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...“The structural problems facing the companies [and] the structural problems facing the union make these inevitably tense negotiations,” said Marick Masters, a labour relations professor at Michigan’s Wayne...
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...As part of the new proposals, the administration also intends to deny companies tax deductions on employees who are paid more than $1mn....
...Auto-insurance businesses are still losing money. And a run of unusually destructive bad weather has brought additional losses for their property-insurance businesses....
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
...And after Michigan’s “uncommitted” vote laid bare pushback to Biden’s support for Israel’s war in Gaza, we’ll be watching whether Minnesota — second to Michigan in its percentage of Arab Americans — could...
...Larger companies also get more state subsidies, despite having lower rates of innovation....
...According to NewsGuard, this includes a network with titles such as the Pennsylvania Independent and the Michigan Independent, which it links to The American Independent, a national progressive site founded...
...The insurance arrangements potentially expose coastal states in Europe and Asia to huge potential clean-up costs in the event of a spill. 4....
...Other board members include Jeffrey Coors of the eponymous brewing company....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...However, it remains unlikely that shipping companies will return to the Suez Canal, security experts say. 4....
...Here’s what Tricia Griffith, the chief executive officer of Progressive, told investors and analysts in the company’s first-quarter earnings call....
...An engineer at a hardware technology company, Tsai Tsung-lin earns more than many of his peers....
...Yet shares of insurers such as Allstate, Progressive and AIG are down between 3 per cent and 22 per cent this year, while the S&P 500 has climbed 16 per cent....
...The Labour leader confirmed his party supported the 2p cut to national insurance and fuel duty freeze announced by Hunt....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Jeremy Kress, an assistant professor of business law at the University of Michigan Ross School, said that it was “nonsense” to say that banks could not afford to lend if they had higher capital requirements...
...James Politi Well, you’re seeing it among progressives. The progressive left is very upset with sort of their staunch, unconditional support for Israel....
...Motor insurance services company Redde and fleet hire specialist Northgate merged in 2020 to form Redde Northgate. In some ways, however, the group is still a business of two halves....
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...The latest FT-Michigan Ross poll says as much. Now for US businesses. Higher interest rates are increasingly having an impact....
...And he is relying on a base of progressives who need to turn out to vote for him in November....
...Manchin is very far away from being a hero to internationalists and progressives....
...The share price of two of the largest US car insurance companies — Take Allstate and Progressive — have fallen in the past month, reflecting the rising costs of underwriting auto insurance policies....
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