News
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Soccer-Roma wage bill limited transfer window options, says Ranieri
Feb 7 (Reuters) - AS Roma were unable to invest more during the latest transfer window because of their wage bill, manager Claudio Ranieri said on Friday, revealing he had wanted to bring in French forward Randal Kolo Muani who ended up at Juventus.Ranieri is Roma's third manager this season, ta...Reuters
Fri, Feb 7
Trump's 2nd term, SCOTUS waffle on securities law, set up a mixed bag for D&O liability insurance
By Isha MaratheFeb 5 - (The Insurer) - President Donald Trump-nominated SEC chair and so-called 'anti-Gensler' Paul Atkins' intention to bring sanctions against individuals rather than entities will be a key feature of what is poised to be an unpredictable year for US D&O insurance ...Reuters
Fri, Feb 7
Motorcar Parts of America Inc expected to post earnings of 43 cents a share - Earnings Preview
Motorcar Parts of America Inc MPAA.OQ MPAA.O is expected to show a rise in quarterly revenue when it reports results on February 10 for the period ending December 31 2024The Torrance California-based company is expected to report a 4.4% increase in revenue to $179.5 million from $171.86 million a ...Reuters
Fri, Feb 7
Exchange operator Cboe's quarterly profit climbs as hedging activity surges
Adds CEO in paragraphs 4-6, shares in paragraph 7, analyst expectations in paragraphs 11-12, succession plans from paragraph 14By Prakhar Srivastava and Laura Matthews Feb 7 (Reuters) - Exchange operator Cboe Global Markets CBOE.Z reported a rise in fourth-quarter adjusted profit on Friday, drive...Reuters
Fri, Feb 7
FL governor DeSantis reports rate reductions and new entrants into state's insurance market
By Mia MacGregorFeb 7 - (The Insurer) - Governor Ron DeSantis has announced updates to Florida’s insurance market, including rate reductions in Miami-Dade County, statewide auto insurance decreases and the entry of 11 new insurance companies into the market.DeSantis reported that Citizens Property I...Reuters
Fri, Feb 7
EXCLUSIVE-Trump to announce reciprocal tariffs as early as Friday, sources say
Updates throughoutBy Jarrett Renshaw and David MorganWASHINGTON, Feb 7 (Reuters) - President Donald Trump told Republican lawmakers that he plans to announce reciprocal tariffs as early as Friday, three sources familiar with the plans told Reuters. The move would fullfill a Trump campaign promise ...Reuters
Fri, Feb 7
Amazon cuts diversity reference from annual report as firms roll back DEI
Adds details in paragraphs 4-5 Feb 7 (Reuters) - Amazon.com AMZN.O eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling employees in December that it was winding down diversity programs as part of corporate America's broader retreat...Reuters
Fri, Feb 7
Climate analytics platform Faura raises $3.5mn in seed funding
By Mia MacGregorFeb 6 - (The Insurer) - California-based climate data and analytics platform Faura has raised $3.5mn in seed funding, co-led by Harlem Capital and Building Ventures and supported by MetaProp, Triple Five Group and Dorm Room Fund.Founded in 2023, Faura provides insurers with proprieta...Reuters
Fri, Feb 7
The Hartford unveils rebrand with new logo, increased philanthropy and business segment updates
By Mia MacGregorFeb 6 - (The Insurer) - The Hartford has refreshed its brand with the introduction a new logo, an expansion of its philanthropic initiatives and updates to its holding company name and certain business segment titles.The updated logo is inspired by The Monarch of the Glen, an 1851 pa...Reuters
Fri, Feb 7
OpenAI's Altman envisions Stargate-like programme for Europe
BERLIN, Feb 7 (Reuters) - OpenAI CEO Sam Altman on Friday signaled willingness to bring a Stargate-like artificial intelligence program to Europe, saying his company would "love" to do a Stargate Europe.Stargate is a U.S. venture launched by U.S. President Donald Trump that involves backers ...Reuters
Fri, Feb 7
US Justice Department receives names of January 6 FBI agents
By Sarah N. Lynch, Andrew Goudsward WASHINGTON, Feb 7 (Reuters) - The acting head of the FBI, following days of resistance, turned over to the Justice Department a list of names of FBI employees who worked on investigations related to the January 6, 2021 attack on the U.S. Capitol, according to a...Reuters
Fri, Feb 7
Ark’s Q4 CR climbs 7 points to 77% on cat losses, confirms CA wildfire exposure
By Chris MunroFeb 7 - (The Insurer) - White Mountains-owned Ark's Q4 2024 combined ratio climbed 7 percentage points year on year to 77 percent, with the increase driven in part by 27 points of catastrophe losses from hurricanes Milton and Helene.Ark Q4 2024 CR up 7 pts YoY to 77%Suffers 27 pts ...Reuters
Fri, Feb 7
Motorola refused permission to appeal UK emergency services network case
LONDON, Feb 7 (Reuters) - Motorola MSI.N was refused permission to appeal against the British antitrust regulator's findings that it was making "supernormal" profits on its contract to provide communications to Britain's emergency services.The Competition and Markets Authority (CMA) ...Reuters
Fri, Feb 7
Amazon cuts reference to diversity from annual report
Feb 7 (Reuters) - Amazon.com AMZN.O eliminated a reference to "inclusion and diversity" in its annual report filed Thursday, after it told employees in a December memo that it was winding down such programs as part of corporate America's broader retreat from such policies.Some of America...Reuters
Fri, Feb 7
Travelers to pay $6mn in data breach settlement ending proposed class action
By Isha MaratheFeb 7 - (The Insurer) - New York District Judge Vincent Bricceti ended a proposed class action suit against Travelers regarding a 2021 data breach with the insurer liable to pay $6mn.Members of the class who opt in for settlement payment agree to release all claims against Travelers ...Reuters
Fri, Feb 7
BRIEF-U.S. Chip Curbs Hit China Harder Than Expected As TSMC Treads Carefully, Nikkei Reports
Feb 7 (Reuters) - Nikkei:U.S. CHIP CURBS HIT CHINA HARDER THAN EXPECTED AS TSMC TREADS CAREFULLYTSMC INFORMING CHINESE CUSTOMERS IT CANNOT SHIP ORDERS UNLESS USING CHIP PACKAGING SERVICES FROM SUPPLIER ON U.S. "WHITE LIST"TSMC TAKES EXTREMELY CAUTIOUS APPROACH TO ENSURE COMPLIANCE, SOURCES B...Reuters
Fri, Feb 7
Investment groups oppose Trump's carried-interest tax hike plan
Updates with venture capital group comment in paragraph 7 NEW YORK, Feb 7 (Reuters) - Private investment industry groups on Friday opposed U.S. President Donald Trump's plan to close a loophole that allows private equity and hedge fund financiers to pay a lower capital gains tax rate on much ...Reuters
Fri, Feb 7
News outlets reject Trump accusations of USAID media 'payoff'
By Lydia MorrishFeb 7 (Reuters) - Several major news outlets including Politico and the Associated Press have rejected unsubstantiated accusations by President Donald Trump and right-wing influencers that the U.S. Agency for International Development paid millions of taxpayer dollars to newsrooms in...Reuters
Fri, Feb 7
