Member-only story
Business & Economics
Business: 12–18 Jan. 2025
Here, from 12–18 Jan. 2025, are several “Business & Economics” related news stories you might have missed.
3 min readJan 19, 2025
Non-Member Link…
Saturday, 18 January 2025…
California, because of recent wildfires in the southern regions of the state, reportedly banned on Saturday, 18 January 2025, banned insurance policy cancellations. The ban, according to recently published articles, is seen as a boost to property owners. The insurance industry is now apparently prepared for record-breaking losses the likes of which have never previously been experienced.
Friday, 17 January 2025…
BP, on Friday, 17 January 2025, announced that it will lay off 4,700 employees and 3,000 contractors globally in order to reduce costs.
