U.S. initial public offerings have the seismic changes in the insurance industry to thank for 2018’s biggest share sale. Axa Equitable Holdings Inc. sold 137.25 million shares at $20 each on Wednesday to raise $2.75 billion. That’s well short of …
Ironshore Inc., the insurer purchased by Chinese conglomerate Fosun International Ltd. last year, filed for an initial public offering in the U.S. after a ratings firm cited concerns about the parent firm’s financial strength. The company filed with an initial …
Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a reinsurance venture, has cut ties with the asset manager, according to people familiar with the matter. His exit follows a …
Five months after Apple Inc.’s partnership with International Business Machines Corp. was announced, the companies are unveiling the initial fruits of the deal: 10 applications made for governments and businesses. The apps, including tools that can help pilots better utilize …
For at least a decade, International Business Machines Corp. gave fired employees information detailing a severance package that asked them to waive age- discrimination claims and also included a page listing the job titles and ages of workers being let …
International Business Machines Corp. is turning Watson, the technology that triumphed over human “Jeopardy!” contestants, into a separate division to help the computing-services giant return to growth. More than $1 billion will be invested in the IBM Watson Group, including …
