Climate change and the extreme weather it brings present a serious conundrum for property and casualty insurance carriers. It’s prompting them to pursue different approaches to writing policies—but there’s no one-size-fits-all option.
Insurers evaluate both the frequency and the severity...
BBG Ventures was founded in 2014—an era when investors were first starting to pay attention to the untapped potential of female founders and their businesses. The fund, whose partners spun out of AOL, committed to backing women-led businesses like...
A brewing demographic crisis in the U.K. might add another layer of complication to the country’s ebbing productivity rates, which the Labour government hopes it can tackle.
Parts of the U.K. are seeing their lowest birth rates in about 90...
Indonesia blocked Apple Inc. from selling its latest iPhones in Southeast Asia’s largest economy, saying the company has yet to meet local investment requirements.
The iPhone 16, launched in September, cannot be marketed domestically as local unit PT Apple Indonesia...
Celero Commerce, the payments company backed by LLR Partners, is up for sale and has hired an investment bank to advise on the process, according to four banking and private equity executives. The execs predict the Brentwood, Tennessee-based company...
Divisive politics always put social good initiatives on the front lines of the culture wars. So it’s no surprise that some politicians have targeted sustainability initiatives and ESG—a values-based investment strategy with goals to achieve environmental and societal impact....
Wall Street retreated from its records on Thursday following dual reports showing cooling inflation and climbing unemployment.
S&P 500 Futures: 5,828.50 ⬇️ down 0.22%
S&P 500: 5,780.05 ⬇️ down 0.21%
Nasdaq Composite: 18,282.05 ⬇️ down 0.052%
Dow Jones Industrial Average: 42,454.12...
Dozens of tornadoes spawned by Hurricane Milton caught many Floridians by surprise as they braced for heavy rain, strong winds and storm surges. Violent twisters were seen crossing highways, ripping off roofs and downing trees and power lines.
When Debbie...
If cut to junk status, Boeing Co. will be the biggest US corporate borrower to ever be stripped of its investment-grade ratings, flooding the high-yield bond market with a record volume of new bonds to absorb.
On Tuesday, S&P Global Ratings...
But not everyone left, despite dire warnings about a hurricane that had been one of the strongest on record two days earlier.
As Milton’s rain and storm surge flooded neighborhoods late on Oct. 9, 2024, 911 calls poured in. More than 500 people were rescued in...
