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NFL wants its insurers to cover $1 billion in lawsuit

The National Football League is seeking more than $1 billion from its insurers to cover the cost of the class-action concussion settlement, the insurance firms disclosed in recent court documents......»»

Category: topSource: bizjournalsApr 16th, 2019

Insured losses from California wildfires top $11 billion as claims keep rolling in

Insurers are paying out $11.4 billion so far to cover l.....»»

Category: topSource: latimesJan 28th, 2019

Maine making public, private insurers cover abortions

A bill requiring public and private insurance companies to cover abortion is now law in Maine......»»

Category: topSource: foxnewsJun 13th, 2019

States sue to stop $26.5 billion Sprint-T-Mobile deal

A group of 10 state attorneys general led by New York and California are filing a lawsuit to block The state AGs say the merger would hurt competition and drive up prices for . It's an unusual... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 12th, 2019

10 States Are Suing to Block Sprint-T-Mobile Deal

States filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile’s $26.5 bi.....»»

Category: europeSource: fortuneJun 11th, 2019

States sue to stop Sprint-T-Mobile merger

A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. (June 11)  .....»»

Category: topSource: usatodayJun 11th, 2019

Colorado among states to file antitrust suit to block Sprint/T-Mobile merger

A group of nine states and the District of Columbia filed an antitrust lawsuit Tuesday to block the proposed $26.5 billion merger between Sprint Corp. and T-Mobile US Inc. As the deal inches toward a final resolution, the 10 state attorneys gener.....»»

Category: topSource: bizjournalsJun 11th, 2019

Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt

Ten states led by New York and California have filed a lawsuit to stop T-Mobile US Inc's $26 billion purchase of Sprint Corp, warning that consumer prices will jump due to reduced competition......»»

Category: topSource: reutersJun 11th, 2019

9 states, D.C. file antitrust suit to block Sprint/T-Mobile merger

A group of nine states and the District of Columbia filed an antitrust lawsuit Tuesday to block the proposed $26.5 billion merger between Sprint Corp. and T-Mobile US Inc. As the deal inches toward a final resolution, the 10 state attorneys gener.....»»

Category: topSource: bizjournalsJun 11th, 2019

U.S. Supreme Court to review $20B racial discrimination lawsuit against Comcast

The U.S. Supreme Court will take up Comcast’s attempt to have a $20 billion racial discrimination lawsuit brought against it dismissed. In a victory for the Philadelphia-based media giant, the country’s top federal court announced Monday it ha.....»»

Category: topSource: bizjournalsJun 10th, 2019

Bond Market Spooked By Ugly, Tailing 7Y Auction, Plunging Bid to Cover

After a strong 2Y, mediocre 5Y, we concluded this week's trifecta of coupon auctions with, as one may expect, an abysmal sale of $32 billion in 7Y bonds. With yields sliding lower all day, perhaps it had to do with the concessions into the 1pm a.....»»

Category: blogSource: zerohedgeMay 29th, 2019

Avantor IPO swells to $3.33B after options exercised

Radnor-based chemical and laboratory products supplier Avantor closed its initial public stock offering, which swelled to $3.33 billion after underwriters exercised their full option to purchase additional shares to cover overallotments. Avantor [NYSE.....»»

Category: topSource: bizjournalsMay 22nd, 2019

U.S. Justice Department staff recommends blocking T-Mobile-Sprint deal, sources say

The U.S. Justice Department's antitrust division staff has recommended the agency file a lawsuit to block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter......»»

Category: topSource: reutersMay 22nd, 2019

LiquidX Transactions Soar 546% in First Quarter as Platform Adds Banks, Corporates and Insurers to Network; Volume Hits $1.1 Billion in March Alone

New York, NY, May 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- LiquidX, the global network for illiquid assets, today announced trading volume reached $2.1 billion in the first quarter, including a monthly-record volume o.....»»

Category: earningsSource: benzingaMay 21st, 2019

Read the email Musk sent to Tesla workers calling for cost controls

The memo says that $2 billion in fresh funding would only cover 10 months of business at the company's first quarter burn rate......»»

Category: topSource: moneycentralMay 17th, 2019

Read the email Musk sent to Tesla workers calling for cost controls

The memo says that $2 billion in fresh funding would only cover 10 months of business at the company's first quarter burn rate......»»

Category: topSource: moneycentralMay 17th, 2019

Volkswagen sets aside 5.5 billion euros in contingent liabilities for diesel scandal

Volkswagen said it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, chief financial officer Frank Witter said on Thursday......»»

Category: topSource: reutersMay 2nd, 2019

Facebook revenue jumps as U.S. privacy penalty looms

Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, aided by growth in its Instagram business and a surge in advertising sales, while also setting aside up to $5 billion to cover anticipated official U.S. privacy penalties......»»

Category: topSource: reutersApr 24th, 2019

Teenager sues Apple for $1B after facial recognition led to false arrest

An 18-year-old from New York has filed a $1 billion lawsuit against Apple over a false arrest he says happened because of Apple's face recognition system. .....»»

Category: topSource: moneycentralApr 23rd, 2019

Seniors report spending $22 billion from savings to cover health-care costs

Many seniors can't afford to pay for their prescription drugs or visits to doctors......»»

Category: topSource: washpostApr 22nd, 2019

Sears estate sues ex-CEO, Mnuchin for allegedly stealing billions

​The lawsuit alleges "[Eddie] Lampert caused more than $2 billion of assets to be transferred to himself and Sears' ​other shareholders.".....»»

Category: topSource: moneycentralApr 19th, 2019