News published on Business Daily in May 2024

News from May 2024


Google has announced significant updates to its account security measures on the occasion of World Password Day. Passkeys, a new form of authentication technology, have been making waves since their launch in 2022. The company proudly revealed that passkeys have already been used over 1 billion times across more than 400 million Google Accounts.Passkeys have been praised for their simplicity and security features, as highlighted by Google: "Passkeys are easy to use and phishing resistant, only relying on a fingerprint, face scan or a pin making them 50% faster than...

Amazon Day Delivery, a feature that allows Prime members to select the day of the week for their deliveries, is gaining popularity for its convenience and eco-friendly approach. With this option, customers can have more control over their delivery schedules and reduce packaging waste. According to a statement by Amazon, "The Amazon Day delivery option lets you pick the day of the week that you receive your orders, putting you in control of your delivery schedule while receiving fewer boxes on average."Prime membership not only offers fast and free delivery but also...

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.

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,...

In 2023, over 56,000 wildfires ravaged 2.6 million acres, leading to the destruction of more than 4,300 residential and commercial structures across the United States. This data was provided by the National Interagency Fire Center. Wildfires, which can occur anywhere from Hawaii to Florida and up to New England, are unpredictable phenomena. The most effective strategy for safeguarding against wildfire-related losses is to prepare in advance for such unexpected events.

Sherman "Tiger" Joyce, president of the American Tort Reform Association (ATRA), expressed concern over the "significant campaign contributions" from law firms to New Jersey legislators. He suggested that these donations could potentially influence policy in the state. Joyce's comments were part of a press release issued on March 21.

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...

While the road of life offers no clear detour around high auto insurance rates, a Nevada ballot proposal hopes to put residents behind the wheel of reform by targeting exorbitant attorney fees.

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...

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,...

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...

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...

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....

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.

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,...

Sydney Al-Lateef, a twelve-year-old with a vibrant personality and a love for performing arts, has been named the 2024 Nicklaus Youth Spirit Award recipient. Despite her youthful age, Sydney has already showcased her talents in poetry and performance on television and radio programs.

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...

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...