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☆ Yen wobbles, vulnerable to political reverberations
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: +4 min

Japanese yen banknotes of various denominations are arranged for a photograph in Tokyo, Japan, on July 22, 2015. The yen was last 0.1% lower at 152 per dollar and was looking at a 1.5% loss for the week. The yen has fallen roughly 5.5% for the month thus far, setting it up for its worst monthly decline since April 2022. Against the dollar, the euro last bought $1.08225, some distance away from its low of $1.076125 hit earlier this week. The dollar index last ticked up 0.04% to 104.09, after having scaled a roughly three-month high of 104.57 earlier in the week.

Persons: Ray Attrill, Katsunobu Kato, Janet Yellen, Donald Trump, Nick Rees, Sterling Organizations: of Japan's, Treasury, Liberal Democratic Party, LDP, National Australia Bank, country's Finance, FX, Monex, New Zealand Locations: Tokyo, Japan, Japanese, Germany —

☆ Bolt CEO changes RTO policy to 'stop the insanity of people working remotely from places like Bali.' Read the memo.
▼ + stars: | 2024-10-25 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +8 min

The CEO of European ride-hailing app Bolt is mandating workers return to the office 12 days a month. AdvertisementThe CEO of European mobility app Bolt didn't mince words earlier this month when calling workers back to the office. "We will stop the insanity of people working remotely from places like Bali," he said. "We believe that in-person collaboration drives innovation and performance, and our existing policy advises employees to work from a Bolt office for 2-3 days a week," a Bolt spokesperson said. "Starting from 1 January, this policy will be formalised with employees being asked to work from a Bolt office 12 days per month.

Persons: Markus Villig, Bolt, —, Villig, Elon Musk, flexibly, it'd, Read Organizations: Service, Business, Apple, Amazon, Sequoia Capital, Fidelity Management, Team, – Locations: Bali, Tallinn, Estonia, – Tallinn

☆ The power sector is 'transforming,' Morgan Stanley says, naming global stocks set to rise 40%
▼ + stars: | 2024-10-25 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

The electricity industry is transforming, according to Morgan Stanley, and multiple power producers, grid operators and utilities are set to benefit. "Global power markets have surprised on multiple fronts, and investors are navigating a new normal in the power value chain," they added. Morgan Stanley's analysts named three overweight-rated global stocks in the electricity sector which they give more than 40% potential upside. RWE RWE : Morgan Stanley notes that the German power giant, which generates and trades electricity, is exposed to "tight electricity markets rewarding flexibility + value creation in renewables in Europe & US." AES Corp. AES Corp.: Morgan Stanley highlighted the company's "expanding renewable portfolio" as a theme to watch.

Persons: Morgan Stanley, Morgan, RWE, — CNBC's Michael Bloom Organizations: Frankfurt Stock Exchange, American Depository, AES Corp, U.S, Global X FTSE, Asia, Malaysian Locations: Asia, Europe, U.S, Nasional Tenaga Nasional, Malaysian, Bursa Malaysia, Malaysia

If you’re in a similar situation, you can peruse my list of the best gifts for someone you don’t know. SKIP AHEAD The best gifts for someone you don’t know in 2024 | Why trust NBC Select? Stationery sets and notebooks are some of our go-to items when it comes to buying gifts for someone you don’t know. One of the best gifts I’ve ever received is this reusable water bottle from Hydro Flask. I’m an associate reporter covering skin care and hair care and frequently write about new products for NBC Select.

Persons: I’ve, ”, Rebecca Rodriguez, “ I’ve, I’m, Zoe Malin, Lindsay Schneider, Malin, “, that’s, terry, Frank Stella, Schneider, Goetz, They’re, Le Creuset, Le, Cory Fernandez, Mili Godio, wicks, Fernandez, TikTok Organizations: NBC, Le, Stationery, Nordstrom, Facebook, Twitter

☆ Billionaire investor David Einhorn says buying HP stock is a cheap way into the AI craze
▼ + stars: | 2024-10-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

David Einhorn said computer hardware maker HP could eventually benefit from AI. He said HP stock trading around 10x earnings looks "very reasonable." AdvertisementFamed hedge fund investor David Einhorn is eyeing a tech stock that could be an under-the-radar artificial intelligence play. One of these names is computer hardware firm HP, Einhorn told Bloomberg TV. The stock is trading 10 times earnings, pays a dividend yield of over 3%, and spends 100% of free cash flow paying shareholders, he said.

Persons: David Einhorn, —, Einhorn Organizations: HP, Service, Greenlight, Bloomberg, COVID, Robin Hood Investors Conference

But during that time, Netanyahu was soliciting input from Trump, the Republican nominee. Trump claimed during a rally in Georgia that Netanyahu had called him at least twice in recent days. Trump’s allies also privately played up the Netanyahu-Trump phone calls as demonstrating that Netanyahu is seriously eyeing the possibility of a Trump victory. Still, the Biden administration is publicly signaling it hopes to advance efforts to bring the hostages home and to end a war that is threatening to tarnish Biden’s foreign policy legacy. Both Qatar and Egypt have reengaged with the group, which has not publicly named a new leader.

Persons: Donald Trump, Benjamin Netanyahu, Yahya Sinwar, Netanyahu –, Biden, Antony Blinken, Netanyahu, Trump, “ Bibi, ” Trump, “ We’re, Joe Biden, Kamala Harris, “, Bibi, ”, Harris, stoke, Trump’s, Netanyahu didn’t, Biden demurred, ’, ” Biden, ” Blinken, Bill Burns, David Barnea, Sinwar, Khalil al, Khaled Mashal, Mousa Abu Marzook, Mohammed bin Abdulrahman Al Thani Organizations: CNN, Israeli, Trump, Republican, Democrat, White House, Netanyahu, East, Arab, CIA, Qatari Locations: Gaza, United States, Israel, Qatar, Doha, Washington , DC, Georgia, American, Washington, Michigan, Egypt

☆ Tesla stock surges 18% after stellar earnings, one of its biggest gains in years
▼ + stars: | 2024-10-24 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Tesla shares rallied as much as 18% on Thursday after the company reported strong earnings. The carmaker reported better-than-expected auto margins and gave strong guidance for 2025. The jump on Thursday marks one of Tesla's biggest intraday percentage gains in years. Others on Wall Street, though, raised questions about other aspects of Tesla's business. "TSLA offered no details on a CY25 model, no details on improved FSD, and no details on its plans for Optimus.

Persons: Tesla, —, Elon Musk's carmaker, Aaron, Morningstar, Musk, we're, TSLA Organizations: Service, Elon, Wedbush Securities, Wall, Optimus Locations: China, CY25

☆ Here are Oppenheimer's best stock ideas heading into November
▼ + stars: | 2024-10-24 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Looking ahead to November, Oppenheimer has updated its top stock ideas list, which features additions such as CarMax , Mastercard and Atlassian . He has an outperform rating on the stock, and his price target implies nearly 26% upside from Wednesday's close. Analyst Ittai Kidron has an outperform rating on the stock, and his $230 target reflects nearly 22% upside, as of Wednesday's close. That implies more than 15% upside from Wednesday's close. Evercore ISI also added Broadcom to its top chip stock picks ahead of its earnings report later in the year.

Persons: Oppenheimer, Michael Wiederhorn, Cigna, Ittai Kidron, Kidron, Atlassian, Morgan Stanley, Rick Schafer, Schafer, Hock Tan Organizations: Dow Jones, Nasdaq, Mastercard, Dick's Sporting Goods, Bloomberg, Humana, Bloomberg News, Broadcom, ISI

☆ Here are Evercore ISI's top chip stock picks into earnings
▼ + stars: | 2024-10-22 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Evercore ISI has its eyes set on a handful of chip stocks ahead of earnings, including Nvidia and Broadcom . Chip stocks will come into focus later in the season, with artificial intelligence bellwether Nvidia slated to report on Nov. 20. Against this backdrop, Evercore ISI highlighted several stocks in the space it likes heading into their quarterly reports. The stock has gained more than 189% in 2024 and is the favorite semiconductor play over the next 12 months for investors polled by Evercore ISI in a survey. Other semiconductor stocks Evercore ISI is eyeing heading into earnings include Marvell Technology and AMD .

Organizations: ISI, Nvidia, Broadcom, Semiconductors, VanEck Semiconductor, Evercore ISI, Taiwan Semiconductor, Marvell Technology, AMD

☆ 31-year-old Harvard grad quit her VC job to cycle in the Olympics: ‘I only made $7,000’ my first year but it led to gold
▼ + stars: | 2024-10-22 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

The 31-year-old ended a 40-year-drought for the U.S. by placing first in the women's road race; she also took home the women's track cycling team pursuit gold. "I needed an outdoors fix," Faulkner told NBC News, recalling how she signed up for an introductory women's cycling clinic in Central Park. In her first year of competitive cycling, Faulkner earned just $7,000. Another reason Faulkner wanted to continue working in venture capital was so she'd have at least 5 years of professional experience before taking a hiatus. She's also committed to advocating for equality in women's cycling, noting that while salaries have improved, there's still a long way to go.

Persons: Kristen Faulkner, —, Faulkner, she's, Faulkner didn't, Alex Broadway, you've, I'd, I'm, She's Organizations: Team United, Olympic Games, Games, Tour de, NBC News, Harvard University, New, American Continental, Threshold Ventures, VC, The United, de, Femmes, Velo, Getty, Angeles Olympics Locations: Trocadero, Paris, France, U.S, New York, Central Park, Homer , Alaska, Girona, Spain, San Francisco, The United States, Le

☆ What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round
▼ + stars: | 2024-10-21 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

Perplexity is eyeing a massive funding round this year, The Wall Street Journal had reported. The Times alleged that Perplexity was violating copyright laws by using its content to create news summaries, according to Reuters. In a statement to Reuters, Srinivas said: "We are very much interested in working with every single publisher, including The New York Times. AdvertisementOn Monday, the Journal and New York Post owner News Corp. filed a lawsuit against Perplexity, also alleging copyright infringement. While Perplexity has dealt with criticism from media outlets, its rival OpenAI has struck deals with publishers to use their content.

Persons: —, Perplexity, Aravind Srinivas, Denis Yarats, Johnny Ho, Andy Konwinski, Srinivas —, Jeff Bezos, Forbes, Srinivas, OpenAI, Microsoft — Organizations: Corp, Street Journal, Service, Google, Street, New York Post, Business, Nvidia, SoftBank's, Forbes, Wired, New York Times, News Corp, The New York Times, Microsoft, Reuters, The Times, Perplexity

☆ Stock market today: Indexes trade near record highs after a string of solid earnings reports
▼ + stars: | 2024-10-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks were mostly higher on Friday amid a string of solid third-quarter earnings reports. Netflix and Intuitive Surgical beat Wall Street estimates, boosting their stock prices to new record highs. 82% of S&P 500 companies that have reported earnings so far have surpassed Wall Street's profit estimates. AdvertisementUS stocks traded higher on Friday, with all three major averages at or near record highs as investors digested third-quarter earnings results. Intuitive Surgical also reported solid third-quarter earnings that beat Wall Street estimates for revenues and profits.

Persons: — Organizations: Netflix, Service, Wall

☆ Dollar rides 'Trump trade' toward third weekly rise, markets brush off China GDP
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +5 min

The onshore yuan ticked 0.06% higher to 7.1199 per dollar, while its offshore counterpart rose 0.12% to 7.1282. Data on Thursday showed U.S. retail sales growth was higher than expected and the ECB cut interest rates by 25 basis points. "All of that has played in to a stronger dollar," said Jason Wong, senior strategist at BNZ in Wellington. The New Zealand dollar was similarly eyeing a 0.75% fall for the week and was little changed at $0.6063 in the Asia session. The U.S. dollar index hit a 2-1/2 month high of 103.87 on Thursday and is up nearly 0.8% forthe week thus far.

Persons: Donald Trump, Ho Woei Chen, Jason Wong, There's, Yahya Sinwar, Israel's, Benjamin Netanyahu, Sterling Organizations: European Central Bank, People's Bank of China, Securities, Fund, Insurance, ECB, Reuters, Trump, New Zealand, Bank of England, U.S Locations: Asia, China, Wellington, U.S, Israel, Gaza

☆ A strong dollar is a key risk to the stock market's big rally, Morgan Stanley CIO says
▼ + stars: | 2024-10-17 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Morgan Stanley's Mike Wilson says the stock market's bull run could slow if the dollar strengthens again. AdvertisementMorgan Stanley's top stock strategist is eyeing one risk in particular that could threaten the stock market's big rally: a stronger US dollar. According to the firm's chief US equity strategist, Mike Wilson, a dollar re-strengthening could hinder stock gains. The greenback weakened as markets prepared for steep rate cuts, but that move has reversed in recent weeks as strong economic data makes more aggressive policy easing less likely. Wilson's call comes two years into the market's bull rally, with major indexes continuing to hit fresh all-time highs.

Persons: Morgan, Mike Wilson, —, that's, Wilson Organizations: Service, Bloomberg Radio, Federal Locations: China, Japan

☆ China could raise nearly $1 trillion of fresh debt in the next 3 years to revive its economy
▼ + stars: | 2024-10-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Chinese media reported that China could rack up $850 billion in debt to help revive its economy. China has vowed to roll out more fiscal stimulus, but key details were missing in a recent update. AdvertisementChina's fiscal stimulus efforts could include racking up almost $1 trillion in fresh debt over the next several years, according to local media. The money could be used as fiscal stimulus and to help "off-the-books debt" in local governments, the people added. One researcher recently estimated that the direct effects of China's latest stimulus package may not be felt until 2025, mainly because more fiscal stimulus needs to be unlocked before the policies can bolster the nation's economy.

Persons: —, Lan Fo'an Organizations: Service, China's, Finance, CNBC, Bloomberg, CSI Locations: China, Beijing, Hong Kong

☆ Just ignore the word ‘tariff’ — it’s a tax
▼ + stars: | 2024-10-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Especially when you hear words like “tariffs.”But, given the economy’s central importance in the 2024 race, it’s worth hammering on an Econ 101 fact: Tariffs are a tax on Americans. Very simply: When the US government decides to put a tariff (read: tax) on, say, Chinese goods, the actual money going to the US Treasury comes from the American company doing the importing. “To me, the most beautiful word in the dictionary is tariff,” Trump said at one point. But it’s important to judge Trump’s first-term trade policies and the Biden-Harris approach against context of the unprecedented tariff wave Trump is planning if he gets to Round Two. Bottom line: Tariffs might be a beautiful word to Trump’s ear, but he’s telling a fictional story about what they do in practice.

Persons: CNN Business ’, New York CNN —, Donald Trump, It’s, —, Annette Choi, Katie Lobosco, podcaster Sean Kelly, David Pakman, Kelly, he’s, ” Kelly, Pakman, “, Trump, ” Trump, John Micklethwait, Micklethwait, it’s, Joe Biden, Kamala Harris, Trump’s, Harris, ”, Scott Lincicome, United States —, ” David Kelly, Matt Egan Organizations: CNN Business, New York CNN, CNN, US Treasury, Bloomberg, Economic, of Chicago, Biden, Trump, Republican, Cato Institute, Peterson Institute for International Economics, Federal, Peterson Institute, Asset Management Locations: New York, China, United States, States

☆ Tom Brady is set to become the NFL's newest minority owner after league approves Las Vegas Raiders deal
▼ + stars: | 2024-10-15 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Tom Brady has won the NFL's approval to acquire a minority stake in the Las Vegas Raiders. AdvertisementTom Brady — the star quarterback and seven-time Super Bowl champion — has been approved to acquire a 5% stake in the Las Vegas Raiders, a source close to Brady and an NFL source have confirmed to Business Insider. Brady was first reported to be eyeing a stake in the franchise in May 2023, soon after he retired from the league. AdvertisementThe purchase will make Brady the owner of two Las Vegas teams. In March, he bought a minority share of the WNBA's Las Vegas Aces.

Persons: Tom Brady, —, Tom Brady —, Brady, Tom Wagner, Richard Seymour, Mark Davis, He's, Leigh Steinberg Organizations: Las Vegas Raiders, NFL, Service, Business, National Football League, Knighthead, CNBC, The Washington Post, Las Vegas, Las Vegas Aces, Aces, Raiders, Steinberg Sports, Entertainment Holdings, Fox Sports, Press Locations: Brady

☆ New dating apps and social-networking startups are gaining steam. Read pitch decks 6 used to raise millions of dollars.
▼ + stars: | 2024-10-15 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

New social-networking and dating startups are coming onto the scene. Here are the pitch decks six startups used while raising Series A and seed rounds. Founders of these startups are tackling problems like loneliness, dating app fatigue, and general dissatisfaction with the current social-media incumbents. Meet 7 VC investors eyeing new social startupsBI spoke with several social-media and dating app founders about how they are raising capital — including the pitch decks they used to raise millions of dollars. Read the pitch decks that helped 6 social-networking and dating startups fundraise millions of dollars:Note: Pitch decks are sorted by investment stage and size of round.

Persons: —, Isabella Epstein's, Tiffany, Daybreak Ventures Rex Woodbury, Catalyst, Mervana Parekh, It's, Marlon Nichols Organizations: Service, IRL, Big Tech, Daybreak Ventures, Business, Tinder, Acrew, Mac Venture

☆ New York Liberty bounce back in Game 2 to even WNBA Finals against Minnesota Lynx
▼ + stars: | 2024-10-14 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

CNN —The New York Liberty bounced back from a stunning loss in Game 1 of the WNBA Finals, holding off a late rally by the Minnesota Lynx to win, 80-66, and even the series 1-1 on Sunday. The Liberty led by as much as 17, before entering halftime with a 49-39 advantage. Minnesota Lynx guard Courtney Williams shoots over New York Liberty star Sabrina Ionescu in Game 2 of the WNBA Finals. Lynx star Courtney Williams’ four-point play with 5.5 seconds left gave the Lynx their first lead in a game in which they trailed by as much as 18 points. As the clock expired in Game 1, Stewart was fouled under the basket, awarding the Liberty two free throws.

Persons: Breanna Stewart’s, Betnijah Laney, Hamilton, Sabrina Ionescu, Natisha Hiedeman, Alanna Smith, Stewart, Courtney Williams, Napheesa Collier, Pamela Smith, ” Stewart, “ We’re, Courtney Williams ’, Collier, Williams Organizations: CNN, The New York Liberty, WNBA, Minnesota Lynx, Liberty, Sunday, Lynx, Barclays Center . Minnesota Lynx, New York Liberty, ABC, Target Center Locations: York, , New York, Minneapolis

☆ Halloween shoppers are cutting back — and Spirit Halloween, the spooky season giant, is betting big on Christmas
▼ + stars: | 2024-10-14 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +3 min

Halloween spending is forecast to drop by 5% this year, as inflation hits household spending. AdvertisementHalloween shoppers are tightening their wallets this year, but the season's biggest retailer is eyeing America's next big holiday — Christmas. As consumers are forecast to spend less on Halloween, spooky season retail giant Spirit Halloween is seeking to capture a slice of the much-larger Christmas market. AdvertisementSpirit Halloween CEO Steven Silverstein said on Wednesday that the company, which has over 1,500 Halloween locations, is opening "Spirit Christmas" stores. AdvertisementWhile inflation looms over Americans' Halloween budgets, winter holiday spending is expected to rise by 7% this year, per a PwC report.

Persons: —, Steven Silverstein, Silverstein, Kym Sarkos, Erica Weisgerber, Plimpton, Jerry Murray Organizations: Service, National Retail Federation, The New York Times, New York, Debevoise, Plimpton LLP, Bloomberg, University of, Business Insider Locations: Cheddar, Atlantic City, Albany, Poughkeepsie , New York, The

☆ This niche AI play is seeing business growth rates that are triple the pace of the data centers
▼ + stars: | 2024-10-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +16 min

As artificial intelligence fuels the boom in data center growth, investors are eyeing a new frontier: the companies keeping these digital powerhouses cool. That's because historically, data centers used air cooling to manage the heat generated by traditional cloud applications. Triple data center growth Vertiv and Modine are legacy air cooling players that entered the liquid cooling market through acquisitions, while nVent is a pioneer. "The need for liquid cooling is not cannibalizing the need for mechanical (air) cooling," Matt Summerville, an analyst at D.A. "The need for liquid cooling is not cannibalizing the need for mechanical (air) cooling," Matt Summerville, an analyst at D.A.

Persons: Modine, there's, Dean Dray, Matt Summerville, Davidson, Summerville, William Blair, Brian, nVent, Dray, Vertiv, Jefferies, Saree Boroditsky, Boroditsky Organizations: Modine, RBC Capital Markets, CNBC, D.A, CoolTerra, TMG, Scotts, Scotts Springfield Manufacturing, Asia Pacific, CDU, Summerville, Luza Locations: Scotts Springfield, Asia, Summerville

In April this year, she became the only South Korean shooter to qualify in two events for the Paris Olympics – 10-meter air pistol and 25-meter pistol – after finishing second in both events in the Korean national trials. Kim finished with 241.3 points, falling 1.9 points short of Oh, but she remembers it as “a very happy moment. Since Kim took up shooting, South Korea has seen several heroes in the sport, such as Jin Jong-oh, who won four golds and two silvers across five Olympics, and Kim Jang-mi, who won a gold at the 2012 London Olympics. At the Paris Olympics, South Korea won the most shooting medals at the Games in the country’s history with three golds and three silvers. “Just wait, mommy will win the gold,” Kim promised.

Persons: Kim Ye, ”, Kim, “, Charlie Miller, CNN Kim, Kwak Min, Kwak, He’s, Charles McQuillan, Oh Ye, It’s, refocusing, ” Kim, Louis Vuitton, Elon Musk, Alain Jocard, “ I’m, Jin Jong, Kim Jang, mommy Organizations: CNN, CNN Sport, Banners, South, Office, Paris Olympics, Korean, Paris, Games, Givenchy, Getty, South Korea Locations: North Jeolla Province, Seoul, Imsil, South Korean, Baku, Azerbaijan, Paris, South Korea, Asia, AFP, India

☆ Everything our editors bought for Amazon October Prime Day 2024
▼ + stars: | 2024-10-10 | by ( Aksha Mittapalli | Aksha Mittapalli Is An Editorial Intern For Select On Nbc News. She Is A Senior At Nyu | Double Majoring In Journalism | ) www.nbcnews.com time to read: +17 min

Whether we're stocking up on familiar favorites or taking advantage of big discounts, NBC Select editors made good use of Prime Day. Below are all the products we added to our carts this October Prime Day. I never don’t have extra bottles in my apartment and I always like to stock up on it during Prime Day. I always buy basics on Prime Day, so this was a no-brainer to throw in my cart last minute. To round up this list, I asked editors what they bought for Prime Day and why they bought each product.

Persons: – Lindsay Schneider, – Mili, La, I’ve, – Cory Fernandez, bobby pins, – Lauren Swanson, they’re, Mili, Zoe Malin, – Rebecca Rodriguez, – Aksha, – Bianca Alvarez, Ana Luisa, Anker, Aksha, – Ella Morrissey, – Nikki Brown, Rosalie Sparaco, It’s comfy, they’ve, – Ashley Morris, – Zoe Malin, – Jordan Bowman, I’m, TikTok Organizations: NBC, La Roche, Apple, Amazon, July’s, Prime, Facebook, Twitter Locations: Poppi

☆ Catastrophe bond investors unlikely to be dealt massive losses as Florida dodges Milton's worst-case scenario
▼ + stars: | 2024-10-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Hurricane Milton's impact on Florida won't cause major losses for catastrophe bond investors, portfolio managers say. Insurance companies still face significant losses, but cat bond investors aren't eyeing the worst-case scenario. AdvertisementThe impact of Hurricane Milton on Florida is unlikely to trigger massive losses for catastrophe bond investors. The losses for cat bond investors, therefore, might only be in the low-single digits. This will drive an increase in risk premiums, leading to higher return expectations for cat bond investors moving forward," Steiger said.

Persons: aren't, —, Helene, Milton, Chin Liu, Tanja Wrosch, That's, Florian Steiger, Steiger Organizations: Insurance, Service, Investors, Twelve, Bloomberg, Icosa, Progressive, Allstate, Chubb Limited, Swiss Locations: Florida, Hurricane Milton, Tampa, Milton

☆ Critical Role CEO Travis Willingham says the crew's got an international wishlist of places to take their nerdworld business
▼ + stars: | 2024-10-10 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +6 min

Advertisement"All of us know how important stories — and other people's stories — have been to us, personally," O'Brien told BI. In this week's release, Vox Machina battles a dragon (voiced by O'Brien) and contends with the demon Zerxus Ilerez. "Vex and Percy's relationship is one of my favorite things about Campaign One," Bailey told BI. AdvertisementEphraim Chua, 32, told BI he's excited to see how CR has adapted its main campaigns for the animated series. Willingham told BI that when it comes to CR's content, "there's a seat for everybody at the table."

Persons: Vox, CR's, Travis Willingham, —, Liam O'Brien, Marisha Ray, Ashley Johnson, O'Brien, we've, Willingham, they've, Brennan Lee Mulligan, Farez Najid, Farez, Matthew Mercer —, Laura Bailey, Taliesin, Vex'ahlia, Percy, Bailey, Ephraim Chua, Bhavna Vasnani, ✨, AlQnlSPC3C, Cheryl Teh, CR's Johnson Organizations: Service, they're, BI, London's Wembley, CR, playgroups, Prime Locations: Los Angeles, Singapore, South America, Australia, Madison, New York

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