News from 2024
By Business Daily | May 29, 2024
Morgan Stanley (NYSE: MS) announced today that it has topped Institutional Investor magazine’s All-Asia Research Team annual rankings once again. This achievement marks a new record for the industry, as Morgan Stanley becomes the first bank to maintain the lead position for 10 consecutive years in the Asia survey’s more than 30-year history.
By A. K. Howerter | May 28, 2024
State Farm recently hosted a networking event for Illinois State University students aimed at fostering professional growth. The event provided an opportunity for students to connect with industry professionals and gain insights into their future careers.
By A. A. Sanchez | May 28, 2024
WASHINGTON, DC (May 28, 2024) – Seven hotels and two restaurants have been newly added to AAA’s Four Diamonds list. Each year, AAA Inspectors visit hotels and restaurants across North America, the Caribbean, and Costa Rica to evaluate them based on the 4 Cs of AAA Diamonds: Cleanliness, Comfort, Cuisine, and Consistency.
By Business Daily | May 28, 2024
Goldman Sachs has moved to a new office space in the World Trade Centre (WTC), Amsterdam, expanding its presence in the city to accommodate a growing footprint across its Global Banking & Markets and Asset & Wealth Management businesses.
By A. I. Benavidez | May 28, 2024
Crews have started the final phase of renovations at the Historic Kenton County Courthouse in Independence.
By A. D. Bamburg | May 26, 2024
Zeke Weston, the policy coordinator for New Jersey Future, voiced his concerns over a proposed bill requiring low-speed e-bikes to be registered and insured. In a statement issued on May 22, he said that this legislation would increase the cost of using these bikes, thereby discouraging their use and impeding New Jersey's climate goals.
By Business Daily | May 24, 2024
LeAndrea Ashley, a St. Anne, IL resident, was recently promoted to Area Manager at the Amazon Monee Fulfillment Center. Ashley announced the promotion on LinkedIn two weeks ago.
By R. B. Pepalis | May 23, 2024
Ravi Bhalla, the mayor of Hoboken, expressed concerns that the proposed e-bike insurance bill would obstruct New Jersey's efforts to promote sustainable and accessible transportation options like Hoboken's Citi Bike program. The bill in question mandates registration and insurance for e-bikes and e-scooters.
By J. N. Schierl | May 23, 2024
The national average for a gallon of gasoline has experienced a minor fluctuation since last Thursday, settling one cent higher at $3.61. This stability in pump prices is common in the days preceding Memorial Day. However, with AAA forecasting a record 38.4 million drivers on the road for the long weekend, there is potential for a temporary increase in prices.
By L. E. Bushouse | May 23, 2024
Joel Carnes has been named leader of Nationwide Pet, effective immediately. Carnes will report to Juan Jose (JJ) Perez, leader of Nationwide’s Corporate Solutions business. His leadership, entrepreneurial mindset, operational experience, and knowledge of the pet insurance industry qualify him to lead this business line as Nationwide aims to serve more pet families with valuable offerings and services.
By A. D. Bamburg | May 23, 2024
State Farm has mobilized its catastrophe response team to assist residents in Greenfield, Iowa, following a severe tornado. The company has received approximately 750 homeowner claims and about 500 auto claims related to the event.
By A. A. Sanchez | May 23, 2024
Nevada voters will get to decide whether to cap contingency fees on all civil lawsuits at 20%, after a judge dismissed an attempt by the state’s trial lawyers to keep the proposal off the ballot.
By Business Daily | May 22, 2024
Jaclyn Cooper, the Clinical Director of Babylon Dental Care, stated in an interview with Business Daily on May 2 that they "prioritize the patient's experience from their very first visit". The practice offers a wide array of services, reflecting its commitment to patient care.
By D. L. Deener | May 21, 2024
The Nevada Division of Insurance (NVDOI) announced a new online tool to allow residents to search for available home insurance plans based on their zip code.
By Business Daily | May 21, 2024
Ted Pick, Chief Executive Officer of Morgan Stanley, will speak at the Morgan Stanley Annual U.S. Financials, Payments & Commercial Real Estate Conference on June 10, 2024, at 12:00 p.m. (ET).
By Business Daily | May 21, 2024
Tokyo, Japan – May 21, 2024 – Global investment firm Carlyle (NASDAQ: CG) announced the final close of its fifth Japanese buyout fund, Carlyle Japan Partners V (“CJP V”). The fund raised JPY 430 billion (approximately USD 2.8 billion), inclusive of commitments from the General Partner and its affiliates, hitting the hard cap on Limited Partner commitments. According to data from Preqin, this marks the largest fundraise for a buyout strategy focused on the Japanese market.
By J. N. Schierl | May 21, 2024
Welcoming a new puppy or kitten into your home is a significant event and an opportunity to provide your new pet with a healthy start. Whether you are an experienced pet owner or this is your first pet, having support can be beneficial. To assist in this endeavor, Nationwide® has created the Pet HealthZone®, a free online resource designed to help you care for your new pet. Here is how it can support you in addressing your new pet’s needs.
By Business Daily | May 21, 2024
Sydney, Australia, May 22, 2024 – Global investment firm Carlyle (NASDAQ: CG) and Australian private credit manager amicaa have announced a NZ$140 million debt financing package for New Zealand fuel retailer NPD. The funding will support a management buyout of the family-owned business.
By Business Daily | May 21, 2024
Morgan Stanley Wealth Management announced the season two launches of its award-winning podcasts, "What Should I Do With My Money?" and "Invested at Work."
By Business Daily | May 21, 2024
Corporates worldwide see sustainability primarily as a value creation opportunity, according to a new “Sustainable Signals” report by the Morgan Stanley Institute for Sustainable Investing. The survey polled over 300 private and public companies across North America, Europe, and APAC to understand how sustainability factors into their businesses and where their organizations see the greatest opportunities and challenges.