Monthly Archives: <span>August 2024</span>

Trump Pitches $3 Billion in Condos at Miami-Area Golf Course

Donald Trump wants to sell more high-end condos in the US, this time using a famously difficult Florida golf course as a draw. The former president’s family business is seeking to build residences and retail inside the Trump National Doral …

Update: Taiwan’s CTBC Financial Plans to Buy Rival Shin Kong

Taiwan’s CTBC Financial Holding Co. said it plans to buy smaller rival Shin Kong Financial Holding Co., a move that could form the island’s largest financial conglomerate. Amid speculation swirling of a takeover, the Taipei-based firm announced it will file …

Storms Threaten Mediterranean From Sicily to Ionian Sea Islands

Thunderstorms are forecast across the Mediterranean from Corfu to Sicily, where a luxury yacht sank off the coast on Monday after being struck by a waterspout, a form of tornado. Orange storms alerts are in place for a swath of …

Medicare Prescription Drug Costs: Strategies for Managing Expenses

This post is part of a series sponsored by Trucordia. Trucordia Senior Benefits Practice Leader, Jason Milz, shares how partnering with a licensed insurance agent helps you effectively manage and reduce your prescription drug costs for 2024. For seniors, Medicare …

The U.S. Property & Casualty Crisis: How It’s Going for Insurers and the States They’ve Left

This post is part of a series sponsored by AgentSync. America’s home insurance crisis By now, if you haven’t heard about insurance companies (large and small) and their max exodus from the most risky states, you may have been living …

Morgan Stanley’s and Hiscox’s Bloomer Among Those Missing After Yacht Sinks

Morgan Stanley International chairman Jonathan Bloomer is among those missing, along with UK tech entrepreneur Mike Lynch, as Italian authorities continue to search the wreckage of the luxury yacht that sank during a storm off the coast of Sicily. Specialist …

The Era of Runaway Heat Records Is Here

Las Vegas set a heat record of 117 degrees Fahrenheit (47.2C) in 1942, and for 82 years no weather system could budge it. Thermometers registered the same temperature four more times, all since 2005, without setting a new high. Then …

T-Mobile Fined $60 Million Over Unauthorized Data Access

A powerful U.S. committee that scrutinizes foreign investment for national security risks fined T-Mobile $60 million, its largest penalty ever, for failing to prevent and report unauthorized access to sensitive data, senior U.S. officials said on Wednesday. The penalty imposed …

Pilgrim’s Pride Agrees to $100M Settlement Over Chicken Farmers’ Pay

Pilgrim’s Pride, one of the largest U.S. poultry processors, agreed to pay $100 million to settle claims it conspired with rivals to underpay chicken farmers, the final and by far the largest settlement in the seven-year-old antitrust case. A preliminary …

US State AGs Seek Treble Damages Against Live Nation for Concertgoers

Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in …