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News from 2025

AI Office's new guidelines clarify prohibited practices under EU's AI Act

By Business Daily | Jun 19, 2025

The European Commission has published guidelines aimed at clarifying the prohibitions set by the AI Act on certain AI practices deemed to pose unacceptable risks.
SBA continues support in Maui after wildfires

By Business Daily | Jun 19, 2025

The U.S. Small Business Administration (SBA) has announced the continued availability of SBA Recovery Centers on Maui to assist small businesses, private nonprofit organizations, and residents affected by wildfires from August 9 to September 30,...
ADM opens R&D center focused on animal microbiomes

By Business Daily | Jun 19, 2025

ADM has inaugurated a new research and development center in Rolle, Switzerland, focusing on animal microbiomes.
Farm to Fork fundraiser returns with local foods and live music

By Business Daily | Jun 19, 2025

The Covington Farmers Market is set to host its annual Farm to Fork fundraiser on Saturday, June 21, at Covington Plaza from 6 p.m. to 9 p.m. The event serves as the primary fundraising initiative for the market, showcasing food items sourced from...
Early Childhood Fun Fest offers free educational activities for kids in Covington

By Business Daily | Jun 19, 2025

Read Ready Covington is set to host its annual Early Childhood Fun Fest on June 20, moving the event from fall to summer this year.
Mayor Washington forms taskforce for Covington's housing development strategy

By Business Daily | Jun 19, 2025

Mayor Ron Washington of Covington, Kentucky, has announced the members of a newly formed Housing Development Taskforce.
Wimbledon introduces new AI tools for enhanced fan interaction

By Business Daily | Jun 19, 2025

The All England Lawn Tennis Club and IBM have introduced new AI-driven features for the upcoming Wimbledon 2025 tournament.
IBM study finds CMOs view AI as key but face operational challenges

By Business Daily | Jun 19, 2025

A recent study conducted by the IBM Institute for Business Value has revealed that while a majority of Chief Marketing Officers (CMOs) recognize the transformative potential of artificial intelligence (AI), they face significant challenges in...
University associate professor on China’s port push: ‘China’s first and most obvious goal in controlling Latin American ports’

By Business Daily | Jun 18, 2025

Nadia Helmy, Associate Professor of Political Science at Beni Suef University, said that China's growing influence in Latin American ports aims to create new markets and secure resources, drawing more countries into its Belt.
Common Sense Institute fellow on legal expenses: ‘Colorado had the 9th-highest tort cost per resident in 2020'

By A. C. Benavides | Jun 18, 2025

Lang Sias, the Mike A. Leprino Free Enterprise Fellow at the Common Sense Institute (CSI), said that Colorado had the ninth-highest tort cost per resident in 2020 and experienced the second-fastest growth in litigation costs among eight states...
SBA offers federal disaster loans for New Mexico entities affected by drought

By Business Daily | Jun 18, 2025

The U.S. Small Business Administration (SBA) has announced the availability of low-interest federal disaster loans for small businesses and private nonprofit organizations in New Mexico affected by drought conditions starting April 1.
Texas businesses urged to apply for SBA drought relief loans before July deadline

By Business Daily | Jun 18, 2025

The U.S. Small Business Administration (SBA) has issued a reminder to eligible small businesses and private nonprofit organizations in Texas regarding the upcoming deadline of July 18, 2025, for applying for federal disaster loans.
SBA offers disaster loans to Nebraska entities affected by drought

By Business Daily | Jun 18, 2025

The U.S. Small Business Administration (SBA) has announced the availability of low-interest federal disaster loans for small businesses and private nonprofit organizations in Nebraska affected by drought conditions that began on April 1.
SBA offers drought relief loans for Arizona businesses with July deadline

By Business Daily | Jun 18, 2025

The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit organizations in Arizona of the upcoming deadline to apply for federal disaster loans.
Allstate reports $777 million in estimated catastrophe losses for May

By Business Daily | Jun 18, 2025

The Allstate Corporation has reported estimated catastrophe losses for May amounting to $777 million, or $614 million after-tax.
EU agrees on new payment rules but digital sector calls for further revisions

By Business Daily | Jun 18, 2025

The Council of the European Union has reached a consensus on two significant legislative files: the Payment Services and Electronic Money Services Directive (PSD3) and the Payment Services Regulation (PSR).
Twelve students awarded Paul S. Mills Scholarships for 2025

By Business Daily | Jun 18, 2025

NAIFA has announced the 2025 recipients of the Paul S. Mills Scholarships, awarded by the Foundation for Financial Service Professionals.
AbbVie's Phase 3 study shows promising results for migraine prevention drug

By Business Daily | Jun 18, 2025

AbbVie has announced results from its Phase 3 TEMPLE study, which evaluated the tolerability, safety, and efficacy of atogepant compared to topiramate for migraine prevention in adults.
Aviation insurance requires accuracy: key steps for secure coverage

By Business Daily | Jun 18, 2025

When securing aviation insurance, thoroughness in the application process is critical for pilots, aircraft owners, and commercial operators.
SBA continues support in Maui post-wildfire with extended recovery center services

By Business Daily | Jun 18, 2025

The U.S. Small Business Administration (SBA) has announced that its Recovery Centers on Maui will continue to operate, providing assistance to small businesses, private nonprofit organizations, and residents affected by the wildfires that occurred...

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