News
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Basketball-WNBA awards expansion franchises to Cleveland, Detroit and Philadelphia
By Amy Tennery NEW YORK, June 30 (Reuters) - The WNBA announced new franchises to Cleveland, Detroit and Philadelphia on Monday, rapidly advancing expansion plans in the top-flight North American women's league.Cleveland will begin play in 2028, while Detroit will join in 2029 and Philadelphi...Reuters
Mon, Jun 30
Markel's Houser: Problem solving E&S market is the home for emerging risk
By David BullJune 27 - (The Insurer) – The excess and surplus lines market is uniquely positioned to handle emerging risks, according to Wendy Houser, president of U.S. wholesale and specialty at Markel. "The E&S market, our market, is a great place to handle emerging risk. We're the ind...Reuters
Mon, Jun 30
US Supreme Court to review billion-dollar Cox Communications copyright case
Labels including Sony, Universal and Warner sued CoxThe labels had sought to restore $1 billion verdictBy Blake Brittain WASHINGTON, June 30 (Reuters) - The U.S. Supreme Court agreed on Monday to decide a copyright dispute between Cox Communications and a group of music labels following a judicia...Reuters
Mon, Jun 30
US Supreme Court seeks Justice Department views on Bayer's Roundup appeal
Consumers sue over cancer they attribute to RoundupBayer aims to prevent suits making state law claimsBayer faces 67,000 such suits in U.S. courtsThe appeal is Bayer's latest try at the Supreme CourtBy Diana Novak Jones June 30 - The U.S. Supreme Court asked President Donald Trump's admin...Reuters
Mon, Jun 30
Trump to sign order related to Syria sanctions easing, CBS News reports
June 30 (Reuters) - U.S. President Donald Trump will sign an executive order on Monday related to the easing of sanctions on Syria, a CBS reporter posted on X on Monday. In May, Trump announced he would lift sanctions on Syria as part of measures to help the country rebuild after a devastating civil...Reuters
Mon, Jun 30
US Treasury's Bessent says tax bill coming together, is 'a start' on controlling debt
WASHINGTON, June 30 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Monday that he is confident that the Republican tax and spending policy bill will progress in the coming hours and "is a start" towards controlling U.S. debt because it will boost growth.Bessent told Bloomberg Tele...Reuters
Mon, Jun 30
Mapfre Re continues leadership changes with two promotions
By Rebecca DelaneyJune 30 - (The Insurer) - Mapfre Re announced several leadership changes within its management team on Monday, including the appointment of Fernando Utrilla Agüero as deputy chief financial officer.Utrilla Agüero had previously served as assistant general manager of group business ...Reuters
Mon, Jun 30
EU trade commissioner Sefcovic will fly to Washington on Tuesday for trade talks
BRUSSELS, June 30 (Reuters) - European Trade Commissioner Maros Sefcovic said on Monday he will fly to Washington on Tuesday for trade talks."We are absolutely focusing on (...) a positive outcome," he told reporters.Reuters
Mon, Jun 30
US Supreme Court seeks Justice Department views on Bayer's Roundup appeal
Consumers sue over cancer they attribute to RoundupBayer aims to prevent suits making state law claimsBayer faces 67,000 such suits in U.S. courtsThe appeal is Bayer's latest try at the Supreme CourtBy Diana Novak Jones June 30 - The U.S. Supreme Court asked President Donald Trump's admin...Reuters
Mon, Jun 30
Bayer says U.S. Supreme Court asks solicitor general for opinion in glyphosate case
FRANKFURT, June 30 (Reuters) - Bayer BAYGn.DE said on Monday that the U.S. Supreme Court had asked the solicitor general for an opinion in the Durnell case, as the German company seeks clarity from the top U.S. court in litigation related to its weedkiller glyphosate.The court's request for the ...Reuters
Mon, Jun 30
Europe's AI gigafactory push attracts 76 bids, EU tech chief says
By Foo Yun CheeBRUSSELS, June 30 (Reuters) - Seventy-six companies have bid to develop Europe's artificial intelligence gigafactories, the EU's tech chief said on Monday, hailing a bigger than expected response to the bloc's push to catch up with the U.S. and China in this key technology...Reuters
Mon, Jun 30
Lockton promotes Downey to US professional and executive risk leader
By Isha MaratheJune 30 - (The Insurer) - Lockton has appointed Sarah Downey to U.S. professional and executive risk leader, succeeding Devin Beresheim, who was appointed the company's U.S. risk solutions leader earlier in 2025.In her new role, Downey will report to Beresheim.Most recently, Down...Reuters
Mon, Jun 30
Renewable energy shares mixed as U.S. Senate preserves some tax credits in Trump bill
By Tanay Dhumal June 30 (Reuters) - Shares of U.S. renewable energy firms saw a mixed performance in early Monday trading after the U.S. Senate advanced President Donald Trump's sweeping tax-and-spending bill.The final version preserved tax credits for solar leasing — an arrangement where a...Reuters
Mon, Jun 30
Ardonagh completes $2.5 billion Stone Point-led investment, valued at $14 billion
Stone Point now owns "significant" minority stake alongside Madison Dearborn Partners and HPS Investment PartnersEnterprise valuation almost doubled from $7.5 billion following Abu Dhabi Investment Aurhority investment in December 2021Group CEO David Ross hails "next chapter" of UK b...Reuters
Mon, Jun 30
Allium Data targets substantial opportunity by structuring public entity data for carriers, brokers and MGAs
By James ThalerJune 24 - (The Insurer) - Allium Data is targeting what it sees as a substantial market opportunity in public entity insurance by aggregating and structuring policy premium information through open records requests.The Insurtech is also exploring expansion in other financial services...Reuters
Mon, Jun 30
BREAKINGVIEWS-M&A bankers get a rebound in deals but not vibes
By Jeffrey Goldfarb NEW YORK, June 30 (Reuters Breakingviews) - Main Street’s vexing vibes have drifted onto Wall Street. Just as shoppers keep spending despite pessimistic economic perceptions, there’s a similar disconnect in high finance. The mid-year deal digest from LSEG indicates a 30% annua...Reuters
Mon, Jun 30
