News from 2024
By K. R. Nelson | Oct 10, 2024
Amazon has reported safety measures and increased employee training efforts including team playbooks and disaster preparation plans for fulfillment and delivery teams to utilize in the upcoming holiday season.
By A. A. Sanchez | Oct 10, 2024
Amazon has increased safety measures and employee training efforts in anticipation of the increase in business as the holiday season approaches.
By K. R. Nelson | Oct 10, 2024
The national average price for a gallon of gasoline has increased by two cents to $3.21 over the past week. This rise comes as several regions across the United States are dealing with significant storm damage caused by Hurricane Milton. Although similar to Hurricane Helene, Milton is not expected to severely impact national gasoline supplies, it will likely affect demand in areas where infrastructure has been destroyed, roads are flooded, and power outages persist.
By Business Daily | Oct 10, 2024
First-half economic and underwriting results for the U.S. property/casualty (P/C) industry have surpassed expectations, according to a new report from the Insurance Information Institute (Triple-I) and Milliman. The report, titled "Insurance Economics and Underwriting Projections: A Forward View," highlights an improvement in the net combined ratio (NCR), which stands at 99.4—a 2.3-point enhancement compared to last year.
By A. I. Benavidez | Oct 9, 2024
A recent study led by MIT reveals that 60% of employees who interact with robotics and AI in the workplace expect these technologies to improve their productivity, job satisfaction, and safety.
By A. I. Benavidez | Oct 9, 2024
Gary Stern, a food and dining contributor at Forbes, said Foxtail Coffee is one example of a coffee company that is expanding while preserving culture and avoiding supply chain issues, in contrast to current issues faced by industry giant Starbucks.
By Business Daily | Oct 9, 2024
The Carlyle Group Inc. has announced it will release its financial results for the third quarter of 2024 on November 7. A conference call is scheduled for the same day at 8:30 a.m. EST, which will be accessible via a public webcast on the Events & Presentations section of ir.carlyle.com. The webcast replay will be available following the call.
By Business Daily | Oct 8, 2024
Financial security plays a crucial role for victims of domestic violence when considering leaving an abusive relationship, according to the Insurance Information Institute (Triple-I). The organization highlights insurance as a vital component of financial planning that can aid survivors in moving forward.
By A. I. Benavidez | Oct 7, 2024
State Farm has announced its readiness to assist customers affected by Hurricane Milton. The insurance company emphasizes its commitment to supporting policyholders during challenging times, offering guidance and assistance beyond standard coverage.
By Business Daily | Oct 7, 2024
Florida residents are urged to complete preparations as Hurricane Milton approaches the state's west-central Gulf Coast. The Insurance Information Institute (Triple-I) reports that the hurricane, now a Category 5 storm with sustained winds of 160 mph, is expected to make landfall on Wednesday, October 9.
By Business Daily | Oct 7, 2024
The Goldman Sachs Group, Inc. has announced the appointment of Melissa Goldman as Partner and Global Head of Technology Engineering for Global Banking & Markets (GBM).
By A. A. Sanchez | Oct 6, 2024
Amazon has announced the implementation of a Naloxone program as part of its emergency response procedures. According to a news release dated September 27, the company will stock Naloxone at its operational sites in North America to address the rising opioid overdose crisis.
By Business Daily | Oct 5, 2024
Following President Biden's letter to Congress concerning disaster relief needs for communities affected by Hurricane Helene, U.S. Small Business Administration (SBA) Administrator Isabel Casillas Guzman has called on Congress to replenish the SBA’s disaster loan program. The funds are crucial for small businesses, homeowners, renters, and non-profits impacted by disasters and are expected to run out before the end of October.
By Business Daily | Oct 4, 2024
Goldman Sachs has announced the expansion of its 10,000 Small Businesses initiative to Minnesota, as part of a broader $100 million investment aimed at supporting rural communities.
By Business Daily | Oct 4, 2024
The U.S. Small Business Administration (SBA) has announced the distribution of $9 million in grants to 49 organizations across the United States. The initiative, part of the Federal and State Technology (FAST) Partnership Program, aims to assist underserved communities by providing specialized training, mentoring, and technical support for startups.
By A. I. Benavidez | Oct 3, 2024
Uber launched several new safety features nationwide in an effort to improve the protection and security of its drivers and couriers. Many new features had successful pilot programs in select areas before being unveiled nationwide.
By A. I. Benavidez | Oct 3, 2024
State Farm, a prominent insurer in California since 1928, is navigating the state's challenging insurance market. The company supports California's Sustainable Insurance Strategy and efforts by the California Department of Insurance (CDI) to implement it.
By A. A. Sanchez | Oct 3, 2024
State Farm has announced the recipients of its Good Neighbor Firefighter Safety Program grants, awarding $1 million to 100 volunteer fire departments. Each department will receive a $10,000 grant to purchase equipment aimed at enhancing safety, communications, and operations. Volunteer firefighters constitute over 65% of all firefighters in the United States and are crucial in protecting communities, particularly in small towns and rural areas.
By Business Daily | Oct 3, 2024
The U.S. Small Business Administration (SBA) has announced the addition of 14 new awards to its Regional Innovation Cluster (RIC) network. This expansion aims to support small businesses and entrepreneurial organizations nationwide, fostering innovation and job creation.
By A. I. Benavidez | Oct 3, 2024
Despite challenges both domestically and internationally, the national average price for a gallon of gasoline has decreased by three cents to $3.19. The recent impact of Hurricane Helene did not significantly affect gasoline supply but reduced demand in affected areas due to infrastructure damage and power outages. Public electric vehicle charging costs have remained stable.