Alaska’s North Slope was hit Sunday by the most powerful earthquake ever recorded in the region, the state’s seismologist said. At 6:58 a.m. Sunday, the magnitude 6.4 earthquake struck an area 42 miles (67 kilometers) east of Kavik River Camp …
The Beacon Group of Companies, an independent financial services firm, has announced senior-level promotions within its Institutional Retirement Plan Practice. Mark W. Schatzel has been promoted to the role of managing director of retirement plan sales and services. Schatzel will …
Now that interest rates are rising again, it’s time to re-examine whether buying an insurance agency is the smart choice for growth or whether building an agency makes more sense. While lots of factors come into play when agents want …
Activist investor Carl Icahn has dropped his fight to block Cigna Corp.’s $54 billion acquisition of Express Scripts Holding Co. after two prominent shareholder advisory firms came out in support of the deal. Institutional Shareholder Services Inc. and Glass Lewis …
On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private at $420 a share, with “funding secured” for the transaction, Tesla published a blog post in which Musk clarified his …
A bus hit an overpass at Newark’s Penn Station, peeling back part of its roof and injuring dozens of passengers. Officials say about 50 people were on the bus, which was headed to New Jersey from Washington, when it hit …
Officials fear that an underground coal refuse fire at the site of a soon-to-be-shuttered glass factory in western Pennsylvania may be spreading. Workers say fire was seen shooting up through the ground behind the Pittsburgh Glass Works plant in East …
XL Catlin insurance operations recently added Naveed Khalidi and Michelle Jensen to its team of Mergers and Acquisitions (M&A) insurance underwriters. Khalidi joins XL Catlin from Allied World Assurance Co., where he most recently held the position of senior underwriter …
Virginia Governor Ralph Northam has signed an executive order establishing a task force to come up with a plan to prevent worker misclassification and payroll fraud. The state estimates that the misclassification of employees as independent contractors costs Virginia as …
Canada’s largest province is delaying the launch of private marijuana sales in bricks-and-mortar stores until April 2019, nearly six months after the drug is legalized for recreational use. Ontario’s Progressive Conservative government said Monday it will start cannabis sales with …
