INS
- ECONOMY
Arthur J. Gallagher Is in Talks to Buy Aon, Willis Assets
(Bloomberg) — Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon…
Read More » - ECONOMY
Climate Adaptation Should Be a Public Good, Not an Asset Class
In the run up to the 2020 U.S. election, a meme started making the rounds on Twitter. “Transport is climate policy,”…
Read More » - ECONOMY
Collective Health Valued at $1.5 Billion After Funding Infusion
(Bloomberg) — Startup Collective Health has reached a valuation of about $1.5 billion after raising $280 million in new funding in…
Read More » - ECONOMY
Warren Buffett Touted America. Too Bad He Didn’t Buy.
(Bloomberg Opinion) — Warren Buffett is feeling much better since “the economy went off a cliff” last March. He admits…
Read More » - ECONOMY
Costco Brings Its Low-Price Magic to Employer-Paid Drug Plans
(Bloomberg Businessweek) — Large American retailers have long viewed health care as a potentially lucrative avenue to expand their businesses.…
Read More » - ECONOMY
Weather’s New Normal Reveals ‘Fingerprints of Climate Change’
(Bloomberg) — The U.S. is about to officially establish a new normal for its weather, and it has the “fingerprints…
Read More » - ECONOMY
Shock Veto of Billion-Dollar Hungary Deal Sparks Dutch Complaint
(Bloomberg) — The Dutch government has raised concerns with Hungarian officials after a decision in Budapest to block the sale…
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Women’s Digital Health Startups Reap Record VC Funding on Covid Surge
(Bloomberg) — Once considered too niche or risky by the venture capital community, women’s health startups have seen a surge…
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UN Summit to Seek Support From Bankers to Stem Biodiversity Loss
(Bloomberg) — Organizers of a United Nations summit where world leaders will seek to negotiate an accord for nature akin…
Read More » - ECONOMY
Atlantic Faces Another Wild Hurricane Season After Record 2020
(Bloomberg) — The Atlantic hurricane season is poised to be another wild one, with forecasters predicting an above-average 17 named…
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Billionaire-Owned Lab Network Mulls Price Cut in Brazil Offering
(Bloomberg) — Diagnosticos da America SA, a health-care firm owned by Brazil’s billionaire Bueno family, has signaled to investors it’s…
Read More » - ECONOMY
U.S. Climate Groups Call on Kerry to Shut Off Wall Street Funds
(Bloomberg) — Climate groups are calling on John Kerry to shut off the flow of money from Wall Street to…
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Tornado Threat Rises Across South as Thunderstorms Sweep U.S.
(Bloomberg) — Tornadoes, hail and severe thunderstorms are likely to rip across the U.S. South on Thursday, with more than…
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The U.S. Unemployment System Is Plagued by $63 Billion in Fraud and Dysfunction
(Bloomberg Businessweek) — President Biden’s $1.9 trillion economic stimulus package will send billions of dollars to America’s jobless. It’s also…
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Resorts Promise Free Stays, Private Flights to Covid-Wary Guests
(Bloomberg) — On Jan. 12, the Centers for Disease Control and Prevention announced a new requirement that air travelers arriving in the…
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Buffett Opposes Climate Proposal, Pays $19 Million to Jain, Abel
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. is opposing two shareholder proposals related to climate change and diversity, citing the…
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Goldman CEO’s Year of Empty Offices, Island Getaways and Strife
(Bloomberg) — The Goldman Sachs Gulfstream descended into the sun-kissed Bahamas that Friday with a familiar passenger aboard: David Solomon.…
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Hurricane-Stoking La Nina Could Make a Comeback After Fading
(Bloomberg) — The La Nina climate pattern that egged on a record 2020 Atlantic hurricane season and left the western…
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Biden Stimulus Faces Lengthy Final Gauntlet of Senate Votes
(Bloomberg) — Senate Democrats face a gauntlet of Republican attempts to rein in President Joe Biden’s $1.9 trillion stimulus package…
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Here’s What’s in the Senate’s $1.9 Trillion Stimulus Legislation
(Bloomberg) — Senate Democrats on Thursday released an updated version of the $1.9 trillion stimulus plan that Majority Leader Chuck…
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U.S. Senate Votes to Take Up $1.9 Trillion Pandemic Relief Bill
(Bloomberg) — The U.S. Senate voted to take up a $1.9 trillion pandemic relief bill backed by President Joe Biden,…
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Security Guards Face the Hazardous Job of Enforcing Covid Rules
(Bloomberg Businessweek) — One Sunday last May, Karmen Kolda arrived early for his 11 a.m. shift as a security guard…
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Now Could Be Buffett’s Moment to Lend America a Hand
(Bloomberg Opinion) — From a new presidential slogan of “Build Back Better” to an economy strained by supply chain problems…
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Buffett’s Letter to Break Months of Silence Amid Tumult in U.S.
(Bloomberg) — While 2020 raged, Warren Buffett mostly held his tongue. He stayed quiet through a heated presidential election, a…
Read More » - ECONOMY
Texas Deep Freeze Could Cost $90 Billion in Losses, Modeler Says
(Bloomberg) — Texas’s deep freeze and power outages last week could cost as much as $90 billion in losses, and…
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The Worst of Winter Has Passed With the U.S. Entering Spring
(Bloomberg) — The bitter chill that toppled Texas’s power grid and broke records across the Great Plains has retreated and…
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‘Portfolio Warming’ Is the New Climate Anxiety for Fund Managers
(Bloomberg) — All good money managers expect to outperform their benchmark, and by one such metric the French insurer and…
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Trump Taxes, Long Guarded, Will Soon Be in Prosecutor’s Hands
(Bloomberg) — Donald Trump, who managed to keep his tax returns a secret the entire time he was in the…
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The Gig Economy Is Coming for Millions of American Jobs
(Bloomberg Businessweek) — The tower of aging Manila envelopes, stacked in a corner of Rome Aloise’s cluttered Bay Area home…
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New York Sees Moderate Snow Through Friday From Latest Storm
(Bloomberg) — A meandering storm will leave New York and the Northeast with up to 8 inches (20 centimeters) of…
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