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Financial Services
Why Your Wireless Carrier Wants to Access Your Bank Account
Carriers are offering discounts to avoid rising credit-card fees, but consider important factors before making any changes. Source link
Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks
Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has garnered interest amid tough conditions
A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies. Source
Anti-ESG Funds Face Obstacles to Broad Investor Acceptance
One problem is defining exactly what these funds actually invest in. Source link
Schulman Having Bumpy Landing After Taking PayPal to New Heights
With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.
Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential profits. Source link
Jeffrey Epstein Advised Sergey Brin With Tax Shelter
Epstein was advising Google co-founder Sergey Brin in 2007 on setting up a tax-saving trust for his children, according to new court documents. Source link
Apollo-Led Lenders Sell Yellow Loan to Citadel
The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. Source link
PayPal Names Intuit Executive Alex Chriss as Next CEO, Replacing Dan Schulman
What to Read Next Source link
Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.
Listen to article (2 minutes) In 2020, Carl Icahn tapped his son, Brett, to eventually take over his eponymous investment empire, whose value had surged