Allstate reports second quarter profit on stronger premiums, investment income
Allstate Corp reported a second quarter profit on Wednesday, driven by higher premiums, better returns from investments, and lower catastrophe losses.
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Allstate Corp reported a second quarter profit on Wednesday, driven by higher premiums, better returns from investments, and lower catastrophe losses.
July 31, 2024Families for some of the 346 people killed in two fatal Boeing 737 MAX crashes said on Wednesday a U.S. judge should reject the planemaker's proposed plea
July 31, 2024MGM Resorts International beat Wall Street's second-quarter estimates on Wednesday, thanks to a strong recovery in Macau following the easing of pandemic-related restrictions last year.
July 31, 2024American International Group reported a smaller-than-expected rise in second-quarter profit on Wednesday, hurt by lower underwriting income in its general insurance unit tied to
July 31, 2024C.H.
July 31, 2024Cognizant Technology Solutions raised its annual revenue forecast and and beat second-quarter results estimates on Wednesday, aided by businesses turning to the IT services provider to
July 31, 2024Corteva cut its annual sales and operating earnings forecasts on Wednesday as the U.S. agrichemicals maker faces declining prices at its crop protection unit, sending its shares down 5.7%
July 31, 2024Thousands of pro-Palestinian protesters marched through the streets of central Istanbul late on Wednesday to protest the killing of Hamas leader Ismail Haniyeh.
July 31, 2024Carvana forecast annual core profit above analysts' expectations on Wednesday, driven by strong demand for its used vehicles and improved inventory management, which helped the used-car
July 31, 2024EBay exceeded Wall Street expectations for second-quarter revenue and profit, buoyed by robust demand for pre-owned goods, cost-effective automotive parts and accessories.
July 31, 2024Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued a rosy sales forecast for the third quarter, signaling that robust
July 31, 2024Chipmaker Qualcomm forecast fourth-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for high-end Android devices and the need for more
July 31, 2024A bipartisan group of U.S. lawmakers on Wednesday introduced a bill that would block Chinese solar panel makers from claiming subsidies for their American factories.
July 31, 2024Kenya's inflation fell to 4.3% year-on-year in July from 4.6% a month earlier, the statistics office said on Wednesday. On a monthly basis, inflation was -0.2% from 0.4% in June.
July 31, 2024Walt Disney plans to eliminate some jobs in its TV unit to cut costs in an eroding business, Bloomberg News reported on Wednesday, citing people familiar with the matter.
July 31, 2024King Mohammed VI invited French President Emmanuel Macron for an official visit, after Paris announced a position in support of Morocco's sovereignty over the disputed territory of
July 31, 2024Republican presidential candidate Donald Trump said on Wednesday that he was against everyone having an electric car despite the endorsement of billionaire Elon Musk, the CEO of
July 31, 2024U.S. legacy carriers United Airlines and Delta Air said on Wednesday they will suspend their flights to Tel Aviv, Israel due to security concerns.
July 31, 2024Billionaire investor Bill Ackman scrapped the launch of Pershing Square USA on Wednesday, days before the fund was slated to begin trading on the New York Stock
July 31, 2024Federal Reserve Chair Jerome Powell said recent inflation data is increasing the central bank's confidence that inflation pressures are moving back to the 2% target.
July 31, 2024The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next meeting in September as inflation continues coming into line
July 31, 2024The United Auto Workers union endorsed Vice President Kamala Harris for U.S. president on Wednesday, providing a likely boost for
July 31, 2024Traders on Wednesday added to bets the Federal Reserve will start easing in September and go big when it does, even after Fed Chair Jerome Powell said policymakers are not thinking about a
July 31, 2024The U.S. is considering unilateral restrictions on China's access to AI memory chips such as those made by Micron Technology and SK Hynix and equipment capable of making such semiconductors
July 31, 2024A U.S. regulator said on Wednesday it still believes that air bag inflators in 49 million U.S. vehicles assembled by 13 automakers pose serious safety risks
July 31, 2024