Business Daily News
By Business Daily | May 2, 2024
In 2023, mortgage loans held by US life insurers reached record levels in terms of aggregate dollar value and as a percentage of invested assets. This surge occurred despite indications of weakening asset quality in their exposure to commercial real estate.
By Business Daily | May 2, 2024
Amazon Pet Day is back for a third year, offering 48 hours of deals on May 7 and 8, celebrating all the special pets in our lives. According to the article provided, shoppers will discover incredible deals across pet essentials, electronics, toys, apparel, and more. The event coincides with National Pet Month, making it the perfect time to stock up on treats or find a new favorite item for our furry companions.The article highlights various deals available on Amazon Pet Day, including discounts on treats, food, pet care products, home and travel essentials, electronics,...
By Business Daily | May 2, 2024
Amazon and Crye Precision have recently joined forces to file a joint lawsuit against counterfeiters attempting to sell fake products on the Amazon platform. Crye Precision, a company specializing in high-quality military and police uniforms and equipment, commended Amazon for their dedication to eradicating counterfeit products and protecting intellectual property. Jonathan Antone, general counsel and chief of staff for Crye Precision, praised Amazon's Counterfeit Crimes Unit (CCU) for leading the charge in the fight against counterfeiters, allowing Crye Precision to focus...
By Business Daily | May 1, 2024
Google Registry is marking a significant milestone as they celebrate the 5th birthday of the .dev top-level domain. The month of May is dedicated to developers, as highlighted by the statement, "May is for .dev-elopers."The celebration includes a special offer for developers, with Google Registry announcing, "We’re celebrating five years since the launch of the .dev top-level domain with five exciting .dev websites and a special offer from our registrar partners." As part of this offer, there is a 50% discount on standard-priced .dev domains, encouraging developers to...
By Business Daily | May 1, 2024
Google continues to expand its support for mental health awareness and resources, especially during Mental Health Awareness Month in the U.S.A psychologist emphasized the importance of reducing the stigma attached to mental health issues, stating, "As a psychologist, I know how important it is to bring the issue out of the shadows and reduce the stigma often attached to it."Google has taken steps to provide essential resources to individuals in need, such as expanding information about suicide, domestic violence, and sexual assault hotlines in various countries,...
By Business Daily | May 1, 2024
In an effort to increase economic opportunities for returning citizens, the Biden-Harris Administration has implemented a new rule aimed at removing barriers that have long hindered individuals with criminal histories from accessing small business loans. The rule, finalized by Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA), will allow more returning citizens, including those on parole and probation, to be eligible for SBA-backed loans to start or grow their businesses.SBA Administrator Guzman emphasized the significance of this rule...
By Business Daily | May 1, 2024
The Allstate Corporation announced the availability of its first quarter 2024 results on May 1, 2024. According to a Form 8-K filed by the company, the financial results for the quarter ended March 31, 2024, are now public. The company's page at sec.gov and www.allstateinvestors.com provide access to the Form 8-K, earnings release, investor supplement, and press release.In a statement, the company highlighted that interested parties can visit www.allstateinvestors.com to access the materials related to the first quarter results. Additionally, The Allstate Corporation will...
By Business Daily | May 1, 2024
Google Play Books has announced exciting enhancements for readers, offering a variety of new features to make the reading experience more enjoyable and engaging.An expanded collection of children’s ebooks is now available at no charge, with over 300 nonfiction ebooks featuring a Read & Listen option, allowing readers to listen to the entire book while the pages turn automatically.Additionally, readers can now access thousands of audiobook previews on YouTube for free, providing a sneak peek into various genres such as science fiction, celebrity memoirs, and romance....
By Business Daily | May 1, 2024
The U.S. insurance industry continues to grapple with the challenges of persistently high inflation, according to experts at an S&P Global Market Intelligence webinar held on April 30. Despite a slight moderation in inflationary pressures from previous levels, they remain elevated compared to pre-pandemic years.
By Business Daily | May 1, 2024
Amidst the growing concerns and excitement surrounding the integration of Artificial Intelligence (AI) in cybersecurity, Michael Sikorski, the CTO of Unit 42, shares his insights on the offensive and defensive impacts of AI in the field.In a recent discussion, Sikorski highlighted the imminent threat posed by AI in the realm of cyberattacks. He emphasized the alarming potential of AI in supercharging social engineering attacks, particularly phishing and business email compromise. According to Sikorski, AI-powered phishing attacks are becoming increasingly sophisticated,...
By Business Daily | May 1, 2024
New York and Washington, May 1, 2024 – Global investment firm The Carlyle Group Inc. (NASDAQ: CG) released its unaudited financial results for the first quarter ended March 31, 2024. According to Carlyle Chief Executive Officer Harvey M. Schwartz, the first quarter results demonstrate the firm's ongoing positive momentum, highlighted by another record quarter of Fee Related Earnings. Schwartz stated, “This is the outcome of our efforts to invest for growth and drive shareholder value. Carlyle is well-positioned to capitalize on the steadily improving investment environment...
By Business Daily | May 1, 2024
E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.E*TRADE from Morgan Stanley, a provider of financial services to retail customers, shared insights from its latest monthly sector rotation study. The study focuses on analyzing the buy/sell behavior of E*TRADE customers in stocks that make up the S&P 500 sectors.The findings of this study provide valuable information for investors looking to understand market...
By Business Daily | Apr 30, 2024
WASHINGTON – SBA Administrator Isabel Casillas Guzman led a roundtable at the White House to mark the beginning of the 2024 National Small Business Week. The event aimed to announce the release of the SBA’s Fiscal Year 2023 Procurement Scorecard and showcase the Biden-Harris Administration's dedication to supporting small businesses since taking office.Administrator Guzman, alongside National Economic Council Director Lael Brainard and White House Domestic Policy Advisor Neera Tanden, highlighted the achievements in small business contracting. The SBA Administrator...
By Business Daily | Apr 29, 2024
Palo Alto Networks, a global cybersecurity company based in Santa Clara, California, has earned the distinction of being recognized as a Leader in the 2024 Gartner Magic Quadrant for Security Service Edge (SSE). This marks the second consecutive year that the company has achieved this prestigious position in the Magic Quadrant.
By Business Daily | Apr 29, 2024
Greg Caesar, Senior Director of Business Development at Medfluence, said he and his team will be attending the upcoming American Osteopathic Colleges of Ophthalmology and Otolaryngology—Head and Neck Surgery (AOCOO-HNS) Annual Clinical Assembly and pointed out strategies they have been seeing from successful practices ahead of the event. He made his statement to Patient Daily on April 1.
By Business Daily | Apr 29, 2024
WASHINGTON – Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, named Iam C. Tucker of Integrated Logistical Support, Inc. (ILSI) in Louisiana as the National Small Business Person of the Year for 2024 at the National Small Business Week (NSBW) awards ceremony in Washington, D.C.Administrator Guzman expressed her admiration for the winner, stating, "The SBA is proud to recognize 2024 National Small Business Person of the Year Iam...
By Business Daily | Apr 29, 2024
WASHINGTON – The Biden-Harris Administration has set a new milestone by awarding a record-breaking $178.6 billion in federal procurement opportunities to small businesses, exceeding the Fiscal Year 2023 small business contracting goal of 23%. This achievement was highlighted by SBA Administrator Isabel Casillas Guzman during a roundtable discussion to mark National Small Business Week.Administrator Guzman emphasized the administration's commitment to supporting small businesses, stating, "Through President Biden’s Investing in America agenda, we have championed...
By Business Daily | Apr 29, 2024
The United Nations' recently launched net-zero insurance initiative is more resistant to antitrust attacks than its predecessor, the Net-Zero Insurance Alliance (NZIA), according to Butch Bacani, chairman of the new initiative. The UN disbanded the NZIA on April 25 due to allegations of antitrust violations and replaced it with the Forum for Insurance Transition to Net Zero (FIT). Bacani, who also oversees insurance for the UN Environment Programme Finance initiative, serves as chair.
By Business Daily | Apr 29, 2024
Progressive Insurance has revealed plans to hire thousands of individuals for various roles across the United States in 2024. The company, known for its progressive and inclusive company culture, is actively seeking qualified candidates to support its expanding customer base.Bill Clawson, Progressive's Chief Human Resources Officer, emphasized the importance of the company's workforce, stating, "Our talented group of more than 60,000 employees across the country are at the forefront of what we do, and we're committed to meeting the needs of our current employees as well...
By Business Daily | Apr 29, 2024
Progressive Insurance has announced plans to hire thousands of job seekers for various roles across the country in 2024 as part of its continued growth. The company reported a significant increase in total revenue in 2023 and has maintained this growth into the new calendar year, prompting the need for more employees to support its expanding customer base.Bill Clawson, Progressive Chief Human Resources Officer, emphasized the importance of their workforce by stating, “Our talented group of more than 60,000 employees across the country are at the forefront of what we do,...