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REFILE-Soccer-Jeep set to return as Juventus shirt sponsor in cheaper deal, sources say
Jeep in talks to pay almost 25 million euros annually'Visit Detroit' logo also set to appear on Juventus jerseyDeals set to end season-long main sponsorship hiatus Jeep had been Juventus main sponsor for over a decadeBy Giulio Piovaccari and Elvira Pollina TURIN/MILAN, April 17 (Reuters) ...Reuters
Thu, Apr 17
Aon estimates Q1 insured cat losses at $53 billion
By Scott VincentApril 17 - (The Insurer) - Aon has estimated first quarter insured losses from natural catastrophes at more than $53 billion, the second-highest total on record. Only 2011, which saw first-quarter insured losses of $81 billion, has seen a costlier first three months of the year, the ...Reuters
Thu, Apr 17
Drake attacks Lamar's Super Bowl performance in lawsuit against record label
Drake sued UMG over promotion of Lamar's 'Not Like Us'Drake says UMG tried to profit by making him a pariahUMG calls lawsuit baseless, affront to creative expressionBy Jonathan Stempel NEW YORK, April 17 (Reuters) - Drake expanded his defamation lawsuit against Universal Music Group, ...Reuters
Thu, Apr 17
Elevance maintains profit forecast after rival UnitedHealth's outlook cut
April 17 (Reuters) - Elevance Health ELV.N on Thursday forecast a first-quarter profit above estimates and maintained its annual profit view, hours after industry bellwether UnitedHealth UNH.N cut its outlook and sparked a selloff in shares of health insurers. UnitedHealth also missed its quarterly ...Reuters
Thu, Apr 17
Allstate surpasses aggregate reinsurance retention with $1.04 billion in March cat losses
By Michael LoneyApril 17 - (The Insurer) - Allstate Corporation has estimated catastrophe losses for the month of March of $1.04 billion, with the U.S. personal lines insurer surpassing the retention level for its annual reinsurance cover and expecting recoveries of $123 million for the month.The ca...Reuters
Thu, Apr 17
Three die in boating crash at Alabama pro fishing tournament
April 17 (Reuters) - Three people died and three were injured when two fishing boats collided at a Major League Fishing event on Lewis Smith Lake in Alabama on Wednesday, the Alabama Law Enforcement Agency (ALEA) said.One man was fatally injured when the vessel he was onboard was struck by another b...Reuters
Thu, Apr 17
Micron rejigs business units to highlight AI data center demand
April 17 (Reuters) - Micron Technology MU.O said on Thursday it is reshuffling its business segments to focus on the artificial intelligence-linked demand for its memory chips from large-scale cloud providers.The new segment, called "cloud memory business unit", will focus on products used b...Reuters
Thu, Apr 17
Regulators scrutinizing insurtech for 'unfair discrimination': Connecticut Insurance Department's Kosky
By Isha MaratheApril 17 - (The Insurer) – As emerging technologies like generative artificial intelligence and agentic AI are integrated into insurance workflows, U.S. state regulators are collaborating on ways to get a peek into the algorithmic "black box," hoping to tamp down on unfair di...Reuters
Thu, Apr 17
Russia using new mass assault tactics on battlefield, Kyiv says
By Yuliia Dysa and Max Hunder KYIV, April 17 (Reuters) - Russian forces are trying out a new tactic of larger-scale assaults involving several hundred troops, according to Ukraine's military, as Kyiv girds for a new offensive push from its bigger adversary more than three years into a full-sc...Reuters
Thu, Apr 17
U.S. RESEARCH ROUNDUP- Cognex, Equifax, Netflix
April 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cognex, Equifax and Netflix on Thursday.HIGHLIGHTS* Cognex Corp CGNX.O: Daiwa Capital Markets cuts to outperform from buy* Coherent Corp COHR.N: JP Morgan cuts tar...Reuters
Thu, Apr 17
Neptune Flood makes leadership changes, promotes Duffy to president
By Mia MacGregorApril 17 - (The Insurer) - AI-driven MGU Neptune Flood has expanded its leadership team with three promotions and one new appointment, including the promotion of Matt Duffy to president.Duffy, who joined Neptune in July 2021, was promoted from managing director to president. In his n...Reuters
Thu, Apr 17
Lockton names DiLullo first US industry practice leader
By Mia MacGregorApril 17 - (The Insurer) - Lockton has appointed Chris DiLullo as its first U.S. industry practices leader. DiLullo has been with the company for more than two decades, most recently serving as Northeast industry practice leader. Over the course of his tenure, he has held various le...Reuters
Thu, Apr 17
CANADA RESEARCH ROUNDUP-Bombardier, Information Services, Stantec
April 17 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bombardier, Information Services and Stantec on Thursday.HIGHLIGHTS * Bombardier BBDb.TO: National Bank of Canada raises target price to C$107 from C$103* Franco-Nevada Corp FNV....Reuters
Thu, Apr 17
US sanctions International Bank of Yemen, top officials
WASHINGTON, April 17 (Reuters) - The United States on Thursday issued new sanctions targeting the International Bank of Yemen (IBY), citing its financial support for the Houthis, the Iran-backed group that has waged attacks on commercial ships in the Red Sea, a Treasury Department statement said.The...Reuters
Thu, Apr 17
Health insurer Elevance sees first-quarter profit above estimates
April 17 (Reuters) - Elevance Health ELV.N said on Thursday it expects first-quarter profit above estimates, helped by medical cost trends that were in line with its expectations. The company forecast first-quarter adjusted profit of $11.97 per share, compared with analysts' average estimate of ...Reuters
Thu, Apr 17
US judge finds Google holds illegal online ad tech monopolies
April 17 (Reuters) - Alphabet's GOOGL.O Google illegally dominated two markets for online advertising technology, a federal judge said on Thursday, dealing another blow to the tech titan in an antitrust case brought by the U.S.The ruling by U.S. District Judge Leonie Brinkema in Alexandria, ...Reuters
Thu, Apr 17
ABB to increase local US production to reduce tariff impact
By John Revill ZURICH, April 17 (Reuters) - Swiss engineering group ABB ABBN.S is expanding its local production in the United States and other countries to mitigate the impact of tariffs imposed by U.S. President Donald Trump, Chief Executive Morten Wierod said on Thursday.ABB has already pledge...Reuters
Thu, Apr 17
EXCLUSIVE-JPMorgan beefs up activism defense group, hires two managing directors
JPMorgan hires Herrington and Park as managing directors JPMorgan's activism defense team sees biggest expansion in a decadeBank ranks second in global financial advisers league tableBy Svea Herbst-BaylissNEW YORK, April 17 (Reuters) - JPMorgan Chase JPM.N is hiring two veteran bankers in its gl...Reuters
Thu, Apr 17
