Company

Allianz CFO: Company Taking Conservative Approach in Reserving for Business Interrruption

1 minute ago   |   A.M. Best   |   4 articles

Allianz S.E. Chief Financial Officer Giulio Terzariol said the COVID-19 pandemic hit several segments of the company, including property/casualty and life/health. Total...
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Call for Nominations: The 2020 Hoteliers' Choice Awards for Environmental Good

Call for Nominations: The 2020 Hoteliers' Choice Awards for Environmental Good

5 minutes ago   |   Hotel News Resource

Starfleet Media, an Ecologi member company, has announced that its hospitality industry publications are now accepting nominations for the “2020 Hoteliers' Choice Award for...
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Black Hat, the 'security summer camp' for the tech industry, is holding its first-ever online conference - highlighting just how much cybersecurity has changed in the pandemic

Black Hat, the 'security summer camp' for the tech industry, is holding its first-ever online conference - highlighting just how much cybersecurity has changed in the pandemic

13 minutes ago   |   Business Insider

The Black Hat cybersecurity conference, sometimes called "security summer camp," opens Wednesday for its first remote gathering. The cybersecurity industry last came together...
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Stanford business school graduates knew their classmates would soon found great startups, and they created a unique club to invest in them. The result is a $1.5 million fund bound by loyalty, community, and democracy

Stanford business school graduates knew their classmates would soon found great startups, and they created a unique club to invest in them. The result is a $1.5 million fund bound by loyalty, community, and democracy

31 minutes ago   |   Business Insider   |   3 articles

A group of students at Stanford's Graduate School of Business wanted to find a way to collectively invest in startups founded by their classmates. So they created an investment...
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Facebook Must Better Police Online Hate, State Attorneys General Say

37 minutes ago   |   NY Times

The call from 20 state officials adds to the rising pressure facing Mark Zuckerberg and his company.
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Royal Caribbean, Carnival, Disney, and dozens of other cruise lines won't sail out of the US until at least October 31

Royal Caribbean, Carnival, Disney, and dozens of other cruise lines won't sail out of the US until at least October 31

45 minutes ago   |   Business Insider   |   2 articles

An industry group of roughly 60 cruise lines announced on Wednesday that they won't sail from US ports until October 31 at the earliest. This extension from an earlier...
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Walmart is turning parking lots in 26 states into drive-in movie theaters. Here's how to get tickets

Walmart is turning parking lots in 26 states into drive-in movie theaters. Here's how to get tickets

45 minutes ago   |   Business Insider

Walmart is launching drive-in movie theatres in 26 states from August 14 through October. Movies that will be shown include Friday Night Lights; The Karate Kid; Space Jam...
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Samsung's new foldable smartphone promises an improved display and hinge - preorders begin on September 1

Samsung's new foldable smartphone promises an improved display and hinge - preorders begin on September 1

45 minutes ago   |   Business Insider

Samsung's new Galaxy Z Fold 2 will be available for preorder starting September 1. The company's second-generation flagship foldable smartphone features several upgrades over...
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Go public now while software valuations make no sense

Go public now while software valuations make no sense

49 minutes ago   |   Tech Crunch

Software valuations are bonkers, which means it's a great time to go public. Asana, Monday.com, Wrike and every other gosh darn software company that is putting it off, pay...
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Before-and-after images from space reveal the devastation in Beirut wrought by 2,750 tons of exploding fertilizer

Before-and-after images from space reveal the devastation in Beirut wrought by 2,750 tons of exploding fertilizer

57 minutes ago   |   Business Insider   |   2 articles

Beirut, the capital city of Lebanon, suffered a catastrophic explosion at its port on Tuesday. Authorities believe the blast was caused by the ignition of 2,750 tons of...
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A Singaporean tech stock has skyrocketed a world-beating 1,100% since the...

A Singaporean tech stock has skyrocketed a world-beating 1,100% since the start of 2019

Singaporean tech giant Sea's stock has ballooned more than 1,100% since the start of 2019. The astounding gain has raised its market capitalization from about $5 billion to $64... Read more ...

Square surges 16% after reporting quarterly earnings showing a 64% jump in...

Square surges 16% after reporting quarterly earnings showing a 64% jump in revenue

Square released its second quarter earnings results on Tuesday, a day early, after Bloomberg News reported the numbers. The company reported a 64% jump in revenue and a 167%... Read more ...

The Galaxy Tab S7 will bring 5G to Samsung's tablet line

The Galaxy Tab S7 will bring 5G to Samsung's tablet line

Samsung's going all in on 5G. The company was an early adopter for the next-gen wireless technology and has just offered it across the newly announce Galaxy Note 20. Turns out... Read more ...

Consumer spending could regress in the coming months as monthly personal...

Consumer spending could regress in the coming months as monthly personal income growth falls

US consumer spending improved on a monthly basis in May and June, but personal income could plunge as government programs end. And a drop in consumer spending and personal... Read more ...

Royal Caribbean, Carnival, Disney, and dozens of other cruise lines won't...

Royal Caribbean, Carnival, Disney, and dozens of other cruise lines won't sail out of the US until at least October 31

An industry group of roughly 60 cruise lines announced on Wednesday that they won't sail from US ports until October 31 at the earliest. This extension from an earlier... Read more ...

ISM Services Index increased to 58.1% in July, Employment Index Declined

ISM Services Index increased to 58.1% in July, Employment Index Declined

The July ISM Services index was at 58.1%, up from 57.1% in June. The employment index decreased to 42.1%, from 43.1%. Note: Above 50 indicates expansion, below 50... Read more ...

US companies added 167,000 in July, badly missing economist forecasts, ADP says

US companies added 167,000 in July, badly missing economist forecasts, ADP says

US private payrolls rose 167,000 in July, a Wednesday report from ADP showed . Economists had expected that private payrolls would rise by 1.2 million in July. The report is a... Read more ...

The US just struck a deal for 100 million doses of a coronavirus vaccine...

The US just struck a deal for 100 million doses of a coronavirus vaccine from Johnson & Johnson

Johnson & Johnson have entered into an agreement with the U.S. government to provide 100 million doses of its experimental coronavirus vaccine, with the option of 200 million... Read more ...

'Nothing Feels Tangible': Virtual Is New Reality For Grads Starting New Jobs

'Nothing Feels Tangible': Virtual Is New Reality For Grads Starting New Jobs

Job postings for entry-level positions popular with new college grads fell by 73%, compared with before COVID-19 hit. And for the class of 2020 who have landed jobs it's often... Read more ...

Oil jumps 4% to the highest in 5 months after the EIA reports an inventory drop

Oil jumps 4% to the highest in 5 months after the EIA reports an inventory drop

Oil prices rose Wednesday to the highest level since March after the Energy Information Administration reported that crude inventories fell last week by 7.4 million, more than... Read more ...