Here Are Facts About Life Insurance
2021-01-28 03:03:24 UTC
Life insurance is usually last on the list of important-but-necessary items people want to spend money on, because, let’s face it, no one wants to dwell on the circumstances in which it could come in handy. Now, in the wake of the Great Recession, people have even less insurance than before, which leaves families unprepared to cope wit...
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 should cover losses caused by coronavirus ...
Wall Street Is Paying Attention to Reddit
2021-01-27 23:06:28 UTC
(Reuters) - Dennis Dick, a professional stock trader in Las Vegas, reads the site Seeking Alpha before work and keeps up to the minute throughout the trading day by watching Twitter, but last weekend he also joined a group on the popular online discussion board Reddit “because I need to know what’s going on.”
“I joined it to be able...
Stock Trading on Social Media: Reddit’s “Wallstreetbets” Drives Giant Hedge Funds to Heavy Losses
2021-01-27 23:06:52 UTC
(Reuters) - Retail traders scored against professionals on Wednesday as hedge funds Citron and Melvin retreated with heavy losses on short positions in GameStop in the week-long battle between Wall Street and Main Street, with more calling for scrutiny of anonymous stock trading posts on social media.
Funds sold long positions in st...
Robert Reich: It Is Time To End The Filibuster
2021-01-27 00:15:31 UTC
Berkeley, California — Making progress on Joe Biden's agenda or anything more Progressive, now requires a super majority of 60 votes in the Senate, because of an old Senate rule requiring that many votes to end debate and allow vote on a proposed law.
It's called the filibuster and it's not in the Constitution. In fact the filibuste...
Judge Approves Weinstein Plan that Provides $35M for Creditors
2021-01-26 17:46:39 UTC
DOVER, Del. (AP) — A Delaware judge has approved a revised Weinstein Co. bankruptcy plan that provides about $35 million for creditors, with roughly half that amount going to women who have accused disgraced film mogul Harvey Weinstein of sexual misconduct.
The judge approved the plan after a hearing Monday, overruling objections by...
UK Coronavirus Death Toll Surpasses 100,000
2021-01-26 17:47:02 UTC
LONDON (AP) — For nine months, Gordon Bonner has been in the “hinterlands of despair and desolation” after losing his wife of 63 years to the coronavirus pandemic that has now taken the lives of more than 100,000 people in the United Kingdom.
Only recently did Bonner think he might be able to move on — after sensing the spirit of hi...
Merkel Says “There Is Simply a Much Broader Political Overlap With President Biden”
2021-01-26 07:11:04 UTC
BERLIN (AP) — German Chancellor Angela Merkel said Thursday that she isn’t abandoning a German-Russian gas pipeline project that faces U.S. sanctions, but wants to talk to the new administration about the issue.
The Nord Stream 2 pipeline, which would bring Russian gas to Germany under the Baltic Sea, faces bipartisan opposition in ...
Merkel Invites Biden to Germany for Visit
2021-01-26 07:08:12 UTC
German Chancellor Angela Merkel invited US President Joe Biden to visit Germany as soon as the pandemic situation allowed.
Biden told Merkel on Monday that he is looking to revitalize the transatlantic alliance with Germany, a relationship that became strained under former President Donald Trump.
The new president has made a seri...
Mitch McConnell Backs Off on Filibuster Demand
2021-01-26 07:11:31 UTC
(Reuters) - Mitch McConnell, the U.S. Senate Republican leader, said on Monday he would agree to a power-sharing agreement with Democrats, dropping demands that had held up the basic organization and daily work of the 50-50 chamber for days.
Democrat Chuck Schumer, now the majority leader thanks to Vice President Kamala Harris’ tie-...
House Send Impeachment Case Against Trump to Senate
2021-01-26 01:52:41 UTC
WASHINGTON (AP) — House Democrats delivered the impeachment case against Donald Trump to the Senate late Monday for the start of his historic trial, but Republican senators were easing off their criticism of the former president and shunning calls to convict him over the deadly siege at the U.S. Capitol.
It’s an early sign of Trump’...
Biden Pushes for 1.5m Vaccinations a Day
2021-01-26 01:51:35 UTC
WASHINGTON (AP) — President Joe Biden on Monday appeared to boost his goal for coronavirus vaccinations in his first 100 days in office, suggesting the nation could soon be injecting 1.5 million shots on an average per day.
Biden signaled his increasing bullishness on the pace of vaccinations after signing an executive order to boos...
India to Ban TikTok and 58 Other Chinese Apps
2021-01-25 22:13:03 UTC
(Reuters) - India’s ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media reported late on Monday.
When it first imposed the ban, the Indian government gave the 59 apps a chance to explain their position on compl...
Boeing 737 MAX to Fly in Europe: “Inappropriate, Dangerous”
2021-01-25 22:07:56 UTC
PARIS (Reuters) - Europe is set to lift a 22-month flight ban on the Boeing 737 MAX this week after reviewing submissions by industry experts and whistleblowers, angering relatives of some of the 346 crash victims, who say the move is premature.
A green light from the European Union Aviation Safety Agency (EASA) is a key step towards ...
Merkel, Biden Agree to Strengthen US-Europe Cooperation
2021-01-26 01:04:47 UTC
BERLIN (Reuters) - German Chancellor Angela Merkel and U.S. President Joe Biden agreed in a phone call on Monday that the COVID-19 pandemic and other global challenges can only be tackled through closer cooperation, a government spokesman in Berlin said on Monday.
Transatlantic relations cooled sharply under former President Donald ...
California Is Moving Forward With Limited Reopenings
2021-01-25 22:17:03 UTC
SACRAMENTO, Calif. (AP) — California lifted regional stay-at-home orders across the state Monday in response to improving coronavirus conditions, returning the state to a system of county-by-county restrictions.
The order had been in place in the San Francisco Bay Area, San Joaquin Valley and Southern California, covering the majori...
Veteran Broadcasting Giant Larry King Dead at 87
2021-01-25 22:21:21 UTC
LOS ANGELES (AP) — Larry King, the suspenders-sporting everyman whose broadcast interviews with world leaders, movie stars and ordinary Joes helped define American conversation for a half-century, died Saturday. He was 87.
King died at Cedars-Sinai Medical Center in Los Angeles, Ora Media, the studio and network he co-founded, tweet...
Life in Wuhan Return to Normal as World Still Battling to Defeat Coronavirus
2021-01-25 22:19:44 UTC
WUHAN, China (AP) — A year ago, a notice sent to smartphones in Wuhan at 2 a.m. announced the world’s first coronavirus lockdown that would last 76 days.
Early Saturday morning, residents in the central Chinese city where the virus was first detected were jogging and practicing tai chi in a fog-shrouded park beside the mighty Yangt...
Pelosi: Impeachment Article Against Donald Trump to Go to Senate on Monday
2021-01-25 22:19:05 UTC
WASHINGTON (AP) — House Speaker Nancy Pelosi said Friday that she will send the article of impeachment against Donald Trump to the Senate on Monday, triggering the start of the former president’s trial on a charge of incitement of insurrection over the deadly Capitol Jan. 6 riot.
Senate Democratic leader Chuck Schumer announced Pelo...
Jan. 6 Insurrection: Democrats Ask Ethics Panel to Investigate Cruz, Hawley
2021-01-22 04:36:50 UTC
WASHINGTON (AP) — Seven Democratic senators on Thursday asked the Senate Ethics Committee to investigate the actions of Republican Sens. Ted Cruz and Josh Hawley “to fully understand their role” in the Jan. 6 insurrection at the Capitol by supporters of former President Donald Trump.
Thousands had gathered that day as Congress voted...
Find Out How Life Insurance Can Protect Your Family
2021-01-28 00:24:08 UTC
<p>Did you know that 41 percent of all life insurance purchases are event-related? For many of us, life insurance never crosses our minds until we marry, or buy a house or start our own business. While the trigger events are varied, the need — life insurance — is the same. Here are five events that commonly increase a perso...
President Joe Biden Declares “Democracy Has Prevailed”
2021-01-21 02:52:24 UTC
WASHINGTON (AP) — Joe Biden was sworn in as the 46th president of the United States on Wednesday, declaring that “democracy has prevailed” and summoning American resilience and unity to confront the deeply divided nation’s historic confluence of crises.
Denouncing a national “uncivil war,” Biden took the oath at a U.S. Capitol that ...
A Nightmare Awaits Joe Biden’s Team
2021-01-20 21:43:31 UTC
SAN FRANCISCO (Reuters Breakingviews) - A nightmare awaits Joe Biden’s economic dream team. The pandemic has worsened structural problems: the poor have gotten poorer, marginalized people are losing jobs quicker, and the workforce is even further out of reach for the unemployed. The new U.S. president, who was sworn into office on Wedn...
Joe Biden Became 46th President of United States
2021-01-20 21:25:58 UTC
WASHINGTON (AP) — Joe Biden became the 46th President of the United States on Wednesday, declaring that “democracy has prevailed.” He swore the oath of office to take the helm of a deeply divided nation and inheriting a confluence of crises arguably greater than any faced by his predecessors.
Biden’s inauguration came at a time of n...
COVID-19: US Death Toll Eclipses 400,000
2021-01-20 17:22:50 UTC
As President Donald Trump entered the final year of his term last January, the U.S. recorded its first confirmed case of COVID-19. Not to worry, Trump insisted, his administration had the virus “totally under control.”
Now, in his final hours in office, after a year of presidential denials of reality and responsibility, the pandemic...