Hints and tips:
...The details of the company’s decline are complex but essentially it overexpanded, an investor took over, and Cox left in 2007....
...America’s ‘red wall’ moment: Democrats are rapidly losing non-white voters as the forces that ensured their support are weakening, writes John Burn-Murdoch....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...My pick of her writing is this one on “camel mode”, she talks about the time of your life when your focus is on servicing your children’s needs....
...“Of course it is emotional. Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...SVB, the banking partner for half of US venture-backed tech and life sciences companies, has suffered from a slowdown in venture capital funding, as well as cash burn at many of its clients and losses on...
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
...Life....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...If you happen to receive Medicaid or you have private insurance in Alabama, it is illegal for either of those to cover abortion. When Roe v Wade is overturned, Alabama is in a really, really bad shape....
...to trust many of America’s grandest foreign policy figures (people like Henry Kissinger and Madeleine Albright) on China, when they and many others have been paid rich salaries by the Party (or companies...
...MoneyLion, a competing consumer banking provider that went public through a Spac merger last year, has also faced investor scepticism as it burns cash to build what it calls, “America’s most robust digital...
...of office life in the Swamp Notes newsletter....
...rights to her life’s work....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...With its most skilled moneymaker out of commission, the firm may need to lean further on its repertoire of well-connected senior advisers, which includes former Xerox boss Ursula Burns, ex-Speaker of the...
...For 2021 the owner of power generation plants across Europe, Africa and Latin America targeted adjusted ebitda of between $770m and $800m....
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...But beyond the losses, the real problem for the carriers has been the scale of the cash outflows, with the cash-burn for this year estimated at $81bn....
...This is the state that some economists believe was supposed to represent America’s future — a cheap housing, low regulation sort of place. Over the past few days, it looks more like Sudan....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...discount of 23%), despite some life companies resembling asset managers....
...Fitch’s Mr Beato says Genworth, which was spun off from GE years ago, Unum, Aegon Americas and Senior Health Insurance Company of Pennsylvania also have “below average” LTC reserve adequacy....
...Stocks, other than those delivering food, are clawing back some of a five-day rally awaiting America’s earnings season to get going properly....
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