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KBRA: Tariffs expected to raise claims costs for P&C insurers
By Mia MacGregorApril 17 - (The Insurer) - Tariffs are likely to drive up claims costs for property and casualty insurers, particularly in the property and auto lines, according to a report by rating agency KBRA.The report noted that the primary, secondary and tertiary effects of tariffs will vary d...Reuters
Thu, Apr 17
Other
Fitch Expects Federal Reserve To Wait Until 4Q25 Before Cutting Rates
April 17 (Reuters) - FITCH EXPECTS FEDERAL RESERVE TO WAIT UNTIL 4Q25 BEFORE CUTTING RATESFITCH : GENERALLY HEALTHY US CORPORATE BALANCE SHEETS PROVIDE SOME FINANCIAL CUSHION HEADING INTO PROSPECTIVE DOWNTURNReuters
Thu, Apr 17
Other
Carrier Global - Senior VP & CFO Patrick Goris To Become Interim Controller Effective May 2 - SEC Filing
April 17 (Reuters) - Carrier Global Corp CARR.N:CARRIER GLOBAL - SENIOR VP & CFO PATRICK GORIS TO BECOME INTERIM CONTROLLER EFFECTIVE MAY 2 - SEC FILINGSource text: [ID:n0000950142-25-001103]Reuters
Thu, Apr 17
Cryptocurrencies
Can Dogecoin Price Realistically Reach $10? Here’s How High The Market Cap Would Have To Be
Crypto analysts have raised the possibility of the Dogecoin price reaching $10. Based on this, it has become important to analyze what DOGE’s market cap could be if it reaches this ambitious price target. What DOGE’s Market Cap Would Be If The Dogecoin Price Reaches $10 CoinMarketCap data shows that...Bitcoinist
Thu, Apr 17
Other
Rare Element Resources Provides Rare Earth Demonstration Plant Update
April 17 (Reuters) - Rare Element Resources Ltd REEMF.PK:RARE ELEMENT RESOURCES PROVIDES RARE EARTH DEMONSTRATION PLANT UPDATERARE ELEMENT RESOURCES LTD - DEMONSTRATION PLANT OPERATIONS DELAYED BY SEVERAL MONTHSReuters
Thu, Apr 17
Other
Fed proposes averaging large bank stress test results to reduce volatility
By Pete SchroederWASHINGTON, April 17 (Reuters) - The Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to average results over two years in setting capital requirements.The central bank also proposed giving banks three more months...Reuters
Thu, Apr 17
Other
Lendingclub Agrees To Purchase Headquarters Property In San Francisco To Support Growth, Reinforcing Bay Area Commitment
April 17 (Reuters) - LendingClub Corp LC.N:LENDINGCLUB AGREES TO PURCHASE HEADQUARTERS PROPERTY IN SAN FRANCISCO TO SUPPORT GROWTH, REINFORCING BAY AREA COMMITMENTLENDINGCLUB CORP - TO ACQUIRE SAN FRANCISCO PROPERTY FOR $74.5 MILLIONReuters
Thu, Apr 17
Other
Educational Development Corp - Executes Eighth Amendment To Credit Agreement - SEC Filing
April 17 (Reuters) - Educational Development Corp EDUC.O:EDUCATIONAL DEVELOPMENT CORP - EXECUTES EIGHTH AMENDMENT TO CREDIT AGREEMENT - SEC FILINGEDUCATIONAL DEVELOPMENT CORP - REVOLVING LOAN MATURITY DATE EXTENDED TO JULY 11, 2025EDUCATIONAL DEVELOPMENT CORP - TERM LOANS MATURITY DATES EXTENDED TO ...Reuters
Thu, Apr 17
Stocks
Lifespeak Inc. Announces Go-Private Transaction And Enters Into Extension Of Term Loan And Forbearance Agreements With Its Lenders
April 17 (Reuters) - LifeSpeak Inc LSPK.TO:LIFESPEAK INC. ANNOUNCES GO-PRIVATE TRANSACTION AND ENTERS INTO EXTENSION OF TERM LOAN AND FORBEARANCE AGREEMENTS WITH ITS LENDERSLIFESPEAK INC - CASH OFFER OF $0.32 PER SHARE, 28% PREMIUM TO 20-DAY VWAPLIFESPEAK INC - CONSORTIUM INCLUDING BEEDIE CAPITAL TO...Reuters
Thu, Apr 17
Other
Creative Media & Community Trust Corp - To Transfer Listing To Nasdaq Capital Market - SEC Filing
April 17 (Reuters) - Creative Media & Community Trust Corporation CMCT.O:CREATIVE MEDIA & COMMUNITY TRUST CORP - TO TRANSFER LISTING TO NASDAQ CAPITAL MARKET - SEC FILINGSource text: [ID:n0000908311-25-000027]Reuters
Thu, Apr 17
Stocks
Vincerx Pharma Announces Intent To Delist From Nasdaq And Deregister With The SEC
April 17 (Reuters) - Vincerx Pharma Inc VINC.O:VINCERX PHARMA, INC. ANNOUNCES INTENT TO DELIST FROM NASDAQ AND DEREGISTER WITH THE SECVINCERX PHARMA INC - STOCK TO RESUME TRADING ON APRIL 21, 2025VINCERX PHARMA INC - STOCK TO BE PERMANENTLY SUSPENDED ON APRIL 23, 2025VINCERX PHARMA INC - BOARD DECID...Reuters
Thu, Apr 17
Other
Liberty Company acquires wholesale broker DB Jones Associates
By Isha MaratheApril 17 - (The Insurer) - U.S. insurance broker Liberty Company has acquired wholesale broker DB Jones Associates, integrating it into managing general agency Aura Risk Management, a member of the Liberty Company Network of Insurance Brokers.The acquisition will expand Liberty's...Reuters
Thu, Apr 17
Commodities
US Cash Crude-Grades rise despite expected rise in domestic output
April 17 (Reuters) - Grades broadly rose on Thursday, dealers said, even as future supply is expected to rise. U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Thursday.The oil...Reuters
Thu, Apr 17
Other
Tesla speeds up odometers to avoid warranty repairs, US lawsuit claims
By Jonathan Stempel April 17 (Reuters) - Tesla TSLA.O faces a proposed class action claiming it speeds up odometers on its electric vehicles so they fall out of warranty faster, saving Elon Musk's company from having to pay for repairs.The plaintiff Nyree Hinton alleged that Tesla odometer re...Reuters
Thu, Apr 17
Other
Universal Electronics Inc - Paul D. Arling To Step Down As Chairman On May 1, 2025 - SEC Filing
April 17 (Reuters) - Universal Electronics Inc UEIC.O:UNIVERSAL ELECTRONICS INC - PAUL D. ARLING TO STEP DOWN AS CHAIRMAN ON MAY 1, 2025 - SEC FILINGUNIVERSAL ELECTRONICS INC - ERIC SINGER TO BECOME CHAIRMAN OF THE BOARD ON MAY 1, 2025 - SEC FILINGSource text: [ID:n0000101984-25-000072]Reuters
Thu, Apr 17
