Insurers Must Pay off Insurance Claims Quickly
2021-01-28 03:04:12 UTC
LONDON (Reuters) - Insurers face enforcement action if they don’t pay up as soon as possible on business insurance claims following a landmark court ruling, Britain’s Financial Conduct Authority said on Friday.
The Supreme Court earlier this month ruled that many business insurance policies sh...
A New Social Media Platform With Incredible Features
2021-01-10 19:02:05 UTC
<p><a href="https://glogat.com/signup" rel="noopener noreferrer" target="_blank"><strong>Glogat is a free social media platform</strong></a> that not only offers a way to stay connected globally, but also provides a number of useful features, such as blogging, video calls, livestreaming and secti...
U.S. Govt Accuses Facebook of Abusing Its Market Power to Crush Competitors
2020-12-09 23:53:02 UTC
WASHINGTON (AP) — The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging se...
$500M Aid for Small Businesses
2020-12-06 00:07:12 UTC
SACRAMENTO, Calif. (AP) — California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday.
The tax measures include a three-month automatic extension of the income tax payment d...
What To Do Immediately After A Car Accident
2020-12-06 20:11:47 UTC
Car accidents, even just fender benders, are an unfortunate fact of life. Even though fewer cars are on the road during the pandemic—16% fewer according to Zendrive, a smartphone-based driving analytics app provider—drivers might be more distracted. Phone use while driving was up 38% after lockdo...
Filing an Auto Insurance Claim
2021-01-28 00:37:28 UTC
Even the most cautious and experienced drivers can find themselves shaken up on the side of the road, assessing damage after an accident. So if you ever have to file an auto insurance claim, it’s useful to understand how the process works.
Before you submit a claim, it’s good to know informati...
Car Insurance with OnStar Vehicle Data
2020-12-02 00:34:36 UTC
<h2>Find the best cheap car insurance</h2>
Nov 18 (Reuters) - General Motors Co on Wednesday launched an auto insurance program with the help of its OnStar subsidiary, joining a growing field of companies hoping to cash in on the vast amounts of data generated by increasingly automated and con...
Palm Oil: Consuming Sweat and Blood
2020-09-25 02:21:38 UTC
PENINSULAR MALAYSIA (AP) — Jum’s words tumble out over the phone, his voice growing ever more frantic.
Between sobs, he says he’s trapped on a Malaysian plantation run by government-owned Felda, one of the world’s largest palm oil companies. His boss confiscated and then lost his Indonesian pa...
IMF: Global Economy Has Entered Recession, Worse Than 2008 Downturn
2020-03-27 23:26:50 UTC
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was forecasting a recove...
3.3 Million Americans Filed for Unemployment Aid in A Single Week
2020-03-27 00:45:33 UTC
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
The surge in weekly applications was a stunning reflection of the damage the viral out...
U.S. Auto Sales Plummet 80 Percent
2020-03-26 04:24:17 UTC
(Reuters) - Vehicle sales in U.S. states that implemented lockdown orders to curb the spread of the coronavirus will drop 80% or more, analysts said on Wednesday.
Auto retail sales through the week of March 22 declined 22% nationwide on a yearly basis and as much as 40% in some cities on the ...
Asian Markets Opened Sharply Higher
2020-03-25 03:14:56 UTC
NEW YORK (AP) — Shares opened sharply higher in Asia on Wednesday after the Dow Jones Industrial Average surged to its best day since 1933 with Congress and the White House nearing a deal on injecting nearly $2 trillion of aid into an economy ravaged by the coronavirus.
Japan’s Nikkei 225 inde...
The Latest Developments in Coronavirus Outbreak
2020-03-22 18:54:16 UTC
(Reuters) - As coronavirus cases ballooned in Europe, several countries imposed or planned new restrictions to try to curb the spread. Britain told panic-buyers to calm down. California and three other U.S. states directed tens of millions of people to stay at home.
Dow Ends Week With a 17.3% Loss
2020-03-21 00:53:35 UTC
<p>Wall Street ended the week the same way it began: in full retreat from the coronavirus.</p><p>Stocks fell sharply and the price of oil sank Friday as federal and state governments moved to shut down bigger and bigger swaths of the nation’s economy in the hope of limiting the spread of th...
Dow Erases All Its Gains Since Trump’s Inauguration
2020-03-18 23:34:43 UTC
NEW YORK (AP) — Stocks tumbled more than 5% on Wall Street Wednesday, and the Dow erased virtually all its gains since President Donald Trump’s 2017 inauguration. Even prices for investments seen as safe during downturns fell as the coronavirus outbreak chokes the economy and investors rush to ra...
Global Stocks Fall Sharply as Virus Cases Spread Around the World
2020-03-16 20:33:23 UTC
NEW YORK (AP) — Stocks fell sharply around the world Monday as the coronavirus forced huge swaths of the economy to the edge of a standstill, from parked airplanes to the nearly empty restaurant around the corner.
The Dow industrials took a 2,999-point nosedive on Monday as fears deepen that ...
Microsoft Co-Founder Bill Gates Is Stepping Down From Company’s Board to Focus on Philanthropy
2020-03-14 22:02:26 UTC
<p>REDMOND, Wash. (AP) — Microsoft co-founder Bill Gates said Friday he is stepping down from the company’s board to focus on <a href="https://apnews.com/b1279711ee234b3ab3916d292d262643">philanthropy.</a></p><p>Gates was Microsoft’s CEO until 2000 and since then has gradually s...
Global Shares Plunge: Worst Day Since '87
2020-03-13 02:06:33 UTC
<p>NEW YORK (AP) — Shares have plunged in Asia, with Japan’s benchmark sinking 10% after Wall Street suffered its biggest drop since the Black Monday crash of 1987. </p><p>Markets worldwide have retreated as fears of economic fallout from the coronavirus crisis deepen and the mel...
Nothing Can Pull Markets Out From Undertow
2020-03-06 20:41:47 UTC
<p>NEW YORK (AP) — Stocks kept falling Friday, and bond yields took more breathtaking drops as a brutal, dizzying couple weeks of trading showed no sign of letting up. </p><p>Even a better-than-expected <a href="https://apnews.com/1d187742ff0d4a44bf235fd00c665fb7">report on U.S. jobs</...
No-Deal Brexit Would Cause Severe Damage to UK
2019-07-29 03:42:16 UTC
A no-deal Brexit would cause “severe” damage to UK businesses, according to the Confederation of British Industry (CBI).
Carolyn Fairbairn, director general of the lobby group, told BBC that quitting the EU without an agreement should be an option “that is not even considered”. Claims that fir...
EU, South American Bloc Mercosur Announce World's Largest Free Trade Deal
2019-06-29 01:15:31 UTC
BRUSSELS (Reuters) - The European Union and South American bloc Mercosur agreed a free-trade treaty on Friday, concluding two decades of talks and committing to more open markets in the face of a rising tide of protectionism.
The two regions launched negotiations exactly 20 years ago and inten...
Japan Eats Whale Despite Environmental Concerns
2019-06-24 04:59:19 UTC
MINAMIBOSO, Japan (Reuters) - Whale cutlets, sliced raw whale, deep-fried whale nuggets, whale bacon and whale jerky feature on the menu at the restaurant Yoko Ichihara runs - and that's just a small sample of the ways Japan eats whale.
Though Japan's government maintains that eating whale is ...
Euro Hits Three-Month High Against US Dollar
2019-06-24 04:00:44 UTC
TOKYO (Reuters) - The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve.
The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in ...
Hunt for Shoppers: Luxury Brands Raising Stakes on Instagram
2019-06-07 16:10:35 UTC
PARIS (Reuters) - Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers.
Without the entry barriers of magazine advertisi...
US Senators Seek to Block Trump Saudi Arms Sales
2019-06-05 21:52:21 UTC
WASHINGTON (Reuters) - Republican and Democratic U.S. senators said on Wednesday they would introduce legislation to block President Donald Trump’s plan for $8 billion in military sales to Saudi Arabia and the United Arab Emirates without congressional review.
Backers said the introduction of ...