Yahoo Finance's Kumutha Ramanathan has the latest from London.
Yahoo Finance's Kumutha Ramanathan has the latest from London.
Ronnie Massaro, 39, was fatally stabbed in New York City on Nov. 21
Talan Torriero and his wife Danielle are also parents to son Bronson Leonardo, 3
(Bloomberg) -- Sun Life Financial Inc. Chief Executive Officer Dean Connor, who led the Canadian insurer through a decade of growth, will retire next year and hand the reins to Chief Financial Officer Kevin Strain.Strain, 54, will join the board of Toronto-based Sun Life in February, taking the title of president as well, the firm said Wednesday. He’ll become CEO when Connor, 64, retires in August.Connor divested U.S. assets, including the $1.35 billion sale of an annuities business, and spearheaded aggressive growth in Asia since taking over as CEO in 2011. Sun Life’s shares have outpaced competitors’ during his tenure, and he has more than doubled assets under management to C$1.2 trillion ($930 billion).“He really has transformed Sun Life from a bit of a sleepy company into better growth, and he made investments in technology that brought it into the present if not the future,” Barclays Plc analyst John Aiken said in an interview.Sun Life shares were little changed at C$57.10 at 10:54 a.m. in Toronto. The stock has more than tripled since December 2011, when Connor became CEO, outperforming the 86% gain in the S&P/TSX Composite Financials Sector Index.Strain joined Sun Life in 2002 when it acquired Clarica, where he had worked since 1997. In addition to experience running Sun Life’s individual insurance and investment business in Canada, he launched Sun Life Global Investments -- now known as SLGI Asset Management -- and expanded Sun Life Asia into Vietnam and Malaysia. Strain will continue to serve as CFO until a replacement is found.“He has seen a wide breadth of the operation,” Aiken said. “He’s well-suited to fill Dean’s shoes.”(Updates with analyst’s comment in fourth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
A new $65 million investment led by the growth capital and public investment arm of Sequoia Capital will give Virta Health, a developer of a behavioral-focused diabetes treatment, a valuation of over $1 billion. Virta's approach, which uses a combination of approaches to change diet and exercise to reverse the presence of type 2 diabetes and other chronic metabolic conditions, has shown clinical success and attracted 100 health care payers to endorse the company's treatments. "We partnered with Virta for their ability to deliver unmatched health improvement and cost savings—two clear differentiators from other offerings on the market,” said William Ashmore, CEO of the State Employees’ Insurance Board of Alabama, in a statement.
The "Global Mechanical Thrombectomy Devices Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
“It was a sigh of relief that Saturday morning,” Vanessa Williams said on the :BLACKPRINT NoFilter Instagram live series
Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its expanded support for organizations that are meaningful to employees around the world: Code2College, Black Girls Code, Year Up, International Relief Teams (IRT), and Juvenile Diabetes Research Foundation (JDRF). Reflecting its mission to build strong and diverse communities, Q2 is making significant donations to these initiatives that are measurably enhancing people’s lives – both during the pandemic and into the future.
Labaton Sucharow LLP, a leading investor rights law firm, is seeking shareholders who purchased shares of PlayAGS, Inc. ("PlayAGS" or the "Company") (NYSE: AGS), in the Company’s secondary offering on March 20, 2019 (the "March 2019 SPO") at the offering price of $25.50.
Etiometry announced it has received its 6th 510(k) FDA clearance, adding several new features to the Etiometry Platform.
CDC Director Dr. Robert Redfield speaks about the development of a vaccine for COVID-19 in an online forum hosted by the U.S. Chamber of Commerce.
National lawmakers are expected on Wednesday to introduce a joint resolution aimed at striking language from the U.S. Constitution that enshrines a form of slavery in America’s foundational documents. The resolution, spearheaded and supported by Democratic members of the House and Senate, would amend the 13th Amendment’s ban on chattel enslavement to expressly prohibit involuntary servitude as a punishment for crime.
A leading critic of “cancel culture” is being accused of canceling one of its own—for speaking out too loudly and too often against President Donald Trump.Throughout the Trump era, Reason magazine, a digital and print publication published by the nonprofit libertarian Reason Foundation, has routinely sounded the alarm about the perceived threat posed by “cancel culture,” the modern phenomenon in which people are publicly and professionally ostracized for heterodox beliefs or remarks. The magazine has lambasted other outlets like The Atlantic, The New York Times, and The Intercept for firing or pushing out key staffers whose views or actions were determined to have conflicted with their respective editorial missions.And yet, a long-time Reason columnist and policy analyst alleges that the libertarian magazine dropped her over her vehemently anti-Trump views.“After 15 years, the curtains came down for me at Reason today. My views, I was told, had become too out-of-step with those of the organization,” Shikha Dalmia announced Tuesday evening in a Facebook post.“Reason has some amazing writers who do great work on a whole host [of] issues that I will continue to read and share. And it has been an honor and pleasure to work with them,” she added. “However, I had a staunch and uncompromising anti-Trump voice calling out his authoritarian tendencies unambiguously. That this made many libertarians uncomfortable raises all kinds of interesting questions about the state of the liberty movement.”The Reason veteran further suggested that her demise came as a result of complaints from the Reason Foundation’s donors—many of whom are also big donors to Republicans and conservative think tanks. “Defending my work to donors and stakeholders had evidently made me too much of a liability,” she wrote.Reason editor-in-chief Katherine Mangu-Ward publicly commented on Dalmia’s post, replying, “I disagree with your characterization of our parting, but certainly won’t get into it here on your page.” And in an internal memo sent to staffers, obtained and reviewed by The Daily Beast, Mangu-Ward announced Dalmia’s departure on Tuesday evening: “Today is Shikha’s last day, after 15 years at Reason. It has been an honor to work with a person of such tremendous journalistic talent and deep libertarian conviction. Her contributions to Reason have been enormous, especially in the area of immigration policy. This change has been in the works for a while, and I wish her great luck in her next phase.”Virginia Postrel, Reason’s editor-in-chief from 1989 until 2000, reacted late Tuesday evening to Dalmia’s ouster and her allegations about donor pressures by tweeting: “When I was @reason it was INCREDIBLY poor but had integrity. [Co-founder] Bob Poole had some intensely uncomfortable conversations w/ donors but always defended the magazine's independence and never even read it until it came out. Now it's big and rich but I could never work there.”Mangu-Ward replied to Postrel and another libertarian critic by repeating in multiple tweets: “I strongly disagree with this characterization of our parting, but I wish her the absolute best in what comes next.”When reached by The Daily Beast, Dalmia said “I stand by my statement on Facebook” but otherwise declined to comment on this story. And in a statement to The Daily Beast, Mangu-Ward wrote: “Shikha Dalmia’s departure from Reason is a personnel issue, so I won’t discuss the details.”The top editor added: “Reason is editorially independent and publishes a tremendously wide range of content within a libertarian framework. That ‘big-tent libertarianism’ has included and continues to include pointed critiques of authoritarianism in all its guises. Reason considers it a core part of our mission to hold the powerful accountable, and believe we have done so this presidency—and plan to do so in the next. I invite your readers to actually check out the voluminous content published on our website over the past four years—and last half-century for that matter—and see for themselves. Nowhere else in opinion journalism will you find content that is consistently critical of the left and the right, of Republicans and Democrats, when they advance policies and ideas that are hostile to freedom.”As a Reason employee, Dalmia regularly wrote columns for the magazine which also often ran at The Week, seemingly as part of the libertarian organization’s effort to advance its ideas via outside publications. (Dalmia has previously published columns at Bloomberg View, Washington Examiner, and The Daily Beast.)Curiously, however, over the past few months, several of Dalmia’s columns were published at The Week but never appeared on her home base at Reason, including a column suggesting Trump is, in fact, a bigger statist than Joe Biden; a column outlining the libertarian case for voting for Biden; and a column criticizing the hypocrisy of conservative “cancel culture” alarmists “forgetting that right-wingers themselves have been its main practitioners through most of American history.”The columnist’s ouster comes as the magazine has taken heat from some libertarians and former employees, including Washington Post columnist and reporter Radley Balko, for what they perceive to be the magazine’s peculiar Trump-era positioning: Not overtly pro-Trump by any stretch, but apparently more focused on belittling, dismissing, or ignoring the left’s concerns about the president’s autocratic impulses than on actively repudiating his abusive governance—instead seeming to reserve its most unequivocal condemnations for campus PC and cancel-culture gripes.(In recent weeks, the outlet has been critical of Trump’s attempts to reverse his electoral loss by pushing baseless conspiracy theories about widespread voter fraud. Elsewhere, Reason has excoriated the president’s trade wars, scorned his calls to crack down on social-media outlets because they “censor” his fact-free missives, and called out his nativist immigration policies including family separations.)“There are many staffers still at Reason who do great work, and whose journalism I really admire. But I think a lot of libertarians have been puzzled by the general editorial direction of the magazine in the Trump era,” Balko said in a statement to The Daily Beast. “Libertarians are supposed to be the ones who sound the alarm about government threats. Yet with Trump, it felt like Reason spent an inordinate amount of time and energy mocking the people who felt threatened.”He continued: “This is a magazine whose staff took a hard line against the firing of James Bennet, Kevin Williamson, and was sympathetic to Glenn Greenwald’s claim that he'd been censored by The Intercept. That’s all hard to square with firing one of their own writers for being overly critical of the most powerful man on the planet.”Indeed, Reason dedicated more than a few articles to bashing “the woke scolds” at The New York Times for the firing of Bennet, the paper’s opinions editor, following the publishing of Sen. Tom Cotton’s screed about the Black Lives Matter protests, titled “Send in the Troops.”And when The Atlantic fired conservative writer Kevin Williamson in 2018 shortly after his hiring was announced and past incendiary remarks—including calling for abortion patients to be hanged—came to light, Reason editor-in-chief Mangu-Ward lamented his exit as proof that the historic magazine does not tolerate ideological diversity.“Reason staffers are all libertarian, under a big-tent understanding of that term (not to brag, but we are repping the pro-life view),” she wrote at the time, touting the magazine’s tolerance of potentially heterodox views within libertarianism. “That’s written into our mission as a magazine.”It is unclear how Dalmia’s expressly anti-Trump views would have fallen outside Reason’s “big-tent understanding” of libertarianism.Read more at The Daily Beast.Get our top stories in your inbox every day. 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While Salesforce made a big splash yesterday with the announcement that it's buying Slack for $27.7 billion, it's not the only thing going on for the CRM giant this week. In fact Dreamforce, the company's customer extravaganza is also on the docket. While it is virtual this year, there are still product announcements aplenty and today the company announced Einstein Automate, a new AI-fueled set of workflow solutions.
Sullivan recorded 11 birdies and briefly looked set to match compatriot Oliver Fisher's European Tour record of 59 at the Portugal Masters in 2018 before he finished the last two holes on par at the Fire Course which made its European Tour debut. Starting on the back nine, Sullivan had six birdies at the turn as he raced up the leaderboard and eventually finished the day ahead of Frenchman Antoine Rozner and Englishmen Matt Wallace and Ross Fisher, who were all tied at nine-under-par.
The "Computational Photography Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The singer, actress and entrepreneur — one of PEOPLE's People of the Year — rose to the occasion during a difficult year by bringing us chart-topping music, Rare Beauty and vital conversations with influential leaders
Mondi plc (Incorporated in England and Wales) (Registered number: 6209386) LEI: 213800LOZA69QFDC9N34 LSE share code: MNDI ISIN: GB00B1CRLC47 JSE share code: MNP
Hanesbrands' (NYSE: HBI) stock price hit the skids earlier this month after the company released earnings and issued disappointing guidance. Now is a good time to evaluate Hanesbrands' prospects and determine whether the current price represents a good value -- or if the recent results and stock price movement are a warning sign for investors to stay away. While Hanesbrands was able to sell $179 million worth of personal protection equipment (PPE) to offset some of this weakness, third-quarter sales were down 3% versus a year ago to $1.8 billion.
Bonmarche became the latest casualty in a grim week for retail jobs.
‘There is at least a one in five chance of temporarily exceeding 1.5C by 2024,’ says head of World Meteorological Organisation