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Search resuls for: "Edward Stone"


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Edward C. Stone, the visionary physicist who dispatched NASA’s Voyager spacecraft to run rings around our solar system’s outer planets and, for the first time, to venture beyond to unravel interstellar mysteries, died on Sunday at his home in Pasadena, Calif. His death was confirmed by his daughter Susan C. Stone. Inspired by the launch of the Soviet satellite Sputnik in 1957, while he was a college student, Dr. Stone went on to oversee the Voyager missions 20 years later for the Jet Propulsion Laboratory, which the California Institute of Technology manages for NASA. Twin spacecraft, Voyager 1 and Voyager 2 were launched separately in the summer of 1977 from Cape Canaveral, Fla. Almost five decades later, they are continuing their journeys deep into space and still collecting data.
Persons: Edward C, NASA’s, Susan C, Stone Organizations: Soviet, Jet Propulsion Laboratory, California Institute of Technology, NASA Locations: Pasadena , Calif, Cape Canaveral, Fla
A negative IMR forces insurers to tap pots of money they would have otherwise spent on their business or returned to shareholders. Among those insurers are Prudential Financial (PRU.N), OneAmerica Financial Partners, Principal Financial (PFG.O) and Massachusetts Mutual Life Insurance Company, according to Fitch. That compares to $1.8 billion in net fixed income-related losses Prudential recorded in 2022. They do not give banks the option of deferring interest rate-related losses, fearing excesses that led to the 2008 financial crisis. DEFERRING LOSSESFollowing the rule change, insurers will be allowed to amortize interest rate-related losses over time equivalent to 10% of their statutory surplus.
Persons: Dado Ruvic, Fitch, Edward Stone, Stone, Ken Tanji, MassMutual, OneAmerica, Steven Zabel, Zabel, Koh Gui Qing, David French, Greg Roumeliotis, Anna Driver Organizations: Prudential Financial, REUTERS, SEATTLE, Sunday, National Association of Insurance, Reuters, Federal Reserve, OneAmerica Financial Partners, Massachusetts Mutual Life Insurance, Prudential, Silicon Valley Bank, First Republic Bank, Insurance, American Council of, Equitable Holdings, MetLife, U.S . Securities, Exchange Commission, SEC, MassMutual, OneAmerica, Financial, Unum, Thomson Locations: United States, U.S, Seattle, Fitch, Silicon, New York
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