust corporate earnings and moderating inflation to a lower interest rate environment, many asset classes have enjoyed significant tailwinds. The question now isn’t simply how much you’ve

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Underwriter, Actuary Fears of AI Drop; Work Needed on Collaboration

Underwriter, Actuary Fears of AI Drop; Work Needed on Collaboration

You’re just about as likely to find a commercial P/C underwriter or actuary who is unconcerned about the increased use of AI in insurance as you are to find one that’s afraid of being replaced by AI. That’s what a recently published report from hyperexponential, an AI-powered pricing and underwriting platform, showed based on a

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I’m 59 With $1.7 Million Saved and Just Lost My Job. Should I Retire at 59½, or Find New Work?

I'm 59 With $1.7 Million Saved and Just Lost My Job. Should I Retire at 59½, or Find New Work?

Question: I’m 59 with $1.7 million in savings and just found out my team is being phased out in January. I’m getting a six-month buyout package. Should I just retire at 59½, or try to find another job? Answer: The U.S. economy is generally in a good place, and the unemployment rate is fairly low.

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I’m Retired With $2.2 Million Saved and Work 2 Retail Shifts a Week for Fun. My Young Colleague Just Got Her Hours Cut, and I Don’t Need the Money. Should I Quit So She Can Have My Shifts?

I'm Retired With $2.2 Million Saved and Work 2 Retail Shifts a Week for Fun. My Young Colleague Just Got Her Hours Cut, and I Don't Need the Money. Should I Quit So She Can Have My Shifts?

Question: I’m retired with $2.2 million in savings and work two retail shifts a week for fun. My young colleague just got her hours cut, and I don’t need the money. Should I quit so she can have my shifts? Answer: There’s a reason so many people end up having to work in retirement. The

I’m Retired With $2.2 Million Saved and Work 2 Retail Shifts a Week for Fun. My Young Colleague Just Got Her Hours Cut, and I Don’t Need the Money. Should I Quit So She Can Have My Shifts? Read More »