The security situation in the Strait of Hormuz has returned to a “worse-case scenario” for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said. “We see the reduction of the volume of transits through the Strait of Hormuz and right now crews of…
Revenue growth is a key priority for Adriana Carpenter as she steps into the top financial seat for AI-enabled sales performance platform Xactly — but in order to achieve that goal, “we want to make sure that we’re optimizing and able to scale efficiently,” she told CFO Dive. It remains early days for Carpenter in…
Mandatory evacuations across the Texas Hill Country are underway as life-threatening flash floods wreck bridges and roads with more heavy rain expected overnight. A wide swath of Texas is forecast to receive as much as eight inches (20 centimeters) of additional precipitation through Friday morning to cap off a week of downpours that revived memories…
Cody Rhodes brawls with Gunther on SmackDown. WWE WWE SmackDown emanated from Albany, N.Y. ahead of Saturday Night Main Event, where Cody Rhodes and CM Punk face Sami Zayn and Gunther. If Gunther and Sami win, they will be added to the WWE Championship match at SummerSlam between Rhodes and Punk. Acting SmackDown GM Adam…
The long-awaited future moved a little closer to the present this week when officials in Kissimmee, Florida, unveiled new infrastructure to support an air taxi/flying car service in coming years. “We will go from the Orlando area to Tampa within 30 minutes,” Kissimmee Aviation Director Shaun Germolus said at a news conference and statement, as…
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Second quarter 2026 net income at Travelers increased 46% to about $2.2 billion on lower catastrophe losses and favorable prior year reserve development. Catastrophe losses for the quarter, mostly from severe storms, were $518 million compared with $927 million for Q2 2025. The second-quarter catastrophe losses were more than paid for by favorable reserve development…
It has been a good week to be average on Wall Street.
Michael Kitces has spent years studying what drives satisfaction among financial advisors, going beyond firm performance metrics to focus on personal wellbeing and career fulfillment. His latest research, the 2025 Advisor Wellbeing Study, reveals how advisor happiness has shifted in recent years and what factors are shaping those changes. Drawing from responses across the industry,…
Currently, CMW serves customers across 10 states The transaction marks Borgman Capital’s 21st acquisition since the firm’s founding in 2017 CMW was founded in 1956 Borgman Capital has made an investment in CMW Equipment, a St. Louis, Missouri-based distributor of concrete production and roadwork equipment. No financial terms were disclosed.