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The Department of Health and Human Services is giving compounding pharmacies a temporary green light to make six peptides while the agency continues to work on a formal rule change.
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RenaissanceRe Holdings Ltd. reported an underwriting income of $426.1 million in Q3 2026, primarily driven by a gain in its property segment which counteracted losses in casualty and specialty. Despite strong contributions from underwriting, fee, and investment income, the company recorded a net loss of $161.4 million due to significant mark-to-market losses on investments. RenRe's gross premiums written decreased across both property and casualty/specialty segments, while its combined ratio rose.
CVS Health is suing the federal government to challenge its 2027 Medicare Advantage star ratings, aiming to avert a potential revenue loss exceeding $2 billion due to declining quality scores. The lawsuit argues that the CMS used illegal methodology and improperly adopted measures to calculate the ratings. CVS joins at least four other insurers in similar lawsuits, all citing a previous ruling that found CMS measures for 2026 scores to be illegal.
It’s at least the fifth insurer to turn to the courts in a bid to hike its ratings for next year. The lawsuits make near-identical legal arguments. But CVS’ is more dramatic in its scope and alleged financial harm.
(Kitco News) - Gold prices continue to hold critical support above $4,000 an ounce, but one investment firm expects prices to head lower by year-end as the Federal Reserve is expected to maintain its...
West Pharmaceutical Services has secured a new $950 million unsecured credit facility, including a $200 million term loan and a $750 million revolving credit line, with Bank of America as the administrative agent. This refinancing replaces their 2019 credit agreement and aims to provide liquidity for working capital, acquisitions, stock repurchases, and debt repayment. The move reflects the company's strong sales growth and continued investment in injectable drug delivery capacity.
DTE Energy Co Pref Series E stock has fallen to a 52-week low of 17.61 USD, representing a 22% decline from its high and a 21.07% drop over the past year. Despite the significant downturn, the preferred shares maintain a substantial 7.41% dividend yield. The stock is characterized by low price volatility and a significant dividend, typical of preferred shares.
The Travelers Companies, Inc. has launched Travis Upload & Go℠, an AI-powered quoting tool designed to simplify the workers compensation submission process for independent insurance agents. This new tool eliminates manual data entry by extracting information from uploaded documents, prefilling forms, running eligibility checks, and generating bindable quotes faster. A recent Travelers survey revealed that 77% of small business insurance agents find manual data entry time-consuming and low-value, highlighting the need for such an automated solution.
PNC Bank and ADP have partnered to launch "PNC Payroll by ADP®," an embedded payroll solution designed for small businesses. This new offering integrates ADP's HR and payroll capabilities directly into PNC's digital banking platform, allowing businesses to manage payroll, HR, banking, and payments within a single digital experience. The solution aims to reduce operational complexity and provide small businesses with tools and 24/7 expert support to manage their critical financial and employee operations.
A New Mexico judge has ordered Meta Platforms Inc. to pay $25 billion in civil penalties to the state after a jury found the company repeatedly misled the public about its data privacy practices. The lawsuit, brought by Attorney General Raúl Torrez, identified nearly 44 million willful violations of New Mexico's Unfair Practices Act through 26 public statements made between 2010 and 2021. This ruling follows previous trials where New Mexico won $942 million over claims Meta concealed teen mental health risks, and Meta recently settled a separate case with other state attorneys general for up to $17 billion regarding social media's harms to teenagers.
Are you ready for Medicare Open Enrollment? SHINE can help! Medicare Open Enrollment runs from until Dec. 7 — and it’s the perfect time to review your current coverage, explore new options, and potentially save money. Certified SHINE (Serving the Health Insurance Needs of Everyone) counselors are available by appointment at your local Council on [...]
Alphabet CEO Sundar Pichai speaks at the AI Impact Summit in New Delhi, India, on Feb. 20, 2026.Prakash Singh | Bloomberg | Getty ImagesAlphabet is set to report third-quarter results after the bell on...
A close-up view shows a standalone Ford corporate Blue Oval logo monument sign at a vehicle dealership in Santaquin, Utah, United States, on August 30, 2026. Charles-McClintock Wilson | Nurphoto | Getty...
Taiwan’s inflation remains under control, but consumer prices could face renewed pressure if government subsidies for state-run Taiwan Power Co (Taipower, 台電) and CPC Corp, Taiwan (CPC, 台灣中油) are withdrawn while global oil prices continue to rise, Central bank Governor Yang Chin-long (楊金龍) said yest
Commercial Bank & Trust Company, a West Tennessee lender, is merging into Renasant Bank in a deal valued at approximately $142 million. This transaction will see Commercial Bank's nine branches across Paris, Union City, Jackson, and Memphis absorbed into Renasant's Southeastern banking franchise, which will have roughly $28.6 billion in total assets post-merger. The merger, approved by both boards, is expected to close in the first quarter of 2027 pending regulatory and shareholder approvals.
Stocks in the artificial-intelligence industry are leading Wall Street higher on Tuesday, as their yo-yo moves swing back upward. The S&P 500 rose 0.6% and pulled within 1.2% of its all-time high set...
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JACKSON, Miss. (WJTV) - The Mississippi Department of Human Services (MDHS), Division of Aging and Adult Services (DAAS), announced the State Health Insurance Program (SHIP) will provide assistance for...
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Home » News Press Releases Published onOctober 28, 2026 Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More! Ripple, a leading provider of blockchain...
Piper Sandler has reaffirmed its Overweight rating on Principal Financial Group (PFG), setting a price target of $125.00, which suggests an 11.6% upside from the recent closing price. The analyst note highlights the company's diverse revenue streams, contributing to solid underlying results despite challenges, and its strong EPS growth guidance of 9-12%. These factors underscore confidence in PFG's operational stability and strategic direction.
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., has filed preliminary terms for 5 Year Autocallable Market-Linked Securities linked to the Citi Dynamic Asset Selector 5 Excess Return Index (CIISDA5N). These securities offer a potential premium of at least 7.00% per annum if the index meets or exceeds its initial level on annual valuation dates, leading to an automatic early redemption. If not redeemed early, the payment at maturity depends on the index's performance, with a full principal return even if the index declines, but no additional return if it falls below or equals the initial level.
Around the world, governments are increasingly advising their citizens to have provisions in the case of an emergency such as war, extreme weather and cybersecurity threats.Different countries advise...