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Crown Castle parts ways with second top boss in two years (March 24)
March 24 (Reuters) - Wireless tower operator Crown Castle CCI.N said on Monday it has terminated CEO Steven Moskowitz, effective immediately. Dan Schlanger, the company's current finance chief, has been named as the interim CEO, while the board has initiated a search to appoint Moskowitz's s...
Reuters
Tue, Mar 25
Other
Lemonade passes $1 billion of in-force premium, car insurance expands into Colorado
By Isha MaratheMarch 25 - (The Insurer) - Digital insurance company Lemonade's in-force premium has exceeded $1 billion, reflecting a 150% compound annual growth rate within eight years of launch.“Surpassing $1 billion in IFP with positive free cash flow and a healthy loss ratio is an important...
Reuters
Tue, Mar 25
Stocks
Why Nano Dimension Stock Crashed on Tuesday
Only nine months ago, Nano Dimension (NASDAQ: NNDM) stock was riding high. The 3D printing company had just released preliminary second-quarter results showing an 11% sequential increase in sales, and announced plans to buy rival Desktop Metal (NYSE: DM) for $183 million -- $5.50 per share. Nano Dim...
The Motley Fool
Tue, Mar 25
Other
FACTBOX-How safe is Signal messaging app used by Trump aides to share war plans?
March 25 (Reuters) - Top Trump administration officials used messaging app Signal to share war plans and mistakenly included a journalist in the encrypted chat, spurring calls by Democratic lawmakers for a congressional investigation into the security breach.Under U.S. law, it can be a crime to mish...
Reuters
Tue, Mar 25
Other
Railroad operator CSX reaches five-year agreement with signalmen union
March 25 (Reuters) - Railroad operator CSX CSX.O said on Tuesday it had reached a five-year tentative agreement with the Brotherhood of Railroad Signalmen (BRS).The Jacksonville, Florida-based company said the tentative collective bargaining agreement is subject to ratification by the union's me...
Reuters
Tue, Mar 25
Other
Kin closes $300 million catastrophe bond
By Mia MacGregorMarch 25 - (The Insurer) - Kin Interinsurance Network, one of the reciprocal exchanges managed by homeowners insurtech Kin, has closed a $300 million catastrophe bond transaction through Hestia Re Ltd, marking its third foray into the insurance-linked securities market.The bond, whic...
Reuters
Tue, Mar 25
Other
Santander UK wins bid to throw out lawsuit over push payment fraud
LONDON, March 25 (Reuters) - The UK arm of Spain's Banco Santander SAN.MC on Tuesday won its bid to throw out a lawsuit that had alleged lenders have a duty to try and retrieve funds stolen by customers that turn out to be fraudsters.Santander UK SANS_pa.L was sued at London's High Court in ...
Reuters
Tue, Mar 25
Other
Ukraine says it supports ceasefire accords brokered by US
March 25 (Reuters) - Ukrainian Defence Minister Rustem Umerov said Kyiv supported two ceasefire agreements with Russia that were announced by the United States on Tuesday and that Ukraine would welcome third countries monitoring the accords.The two accords concern a ceasefire at sea and energy infra...
Reuters
Tue, Mar 25
Stocks
Alumis jumps on licensing deal for skin drug
** Shares of biopharmaceutical firm Alumis ALMS.O rise 15.5% to $4.36, hitting over one-month high** ALMS and Tokyo-based Kaken Pharmaceutical 4521.T say they have entered into a licensing agreement to develop, manufacture and commercialize an experimental skin drug in Japan** ALMS' lead drug ca...
Reuters
Tue, Mar 25
Stocks
Sizing the tariff and immigration policy risks on U.S. retailers
Investing.com -- U.S. retailers are facing renewed risks from President Trump’s latest tariff and immigration policies, as his administration moves forward with measures that could pressure margins an
Investing.com
Tue, Mar 25
Other
EXCLUSIVE-Secretive Chinese network tries to lure fired federal workers, research shows
Researcher identifies "network of fake consulting and headhunting firms"Chinese embassy says Beijing respects data privacy and securityFirms list addresses that are empty lots and shell companiesBy AJ Vicens March 25 - A network of companies operated by a secretive Chinese tech firm has b...
Reuters
Tue, Mar 25
Other
Moody's says US fiscal strength on course for continued decline
US debt affordability expected to worsenCentral role of dollar, Treasury market sustain top ratingBut they may not be enough to offset fiscal weakeningDOGE cuts, tariff revenue unlikely to curb deficit growthBy Davide Barbuscia NEW YORK, March 25 (Reuters) - Ratings agency Moody's said on Tue...
Reuters
Tue, Mar 25
Stocks
Viasat gets contract to design lunar orbiting satellite system; shares up
** Shares of satellite communications firm Viasat VSAT.O rise 3.9% to $11.60** Viasat selected to lead lunar orbiting satellite communications portion of European Space Agency's Moonlight Program** Co to work alongside satellite services and operations firm Telespazio and a host of other Europe...
Reuters
Tue, Mar 25
Other
Measles cases rise to 43 in New Mexico, state health department says
March 25 (Reuters) - The New Mexico health department reported 43 measles cases in the state on Tuesday, an increase of one case from its previous count on March 21.Most of the cases were reported in Lea County, which is located adjacent to Gaines county in Texas. Gaines county is considered the cen...
Reuters
Tue, Mar 25
Commodities
U.S. sanctions three Iranian officials allegedly involved in death of FBI agent Robert Levinson
By Ryan Patrick Jones March 25 (Reuters) - The United States has imposed sanctions on three Iranian intelligence officers for their alleged involvement in the disappearance of former FBI Special Agent Robert Levinson, the U.S. Treasury and State departments said in press releases on Tuesday. T...
Reuters
Tue, Mar 25
Cryptocurrencies
World Liberty Financial confirms launch of USD1 stablecoin
President Donald Trump-inspired World Liberty Financial (WLFI) confirmed on Tuesday that it will launch its USD1 stablecoin, which it claims will be backed 1:1 with the US Dollar.
Fxstreet
Tue, Mar 25
Commodities
Airbus sets out its stall ahead of new plane development
New airplane expected to enter service in 10-15 yearsWould be successor to top-selling A320neo familyNew plane expected to be 20%-30% more efficientBy Tim Hepher TOULOUSE, France, March 25 (Reuters) - Airbus AIR.PA on Tuesday gave a glimpse of technologies for its next airplane, a replacement for...
Reuters
Tue, Mar 25
Forex
FOREX-Dollar dips as traders stay cautious on impending tariffs
US consumer confidence weakens in MarchEuro boosted by rising German business moraleTraders remain cautious on Trump's trade tariffsBy Karen Brettell NEW YORK, March 25 (Reuters) - The dollar weakened against the euro and yen on Tuesday as uncertainty around President Donald Trump's plann...
Reuters
Tue, Mar 25
Other
Exclusive: Munich Re hires Arch Re’s Hackett as US casualty head following Freiwald promotion
By James ThalerMarch 25 - (The Insurer) - Munich Re has hired Arch Re executive Joshua Hackett as its new U.S. head of casualty reinsurance, filling a role that was vacated at the start of this year when Maura Freiwald was appointed CEO of Spain, Portugal, Latin America and the Caribbean.A spokesper...
Reuters
Tue, Mar 25
Forex
GBP/USD climbs as tariff relief boosts market mood, all eyes on UK CPI
The Pound Sterling advances against the US Dollar on Tuesday due to an upbeat market mood, as traders are relieved of US reciprocal tariffs, which are expected to be targeted on some of the US trading partners.
GBP/USD
Fxstreet
Tue, Mar 25
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