News from 2024
By Business Daily | Apr 28, 2024
State Farm has expressed deep concern for those affected by the recent severe weather events, including tornadoes in multiple states and hail storms in Texas. A spokesperson for State Farm stated, "Our hearts go out to the communities and families of all those who have been tragically affected by the recent severe weather." The company's primary focus is on ensuring the safety and well-being of all individuals in the impacted areas.In response to the natural disasters, State Farm has mobilized its catastrophe claim response team members to assist customers. They have also...
By Business Daily | Apr 26, 2024
Amazon announced it will start operating a drone delivery service in the West Valley Phoenix Metro Area this year.
By A. D. Bamburg | Apr 26, 2024
A recent report by the American Tort Reform Association (ATRA) has examined the political contributions of New Jersey's top twenty plaintiff's law firms. The findings revealed that these firms collectively donated over $2 million to politicians and political action committees (PACs). ATRA President Sherman "Tiger" Joyce expressed concerns about the potential influence of these donations on legislative and judicial decisions. The report was released on March 21.
By A. K. Howerter | Apr 26, 2024
A recent report by the American Tort Reform Association (ATRA) reveals that lawyers in New Jersey spent $105.3 million on legal services advertisements in 2023. ATRA President Sherman "Tiger" Joyce attributes this to a strategy aimed at boosting settlements and payouts, which subsequently leads to larger paydays for the lawyers themselves. The report was released by ATRA on March 21.
By Business Daily | Apr 26, 2024
PayPal announced the testing of its new express checkout method, Fastlane by PayPal, which streamlines the checkout process for users when online shopping.
By Business Daily | Apr 26, 2024
Amidst the ongoing debate over cybersecurity platforms versus best-of-breed point solutions, the cybersecurity industry is witnessing a shift towards a more integrated and consolidated approach. According to industry experts, platform solutions have faced criticism for offering capabilities that are only considered "good enough," while point solutions have inadvertently complicated the cybersecurity landscape.Platformization has emerged as a crucial element in modern cybersecurity strategies, aiming to streamline security functions, reduce complexity, and enhance overall...
By Business Daily | Apr 25, 2024
Goldman Sachs Group, Inc. (NYSE:GS) has appointed Hidehiro Imatsu as the new president and representative director of Goldman Sachs Japan Co., Ltd. (“GSJCL”), with the effective date set for June 3, 2024. Imatsu, currently serving as co-head of Global Interest Rate Products Trading and co-head of the Asia Pacific Fixed Income, Currency and Commodities Franchise in Hong Kong, will retain these roles while taking on the new leadership position in Tokyo.In a statement, David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, expressed confidence in Imatsu's...
By A. A. Sanchez | Apr 25, 2024
Mary Lau, president of the Retail Association of Nevada, stated that businesses in Nevada are confronting "an unprecedented number of meritless lawsuits" that "do nothing to protect their customers" and only serve to enrich attorneys. Lau expressed her concerns in a press release dated March 18.
By Business Daily | Apr 25, 2024
WASHINGTON, D.C. (April 25, 2024)—With domestic gasoline demand decidedly in the doldrums and the cost of oil retreating, the national average dipped two cents since last week to $3.65.Andrew Gross, spokesperson for AAA, noted, "Domestic gas demand is pretty pokey at the moment, which is often the case in the runup to Memorial Day and the traditional start of summer driving season."Gross also added, "The recent national average price of $3.67 could be the peak until hurricane season is well underway. But as always, the wildcard will be the cost of oil, so stay tuned."...
By Business Daily | Apr 25, 2024
Washington, DC (April 25, 2024) – Raising speed limits on highways could lead to more crashes on nearby roads, according to new research by the AAA Foundation for Traffic Safety. Dr. David Yang, president and executive director of the AAA Foundation, emphasized this point by stating, “Increasing posted speed limits on freeways may improve traffic flow but could also lead to safety concerns in adjacent communities once speeding drivers proceed to neighboring roadways.”The study conducted by AAA Foundation researchers focused on the impact of speed limit changes on...
By Rodrigo Ortiz-Gomez | Apr 24, 2024
Much goes into running a successful startup, but in simplest terms, managing one is an exercise in fast, smart decision-making. Every day brings new choices, big and small. However, some decisions are more critical. These inflection points can have a profound impact on the trajectory of a company’s long-term success.
By Business Daily | Apr 24, 2024
Enclave Coworking will be hosting a free coworking day for the community at their Evanston location on May 9.
By Business Daily | Apr 24, 2024
State Farm has introduced an innovative program aimed at assisting drivers involved in collisions, further emphasizing their commitment to enhancing driver safety. The new Accident Assistance feature, integrated into the Drive Safe & Save platform, aims to provide crucial guidance and support to individuals during the challenging moments following an accident.According to State Farm, the Accident Assistance feature is designed to help drivers navigate the immediate aftermath of a collision by offering guidance on essential steps such as ensuring safety, contacting...
By Business Daily | Apr 24, 2024
Flying Food Group has announced a partnership with ITA Airways to offer in-flight catering services for the airline's new flights operating between Chicago O'Hare International Airport and Rome Fiumicino Airport. The new route is scheduled to operate six times per week.
By Business Daily | Apr 24, 2024
Nationwide has announced the launch of its Dynamic Default feature, aimed at speeding up the adoption of in-plan protected retirement solutions by allowing plan sponsors to automatically default participants into a protected retirement solution. Eric Stevenson, President of Nationwide Retirement Solutions, stated, "We’re really starting to see a lot more employers become more comfortable offering protected retirement solutions, and we believe offering them through dynamic default will be the next generation of retirement plan auto features."The implementation of the...
By Business Daily | Apr 24, 2024
SBA Administrator Isabel Casillas Guzman is set to launch National Small Business Week (NSBW) events in Washington, D.C. on April 28-29. The event will bring together the 2024 Award Winners, individuals who exemplify the resilience and determination driving the nation's economy.During the event, the Small Business Administration (SBA) will honor various stakeholders for their contributions to entrepreneurial development, federal contracting, lending, disaster recovery, and more. Administrator Guzman stated, "The press is invited to attend all events and must RSVP......
By Business Daily | Apr 24, 2024
Morgan Stanley Wealth Management has announced the 2024 MAKERS Class, a group of 11 outstanding professionals dedicated to advancing women and breaking barriers within the firm. Jed Finn, Head of Wealth Management at Morgan Stanley, expressed the importance of celebrating leaders committed to supporting women, mentoring, and driving positive change. He stated, "At Morgan Stanley, we believe it’s important to share and celebrate the stories of our leaders who are committed to advancing women, mentoring and breaking barriers. The MAKERS program, a powerful tradition at our...
Flying Food Group partners with Hainan Airlines to launch direct flights between Seattle and Beijing
By Business Daily | Apr 24, 2024
Flying Food Group SEA has unveiled a partnership with Hainan Airlines to facilitate direct flights between Seattle-Tacoma International Airport and Beijing Capital International Airport. The service, which commenced this month, operates thrice weekly.
By Business Daily | Apr 24, 2024
Progressive Corp.'s personal lines business has reported a combined ratio of 84.5% in the first quarter, significantly below management's 96% target and marking the lowest such result for the segment in a first quarter since 2004. This follows an unexpected downturn in underwriting results from March 2023, which led Progressive to reduce its expansion pace, including cutting back on advertising expenditure.
By J. D. Suayan | Apr 24, 2024
Nationwide, a leading provider of pet insurance, has conducted an analysis of its database to identify the most common medical conditions that prompt veterinary visits. The company's database comprises more than 1.2 million insured pets, and the study was aimed at helping pet owners understand and prepare for the costs associated with these common conditions.