Markets
New Progressive Campaign Features Jon Hamm as Flo’s Former Flame
Progressive Insurance's most dedicated employee is about to get a possible love interest. Launching May 23, Progressive's new campaign follows Flo as she encounters an old flame—played by actor Jon ...
Tesla Bets It Can Bring Down Insurance Costs, Make Driving Safer
For more than six weeks now, the tech and finance industry has been riveted by Elon Musk's pursuit of Twitter. The topic has sucked up tons of oxygen and contributed to Tesla shares sagging amid a ...
PIMCO Sued Over ‘Fraternity’ Culture by Minority Ex-Workers
Pacific Investment Management Co. now has both men and women suing over a "fraternity" culture that allegedly favors white males. Two men, a Black ex-employee and a former contractor who is Asian, ...
Buttigieg Sends $5B to Cities for Safety as Road Deaths Soar
With new data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving out ...
Global Supply Stress Worsened in April, NY Fed’s Index Shows
Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times and air freight costs between the United States and Asia ...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915 — the highest number killed on American roads in a single year since 2005, according to a preliminary estimate from U.S. regulators. The ...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey
Cyber attacks are now seen as the dominant risk for many businesses—ahead of the pandemic, economic downturn, skills shortages and other issues, according to a report published by Hiscox. For its ...
Where Property Insurance Buyers Are Headed: A Paradigm Shift
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that ...