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L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
At least 10 dead in L.A. wildfires as strengthened winds complicate firefighting efforts
180,000 evacuation orders have been prompted by 5 blazes across the county, with the largest fire only 6% contained.NBC News - Jan. 10 -
The Big Question: How much sick pay should companies offer?
Policies vary dramatically between different countries, but striking the right balance is hardFinancial Times - Jan. 10 -
Efforts to save animals underway in California amid deadly wildfires
Hundreds of volunteers came together at the Pasadena Humane Society to help save animals displaced by the wildfires ravaging the Los Angeles area. CBS News Los Angeles' Josh Sanders reports on the ...CBS News - Jan. 9 -
Wildfire emergency relief efforts underway
Southern California wildfires have killed at least 5 people, forced tens of thousands to evacuate and burned several thousand structures. CBS News correspondent Tom Hanson reports on an emergency ...CBS News - Jan. 9 -
Where to give: Top-rated charities active in the Los Angeles wildfire relief effort
For those who wish to help victims of the wildfires, here is a list of highly rated nonprofits already engaged in relief and recovery efforts on the ground.CNBC - Jan. 9 -
Duke’s Freshman Star Is Coveted by N.B.A. Teams. But Now He Has Company.
Rutgers’s Dylan Harper has pushed himself into the top tier with Cooper Flagg, a columnist for The Athletic writes.The New York Times - Jan. 9 -
The bond market threw a wrench into this company's turnaround. We may need to dump it
We're at a crossroads with the stock.CNBC - Jan. 9 -
What to know about Trump's efforts to delay his "hush money" case sentencing
President-elect Donald Trump's legal team is awaiting a potential decision from the Supreme Court to delay his sentencing in the "hush money" case. CBS News legal contributor Caroline Polisi has more.CBS News - Jan. 9 -
Jamie Lee Curtis donates $1M to LA wildfire relief efforts: We are 'banding together to save each other'
Jamie Lee Curtis says her family is donating $1 million to relief efforts amid the wildfires in California that have devastated the Los Angeles area. "As the fire still rages on and [the California ...The Hill - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
How to Get Your Company Ready to Borrow in 2025
Here are some tips to make your loan applications go smoothly and quickly in the new year.Inc. - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.CNBC - Jan. 9 -
Dockworkers union, port companies reach tentative 6-year deal
Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S.NBC News - Jan. 9 -
Water tanks went dry in Pacific Palisades, hampering efforts to fight fire
Demand for water to fight the Palisades Fire led all three of the area's water tanks and some fire hydrants to temporarily dry up in the last roughly 24 hours.NBC News - Jan. 9 -
Companies decline to drill in Alaska wildlife refuge
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Companies decline to drill in Alaska wildlife refuge Alaska on Wednesday sued the Biden ...The Hill - Jan. 8 -
Behind the dramatic efforts to evacuate Los Angeles area residents
Thousands of Los Angeles area residents were forced to evacuated with little notice as the Palisade Fire quickly spread. CBS News' Elise Preston breaks down the latest conditions near Malibu, and ...CBS News - Jan. 8 -
Biden administration jettisons effort to protect old-growth forests
The Biden administration is dropping its efforts to issue a policy to protect old-growth forests — though the president previously touted protecting such forests as an important component of his ...The Hill - Jan. 8 -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - Jan. 8 -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - Jan. 8