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Pinterest Prices I.P.O. at $19 a Share, for a $12.7 Billion Valuation
The shares will begin trading Thursday on the New York Stock Exchange under the ticker symbol PINS.

POSTED APRIL 18, 2019 9:13 AM
The Most Measured Person in Tech Is Running the Most Chaotic Place on the Internet
YouTube’s C.E.O. spends her days contemplating condoms and bestiality, talking advertisers off the ledge and managing a property the size of Netflix.

POSTED APRIL 17, 2019 2:10 PM
Business Quietly Returns to Saudi Arabia After Khashoggi’s Murder
Six months after agents from Saudi Arabia dismembered the writer Jamal Khashoggi, investors are no longer shying away from doing business with the kingdom.

POSTED APRIL 18, 2019 8:50 AM
Treasury Issues Rules on Tax Breaks for Opportunity Zones
The move lays out criteria for the program after some critics said it risked funneling money to real estate rather than start-up businesses.

POSTED APRIL 17, 2019 9:49 PM
Lehman Brothers, a Family Saga, as Viewed by Some Who Lived It
“The Lehman Trilogy” is a theatrical panorama of the firm’s history and collapse. Lehman descendants and onetime employees have taken a keen interest.

POSTED APRIL 17, 2019 10:21 PM
JPMorgan Shuffles Executive Ranks, Promoting Two Women
JPMorgan gave more responsibilities to Marianne Lake and Jennifer Piepszak, making both top contenders to eventually succeed its chief executive, Jamie Dimon.

POSTED APRIL 17, 2019 10:10 PM
Monica Crowley, a Fox News Fixture, Is Said to Get a Top Treasury Job
The choice of Ms. Crowley for the Treasury’s top communications role comes about two years after she withdrew as a candidate for other administration jobs in the face of plagiarism accusations.

POSTED APRIL 17, 2019 8:25 PM
India Halts Downloads of TikTok Video App, Citing Harm to Children
TikTok is popular with children and young adults worldwide, but regulators are scrutinizing it, citing concerns about misuse and privacy.

POSTED APRIL 17, 2019 8:17 PM
New U.S. Sanctions on Venezuela Aim to Choke Off Government’s Finances
The Trump administration cut off the central bank’s access to United States currency and limited its ability to conduct international financial transactions.

POSTED APRIL 17, 2019 11:14 PM
San Francisco’s Big-Hatted ‘Beach Blanket Babylon’ to Close After 45 Years
This treasured San Francisco staple is renowned as much for its spectacularly sculptural headgear as its content.


News – Insurance Journal

Vermont Officials Assess Spring Flood Damage
Vermont state and local officials are assessing damage from flooding caused by heavy rains and snowmelt that led to road closures, some evacuations and a rescue from a flooded parking lot. Some roads remained closed Tuesday, but most of the …

POSTED APRIL 18, 2019 10:12 AM
Some Connecticut Condo Associations Can Seek Crumbling Foundation Help
Some Connecticut condominium associations with crumbling foundations can seek financial help from the captive insurance company that’s been helping owners of stand-alone homes. Michael Maglaras, superintendent of the Connecticut Foundation Solutions Indemnity Company Inc., announced Monday that associations can apply …

POSTED APRIL 18, 2019 10:02 AM
New Crop of Satellites Will Identify Biggest Contributors to Climate Change
A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down to an individual leak at an oil rig. More than a dozen governments and companies have or are planning to …

POSTED APRIL 18, 2019 9:57 AM
Canopius Signs Agreement to Purchase AmTrust at Lloyd’s
Canopius AG announced it has signed a definitive sale and purchase agreement to purchase AmTrust at Lloyd’s, a division of AmTrust Financial, subject to regulatory approval. Upon completion, which is expected in Q3 2019, the deal will result in the …

POSTED APRIL 18, 2019 9:26 AM
Everest Insurance Ireland Opens UK Branch
Everest Insurance Ireland, dac (EIID), a part of the Everest Insurance international platform, has opened a branch office in the United Kingdom. EIID was established in 2017 and is led by CEO Linda Ryan, who manages the strategy and operational …

POSTED APRIL 18, 2019 8:17 AM
Best Downgrades Credit Ratings of Alabama-Based Alfa Insurance Group Members
AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a+” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Alfa Insurance Group. In addition, AM Best has downgraded the Long-Term …

POSTED APRIL 18, 2019 5:19 AM
Increase in Accidents on Scenic Tennessee Road Prompts Officials to Take Action
Officials with scenic Natchez Trace Parkway are reminding motorists that the roadway is designed for leisurely drives and not interstate-style speeds. Chief Ranger Sarah Davis says in a news release that actions are being taken to decrease accidents on the …

POSTED APRIL 18, 2019 5:08 AM
States Warn of DNA Testing Fraudsters Stealing Personal Information
Authorities in several states are warning about an alleged scam in which people visit senior-living communities and low-income neighborhoods, offering to perform DNA tests and collecting information from people in government health programs. The alleged DNA-testing scams appear to be …

POSTED APRIL 18, 2019 5:00 AM
30 Central Banks, Minus U.S., Call for More Green Financing, Better Climate Risk Assessment
With insurers shouldering a record $160 billion in climate-related losses from last year alone, a group including 30 central banks called for measures to spur green finance and better assessment of the risks from higher global temperatures. The move led …

POSTED APRIL 18, 2019 5:00 AM
Facebook Opposes Release of Privacy Reports Used to Settle Litigation
Facebook Inc. will seek to block disclosures from years’ worth of privacy reports it submitted to the U.S. Federal Trade Commission, according to filings in a lawsuit seeking the release of information in the documents. Facebook plans to intervene in …

POSTED APRIL 18, 2019 5:00 AM

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