Bessen will sell the hedge fund stake if he is confirmed as head of the Treasury Department
The hedge fund manager disclosed assets worth at least $521 million in his personal financial disclosure. Read more Source link
Three-quarters of homeowners may not have enough insurance to fully cover damages after a disaster, according to a study
“When consumers focus on premiums rather than coverage limits, insurers have a natural incentive to lower prices by offering less insurance.” Read more Source link
Fires threaten more neighborhoods as LA braces for strong winds
Unlock Editor's Digest for freeRoula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter.New fires in Los Angeles have forced evacuation orders in the upscale Brentwood…
Firefighters battle spreading wildfires before winds threaten UCLA, Getty
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Firefighting plane Super Scooper remains on the ground after drone crash, with no specific timetable for return
A plane capable of carrying more than a thousand gallons of water was severely damaged Thursday after a drone hit its wing. Read more Source link
The deputy chairman of the right-wing extremist AfD is calling for mass deportations
Unlock Editor's Digest for freeRoula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter.The co-leader of the far-right Alternative for Germany has called for mass deportations…
Fed rate cuts have already ended as focus shifts to rate hikes: BofA
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Apple CEO salaries rise 18%; Company rejects anti-diversity measure
Cook's salary consisted of a base salary of $3 million, stock awards of $58.1 million and additional compensation of approximately $13.5 million. Read more Source link
Fire officials are investigating possible connection between Edison and the LA Hurst fire
A fallen conductor was discovered on a pole connected to the 220-kV Eagle Rock Sylmar circuit, the company said Friday in a filing with regulators. Read more Source link
Uranium prices hit record highs as thirsty AI data centers add market pressure
Unlock Editor's Digest for freeRoula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter.The price of fuel for nuclear reactors has risen to a record high…
