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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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Risk Channel
North America
Amazon pauses 21 Air operations following fatal Miami crash

Amazon has paused operations with cargo carrier 21 Air after an Amazon-branded aircraft overshot the runway at Miami International Airport, killing five people and crashing into nearby vehicles before stopping 1,300 feet beyond the runway with its right engine on fire. The National Transportation Safety Board is investigating the accident, with 21 Air’s safety practices, its relationship with Amazon and the pilots’ actions among the areas under scrutiny after investigators indicated that the pilots belatedly decided to redo their landing before opting to brake and stop the aircraft. 21 Air, which is owned by logistics businessman and Houston Astros owner Jim Crane, operates around 17 aircraft, including eight that fly for Amazon, and has worked with the ecommerce group for nearly two years.

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Risk Channel
UK/Europe
Germany seeks UniCredit guarantees over Commerzbank takeover

German finance minister Lars Klingbeil has met UniCredit CEO Andrea Orcel to seek guarantees over the future of Commerzbank, as the Italian lender prepares to complete a takeover of its Frankfurt-headquartered rival. "It is of paramount importance to the federal government that Commerzbank can continue to fulfil its vital role in financing the German economy," Klingbeil said after the meeting. "We expect Commerzbank to remain a listed company headquartered in Frankfurt and to continue its strong focus on financing small- and medium-sized businesses." German finance ministry spokesperson Maximilian Kall added: "The most important [point] of all . . . regards the over 40,000 employees. We want to protect their interests."

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