News from 2024
By IBM | Feb 15, 2024
IBM announced IBM® LinuxONE 4 Express, extending the latest performance, security and AI capabilities of LinuxONE to small and medium sized businesses and within new data center environments.
By Business Daily | Feb 15, 2024
The Information Technology Industry Council (ITIC) has confirmed its membership in the newly formed U.S. AI Safety Institute Consortium. The Consortium is a pioneering collective dedicated to fostering the development of artificial intelligence (AI) in a secure and responsible manner.
By Business Daily | Feb 15, 2024
Robert Bork Jr., president of the Antitrust Education Project, stated that the National Collegiate Athletics Association’s (NCAA) attempts to impose restrictions and penalties on the ability of student athletes to compete and earn are "unfair." The NCAA is currently grappling with legal challenges in the form of two multi-state lawsuits over their policies related to student athlete’s name, image, and likeness (NIL).
By Business Daily | Feb 15, 2024
Gas prices in the United States have experienced a sudden surge, with the national average for pump prices increasing by 12 cents in just one week. This rise comes after months of relatively stable prices, prompting concerns among consumers. One of the primary factors contributing to this sudden increase is the shutdown of the BP-Whiting refinery in Indiana. The refinery, which processes 435,000 barrels of crude oil per day, has been offline for over two weeks due to a power outage. As a result, prices in the Midwest region have skyrocketed, subsequently pushing the...
By Business Daily | Feb 15, 2024
Recent research conducted by AAA examined the performance of reverse automatic emergency braking (AEB) systems in four popular 2023 model-year vehicles equipped with rear cross-traffic mitigation. The study aimed to assess the effectiveness of these systems in preventing collisions while backing out of a parking space and encountering a stationary child pedestrian.In the backing-up scenarios, the reverse AEB systems automatically applied brakes in 65% of test runs and prevented a collision in 2.5% of test runs when a subject vehicle crossed behind the test vehicle. When a...
By Business Daily | Feb 15, 2024
The Allstate Corporation has revealed that it experienced estimated catastrophe losses of $276 million in the month of January 2024. After-tax, these losses amounted to $218 million. The majority of these losses were driven by two events, which accounted for approximately 80% of the total losses. However, these losses were partially offset by favorable reserve reestimates for previous events.In light of these losses, Allstate continues to pursue rate increases in order to improve profitability in its auto insurance sector and keep up with loss cost trends. Jess Merten,...
By Business Daily | Feb 15, 2024
Las Vegas, Feb 15, 2024 - Amidst the excitement of the recent Super Bowl between the Kansas City Chiefs and the San Francisco 49ers, a group of 32 NFL players took time out of their busy schedules to make a lasting impact on the lives of some fortunate children. The players, all nominees for the prestigious Walter Payton NFL Man of the Year award, visited the Donald W Reynolds Boys and Girls Club in Las Vegas, providing an unforgettable afternoon for the young attendees.The Walter Payton NFL Man of the Year award recognizes players who have made significant contributions...
By Nick Clegg | Feb 14, 2024
As a company that’s been at the cutting edge of AI development for more than a decade, it’s been hugely encouraging to witness the explosion of creativity from people using our new generative AI tools, like our Meta AI image generator which helps people create pictures with simple text prompts.
By Business Daily | Feb 14, 2024
The latest report from the U.S. Bureau of Labor Statistics (BLS) reveals that auto insurance costs have surged by 20.6% over the past year, significantly outpacing the overall inflation rate of 3.1% during the same period. Studies indicate that in California, low-income and nonwhite households are disproportionately affected by inflation.
By Business Daily | Feb 14, 2024
A recent survey conducted by Nationwide reveals that many homeowners are unaware of the potential financial burden they may face when it comes to service line damage. Contrary to popular belief, utility companies are not always responsible for the repair of service lines that run into homes. This means that homeowners may be left to foot the bill for repairs if these lines are damaged or break.According to the survey, 32% of homeowners mistakenly believe that service line coverage is included in their standard home insurance policy. However, this coverage is not...
By Business Daily | Feb 14, 2024
Nationwide has announced a partnership with the Columbus Fury, a member club of the new Pro Volleyball Federation, to sponsor the team's inaugural season. Ramon Jones, Executive Vice President and Chief Marketing Officer for Nationwide, expressed the company's excitement about the collaboration, stating, "The introduction of the Columbus Fury is an exciting addition to Columbus’ sports scene, and Nationwide is happy to be part of this milestone moment for women’s professional volleyball."Dr. David Paitson, CEO of the Columbus Fury, also shared his enthusiasm about the...
By Business Daily | Feb 14, 2024
NORTHBROOK, Ill., Feb. 14, 2024 – The Allstate Corporation (NYSE: ALL) has announced that Jess Merten, the company's Chief Financial Officer, will be presenting at the Raymond James Annual Institutional Investors Conference on Monday, March 4. The presentation is scheduled to take place at 7:40 a.m. Central time.This conference is an important event for institutional investors, and Allstate's participation underscores the company's commitment to keeping its stakeholders informed about its financial performance and strategic direction. The presentation by Jess Merten will...
By Business Daily | Feb 14, 2024
Nationwide's universal life website has been recognized for providing the best customer experience by DALBAR, a leading authority in the field. The company's website received the prestigious DALBAR Communications Seal of Excellence, making it the sole recipient of this designation.Scoring an impressive 82.04, Nationwide's website ranked first overall, surpassing the industry average score of 68.95 by a significant margin. It outperformed 20 other competitors in categories such as functionality and behavior centric features.Holly Snyder, president of Nationwide's Life...
By Sumit Chauhan | Feb 13, 2024
Over the past year, generative AI has seen tremendous growth in popularity and is increasingly being adopted by people and organizations.
By Business Daily | Feb 13, 2024
Nationwide, the largest U.S. provider of pet health insurance, has introduced a new way for pet parents to connect with their beloved furry friends through the Pet HealthZone. Dr. Jules Benson, Nationwide's Chief Veterinary Officer and Vice President of Pet Health, emphasizes the importance of the Pet HealthZone in strengthening the bond between pets and their owners: "One way to return our pets’ unconditional love is by ensuring we are the best pet parents we can be."The Pet HealthZone now offers detailed profiles of 11 cat breeds and over 100 dog breeds, including...
By Business Daily | Feb 12, 2024
Bank of America has reported that over 450 corporate and commercial clients have enrolled in its Employee Banking & Investing (EBI) program. These clients, which span a range of industries across the country, are extending the benefits of this Bank of America initiative to their employees.
By Business Daily | Feb 12, 2024
At the Foundation for the Restoration of America (FFROA), we believe the best way to preserve the timeless lessons of our nation’s past is by inspiring the next generation to treasure America’s founding documents. An educated public armed with an intimate knowledge of the Constitution and Declaration of Independence is, was, and will remain the surest guarantor of liberty. We’ve known this since at least 1776—yet today’s youth are unaware of just how precious that freedom really is.
By Business Daily | Feb 11, 2024
Healthcare organizations across the United States are increasingly adopting Oracle's fusion cloud applications to enhance the functionality and efficiency of their operations. Among these organizations are Baptist Health Care, Springfield Clinic, Stamford Health, and the University of Chicago Medicine, with implementations spanning Florida, Connecticut, and Illinois.
By Business Daily Report | Feb 9, 2024
Japan Airlines began its inaugural route for the Airbus A350-1000 connecting Tokyo Haneda to New York JFK on January 24, 2024.
By Business Daily | Feb 9, 2024
In a heartwarming ceremony leading up to Super Bowl LVIII, Pittsburgh Steelers defensive tackle Cameron Heyward was announced as the 2023 Walter Payton NFL Man of the Year presented by Nationwide. This prestigious award, named in memory of the beloved Chicago Bears running back, "Sweetness," recognizes an NFL player who excels not only on the field but also in serving their community.Heyward becomes the fifth Steelers player to receive this honor, joining the ranks of legends such as Franco Harris, Joe Green, Lynn Swann, and Jerome Bettis. He has truly become a pillar of...