German reinsurer Munich Re on Friday posted a 6% rise in net profit in the second quarter, defying expectations for a drop and lifted by low major loss claims. Net profit in the quarter of €2.211 billion ($2.55 billion) compares with €2.085 billion a year ago. Analysts had expected net profit of €1.786 billion. Major…
An overall view of the manufacturing line in a Hadrian Automation Inc. factory. Courtesy: Hadrian Automation, Inc. Riding a wave of enthusiasm for defense tech, manufacturing startup Hadrian on Thursday closed its latest round of funding at a nearly $8 billion valuation, more than quadruple where investors valued the company in January. The round was…
Acting Attorney General Todd Blanche appears at his confirmation hearing in front of the Senate Judiciary Committee on Capitol Hill July 15, 2026 in Washington, DC. Eric Lee | Getty Images Two Republicans on the Senate Judiciary Committee on Thursday said they remained undecided about voting to confirm Todd Blanche for U.S. attorney general, endangering…
Stetson Kentucky Straight Bourbon Tatsuro Nishimura Stetson has spent the past 160 years establishing itself as a legacy lifestyle brand. A mere mention of the name conjures images of its iconic cowboy hat and, with it, the pioneering spirit of the American West. Today it becomes intertwined with another sort of American spirit altogether: Kentucky…
Former banking boss Jayne-Anne Gadhia has been picked to chair the U.K.’s audit regulator, the government announced on Monday. Processing Content Gadhia, who ran Virgin Money for over a decade, is the preferred candidate to replace Jan du Plessis as chair of the Financial Reporting Council, according to a statement. The FRC, led by Chief…
President Donald Trump on Wednesday said he would make a long-shot bid to get the Supreme Court to rehear the case in which it ruled against his executive order that sought to sharply restrict birthright citizenship. The Supreme Court on June 30 held that babies born in the United States are automatically citizens under the…