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WSJ.com: US Business

US Business

The FCC’s decision to revoke China Telecom’s license to do business in the U.S. is the latest in a series of blows against major Chinese businesses in the country.
Posted: October 27, 2021, 4:59 am
The defense for former Nissan executive Greg Kelly made its final argument for their client’s innocence, arguing that prosecutors failed to prove key parts of the case involving former chief Carlos Ghosn’s compensation.
Posted: October 27, 2021, 3:52 am
Democratic senators unveiled a plan for a 15% minimum tax on profitable corporations as they try to lock in details to finance President Biden’s agenda.
Posted: October 27, 2021, 3:46 am
The account of the fatal shooting in affidavits prepared by authorities suggests that certain precautions weren’t followed during filming of the Alec Baldwin movie, industry experts say.
Posted: October 27, 2021, 1:59 am
Saks Fifth Avenue said it has started shipping online orders from a high-tech Pennsylvania warehouse, deploying dozens of autonomous robots programmed to help workers find Giambattista Valli gowns and Christian Louboutin pumps.
Posted: October 27, 2021, 12:03 am

Life Insurance – InsuranceNewsNet

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Company to acquire IGE Private Limited and Elpro International Limited combined shareholding of 15.27%. MUMBAI, India& NEW YORK---- MetLife International Holdings, LLC has entered into a share purchase agreement with IGE Private Limited and Elpro International Limited to acquire their total combined shareholding of 15.27% in PNB MetLife India Insurance...

The post MetLife Increases Stake In Its Leading Life Insurance Joint Venture appeared first on InsuranceNewsNet.

Author: INNFeed
Posted: October 4, 2021, 11:28 am

The sons of a former housekeeper for the prominent Murdaugh family will be paid some of $4.3 million in settlements collected after their mother's mysterious 2018 death, their attorney wrote on Oct. 3. Cory Fleming and his law firm, Moss, Kuhn and Fleming, will pay the sons all legal fees and expenses the firm received from settlements connected to claims asserted...

The post Settlement Reaches In Suit Claiming Millions Owed Murdaugh Housekeeper’s Sons appeared first on InsuranceNewsNet.

Author: INNFeed
Posted: October 4, 2021, 3:48 am

The persistent low interest rate environment over the past few years prompted the deal, Allianz said in a news release.

The post Allianz Strikes $4B Reinsurance Deal With Resolution Re appeared first on InsuranceNewsNet.

Author: Staff Reports
Posted: September 30, 2021, 12:20 pm

The lawyer for the man accused of shooting Alex Murdaugh in a failed insurance fraud scheme says his client is being used as the fall guy.

The post Lawyer: Client Was Set Up In Murdaugh Insurance Fraud Scheme appeared first on InsuranceNewsNet.

Author: INNFeed
Posted: September 30, 2021, 9:41 am

Allianz SE is working on a deal to offload a large block of U.S. life insurance policies in a move that reportedly could be announced in the coming days.

The post Report: Allianz Working On Deal To Shed U.S. Life Insurance Block appeared first on InsuranceNewsNet.

Author: John Hilton
Posted: September 29, 2021, 3:35 pm