Latest in Copycat Insurance Company
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Insurance giant Aviva agrees to buy Direct Line for $4.6 billion
Aviva, the U.K.’s largest insurance company, has agreed to fully-acquire Direct Line for 275 pence per share, or £3.6 billion ($4.6 billion)MarketWatch - Dec. 6 -
The Memo: Killing of UnitedHealthcare CEO uncorks anger at insurance industry
The killing of UnitedHealthcare CEO Brian Thompson on a Manhattan street is the latest moment to shine a light on the tensions roiling American life. On social media in particular, some users ...The Hill - Dec. 6 -
Aviva agrees to buy Direct Line in £3.6bn insurance deal
Combined group would control a fifth of UK motor insurance marketFinancial Times - Dec. 6 -
New photos released as NYPD hunt insurance boss killer
Police are still working to determine a motive in the slaying of insurance executive Brian Thompson.BBC News - Dec. 6 -
Chainalysis CEO Michael Gronager Exits the Company He Co-Founded
Co-founder Jonathan Levin is the new CEO of the blockchain analytics company.Inc. - Dec. 5 -
Insurance executive's murder sparks online praise and hate
Support or sympathy for the killing of UnitedHealthcare’s CEO spread on social media, alarming some experts.NBC News - Dec. 5 -
Fake bomb threat targets homes of insurance executive killed in NYC: Police
Two residences owned by the family of slain UnitedHealthcare CEO Brian Thompson were targeted Wednesday evening in what police are describing as a “swatting” incident, according to the Minnesota ...The Hill - Dec. 5 -
Many people can't afford long-term care insurance. One proposal calls for creating a federal program to help
For many Americans, finding affordable long-term care is a challenge. One congressman wants to create a federal program to help.CNBC - Dec. 5 -
Words on ammo in CEO shooting echo common phrase on insurer tactics: Delay, deny, defend
A message left at the scene of an insurance executive’s fatal shooting echoes a phrase commonly used to describe insurer tactics to avoid paying claimsABC News - Dec. 5 -
Trump Round 2: How Business Services Companies Are Preparing for the New Administration
Companies that offer HR and IT services are gearing up for four more years of MAGA.Inc. - Dec. 5 -
Yuval Sharon to step down as artistic director of the Industry opera company
Visionary opera leader Yuval Sharon will step down as co-artistic director of the Industry, the groundbreaking L.A. company he established a decade ago.Los Angeles Times - Dec. 5 -
NYPD investigates bullet casing inscriptions in killing of insurance executive
Words ‘Deny’, ‘Defend’ and ‘Depose’ written on shells left at scene of shooting of UnitedHealth Group’s Brian ThompsonFinancial Times - Dec. 5 -
Boeing whistleblower expresses safety concerns at satellite factory in company's space program
Speaking out for the first time, a technician at the Boeing factory making military and commercial satellites alleges that the company is putting workers' lives at risk. Craig Garriott said he's ...CBS News - Dec. 5 -
Beloved McDonald's wraps to return in 2025, company president confirms
It's the moment some McDonald's fans have been waiting nearly a decade for.The Hill - Dec. 5 -
Insurance losses from natural catastrophes set to top $135bn
Two-thirds of global losses were in the US after two devastating hurricanesFinancial Times - Dec. 5 -
Natural-Catastrophes Insured Losses to Top $135 billion in 2024, Swiss Re Institute Says
Global insured losses from natural catastrophes like hurricanes and floods are on track to exceed $135 billion in 2024, marking the fifth consecutive year with such losses surpassing the ...The Wall Street Journal - Dec. 5 -
How climate risks are driving up insurance premiums around the US – visualized
‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say. Concern over the climate crisis may evaporate in the White House from January, but its ...The Guardian - Dec. 5 -
Regulators sign off on new global rules for insurers
Rules will not require insurance companies to set aside more capital but could raise their reporting costsFinancial Times - Dec. 5 -
What is UnitedHealthcare? What to know about the company after CEO is shot dead in ‘targeted attack’
Parent company of largest insurer in the US has come under antitrust scrutinyYahoo Sports - Dec. 5 -
How the world’s biggest offshore wind company was blown off course
Denmark’s Ørsted was once seen as a model for how oil and gas giants could go green. Its recent troubles suggest that things may not be so easyFinancial Times - Dec. 5 -
Boeing whistleblower says company's "toxic culture" threatened workers' safety
A Boeing Space whistleblower spoke out about alleged retaliation he faced from the company, claiming there was a "toxic culture" that threatened workers' safety. The accusation comes as the company ...CBS News - Dec. 4 -
Jeff Bezos believes his space company Blue Origin will be bigger than $2 trillion Amazon
Jeff Bezos believes his space venture Blue Origin will one day be a bigger company than Amazon.CNBC - Dec. 4 -
A Health Insurance C.E.O. Was Gunned Down in Manhattan
Also, the Supreme Court appeared inclined to uphold a Tennessee law on trans care. Here’s the latest at the end of Wednesday.The New York Times - Dec. 4 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
MicroStrategy’s bitcoin bet has made its stock a big winner. Will other companies soon follow suit?
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Dec. 4 -
November jobs report may show big gain — but not because more companies are hiring
The economy can’t do much worse at creating jobs after a dismal 12,000 gain in hiring in October. Wall Street expects a big rebound in November.MarketWatch - Dec. 4 -
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 24% after announcing a contract with a top tier hyperscaler.CNBC - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4 -
Dead & Company announce new Sphere residency in Las Vegas
The jam band will return to the state-of-the-art dome-shaped venue in March 2025.Los Angeles Times - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
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Donald Trump Jr. joins e-commerce company, sending its shares up 270%
PublicSquare, which describes itself as catering to "patriotic Americans," is adding the son of President-elect Donald Trump Jr. to its board.CBS News - Dec. 3 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - Dec. 3 -
New Video Claims NZXT PC Rental Program Is "A Scam," Company Says It's Looking Into It
A new report alleges that PC hardware company NZXT's PC rental program is "shady and manipulative." The video from Gamers Nexus (via The Verge ) accuses NZXT of changing prices and parts between ...GameSpot - Dec. 2 -
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Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2