News
What Private Equity Can Teach Executives About Metrics: Fridson
Wall Street is often blamed for reducing corporate managers' understanding of business to a single, gameable measure of success: quarterly earnings versus analysts' consensus forecast. The Making of ...
California Governor Asks Congress for Nearly $40B for LA Wildfire Relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January's devastating wildfires, which he said could become the ...
AM Best: U.S. P/C Industry Improves Despite 2024 Underwriting Loss
The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best ...
Berkshire Hathaway Removes Diversity and Inclusion From Annual Report
Warren Buffett's Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and inclusion. Berkshire's ...
Polished Gem GEICO Fuels Berkshire Hathaway Operating Gains
The work that GEICO's CEO has done to "repolish" Berkshire Hathaway's "long-held gem" got a special shout-out in Berkshire Chair Warren Buffett's 2024 annual report to shareholders this weekend. ...
‘Exoskeletons’ Could Reduce Work-Related Back Injuries, More Study Needed
New research suggests that while wearable technology has great potential to cut down on workplace back injuries, it needs to be further investigated, according to Brock University. "Wearable ...
Cybertruck Crash Raises Alarm About Tesla’s Self-Driving Software
A crash involving a Tesla Cybertruck in self-driving mode this week has sparked worries about the reliability of the company's software that powers the feature, days after CEO Elon Musk said he would ...
Keys to Surviving a Plane Crash: Skilled Crew, Strong Seats and Detachable Wings
After watching videos of a Delta Air Lines jet catch fire upon landing and flip over on a Toronto runway, it's fair to wonder how anyone could have survived. But aviation experts said it was not ...