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Ryan Specialty appoints Kelleher as president of its hotel and resort MGU
By Isha MaratheApril 24 - (The Insurer) - Ryan Specialty has appointed Chris Kelleher as president of its hotel and resort MGU Suitelife Underwriting Managers, replacing John Welty, who will retire, effective June 30.Kelleher joined Ryan Specialty in 2020 with the acquisition of All Risks, where he...Reuters
Thu, Apr 24
Commodities
Ukraine's Marchenko says working to seal US minerals pact as 'fast as we can'
Trump pushing deal to expand economic cooperationUkrainians met with Treasury secretary on WednesdayBy Andrea Shalal WASHINGTON, April 24 (Reuters) - Ukraine and the United States still have issues to resolve before signing a critical minerals agreement, but Kyiv officials are working to seal...Reuters
Thu, Apr 24
Other
BlackRock CEO buying 'undervalued' UK assets, The Times reports
April 24 (Reuters) - Blackrock BLK.N Chief Executive Officer Larry Fink said that the company has been buying billions of pounds of assets in the UK that it believes are "undervalued".In an interview with British newspaper The Times, Fink said that the fund manager has been building position...Reuters
Thu, Apr 24
Cryptocurrencies
Trump teases third term with 2028 hat. Just how far can he go?
On Monday, president Donald Trump’s campaign merch site started selling a new red cap stitched with “Trump 2028” across the front. The hat dropped without warning. It’s the clearest proof yet that Trump, now in his second term as president, is pushing to stay in the White House way past what the law allows. According […]Cryptopolitan
Thu, Apr 24
Other
MSI launches commercial general liability product for habitational properties
By Mia MacGregorApril 24 - (The Insurer) - Millennial Specialty Insurance, an indirect MGA subsidiary of The Baldwin Insurance Group, has launched a commercial general liability insurance product designed specifically for habitational properties. The new product provides general liability coverage f...Reuters
Thu, Apr 24
Commodities
CBOT soybeans near two-month high on export optimism
CHICAGO, April 24 (Reuters) - Chicago Board of Trade soybean futures rose on Thursday, with the July contract SN25 reaching its highest in nearly two months on technical buying and optimism about export demand for U.S. soy, traders said.CBOT July soybeans SN25 settled up 11-3/4 cents at $10.62 per b...Reuters
Thu, Apr 24
Other
RT Specialty launches public entity casualty program
By Mia MacGregorApril 24 - (The Insurer) - RT Specialty has launched a public entity casualty program (RSPE) offering liability coverage up to $5 million for public entities. Supported by an AM Best A-rated carrier and a panel of global reinsurers, RSPE provides flexible structures and stability for...Reuters
Thu, Apr 24
Other
TREASURIES-Yields decline on hopes for lower tariffs and Fed easing
Lower-than-feared tariffs seen as supportiveEconomic data shows resilience but cloudy outlookFears of foreign buyers' strike partly assuaged By Davide Barbuscia NEW YORK, April 24 (Reuters) - U.S. Treasury yields declined on Thursday on tentative hopes of lower-than-feared U.S. tariffs and th...Reuters
Thu, Apr 24
Stocks
SpringWorks rises after report Germany's Merck has made nearly $3.5 billion deal
** Shares of drugmaker SpringWorks Therapeutics SWTX.O rise 8.2% to $44.59 ** Germany's Merck KGaA MRCG.DE is nearing a roughly $3.5 billion deal for SWTX, the Wall Street Journal reports ** Both companies have agreed on a price close to $47 per share, report says** Up to last close, SWTX up 14%...Reuters
Thu, Apr 24
Stocks
Why Micron Stock Is Soaring Today
Micron Technology (NASDAQ: MU) stock is posting big gains Thursday amid a positive indicator for its industry and bullish momentum for the broader market. The company's share price was up 5.7% as of 3 p.m. ET. The S&P 500 and the Nasdaq Composite were up 1.9% and 2.6%, respectively.Micron's valuatio...The Motley Fool
Thu, Apr 24
Other
Obsidian hires Hiscox's Bourdeau as head of new partnerships
By Isha MaratheApril 24 - (The Insurer) - Hybrid fronting carrier Obsidian Insurance Holdings has hired Sarah Tombolo Bourdeau, former head of distribution at Hiscox USA, as its head of new partnerships.She has over 13 years of experience in the industry. Before Hiscox, Bourdeau held roles at compa...Reuters
Thu, Apr 24
Other
Feds apologize for accidental filing casting doubt on NYC congestion pricing challenge
U.S. Attorney's Office apologizes for filing errorDuffy criticizes filing as incompetence or obstructionHochul defends congestion pricing despite federal pressureUSDOT approved congestion pricing under BidenBy David Shepardson WASHINGTON, April 24 (Reuters) - The U.S. Attorney's Office in...Reuters
Thu, Apr 24
Other
Germany's Merck nears roughly $3.5 billion deal for SpringWorks, WSJ reports
April 24 (Reuters) - Germany's Merck KGaA MRCG.DE is nearing a roughly $3.5 billion deal for SpringWorks Therapeutics SWTX.O, the Wall Street Journal reported on Thursday, citing people familiar with the matter.Reuters
Thu, Apr 24
Commodities
Oil prices settle up on weaker US dollar, mixed economic news
U.S. labor market remains resilientPotential accelerated OPEC+ output increases weighs on marketKazakhstan to prioritize national interest in oil outputBy Scott DiSavino NEW YORK, April 24 (Reuters) - Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ outpu...Reuters
Thu, Apr 24
Other
Column-This Supreme Court case could upend class actions
By Jenna Greene April 24 (Reuters) - When the U.S. Supreme Court next week hears arguments in a case that could reshape class action litigation, the justices will consider some lofty questions about constitutional standing and jurisdiction.My curiosity, however, has more to do with the practical ...Reuters
Thu, Apr 24
Other
Health Rounds: Exposure to bacterial toxin may explain earlier age colon cancer rise
By Nancy LapidApril 24 (Reuters) - Hello Health Rounds Readers! Today we feature research that may have uncovered a cause behind the alarming trend of rising colon cancer rates among younger adults. We also report on a potential pharmaceutical alternative to liver transplant for patients with a dise...Reuters
Thu, Apr 24
Other
North Korean cyber spies created U.S. firms to dupe crypto developers
North Korean hackers set up U.S. firms to target crypto developersSilent Push identifies Lazarus Group behind fake corporate frontsFBI seizes Blocknovas domain linked to malware distributionBy AJ Vicens, Anton Zverev and James Pearson DETROIT/LONDON, April 24 (Reuters) - North Korean cyber spies ...Reuters
Thu, Apr 24
Other
EXCLUSIVE-US Justice Dept grant cuts valued at $811 million, people familiar say
WASHINGTON, April 24 (Reuters) - The U.S. Justice Department is terminating grants totaling $811 million for a wide range of services to crime victims including trauma recovery centers and sign language interpretation, two sources familiar with the matter told Reuters.The grants were worth $811 mill...Reuters
Thu, Apr 24
