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Technologies being embraced by workers’ comp sector
“The past year has only reinforced the trends our annual surveys have tracked in recent years, highlighting the rising importance of technologies that can automate manual processes and enable faster and smarter decision making,” said Shahin Hatamian of Mitchell International, Inc. (Credit: Panchenko Vladimir/Shutterstock.com) Not unlike the rest of the insurance spectrum, the workers’ comp …
Asian stocks fall, led by technology, industrial names
BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after a mixed session on Wall Street as losses by technology and industrial companies offset other gains. Shanghai saw a modest gain after reopening following the Lunar New Year holiday. Shares fell in Tokyo, Hong Kong and Sydney. The yield on the 10-year Treasury …
Bitcoin blows past $45,000 to fresh highs above $47,000, driven by Tesla’s investment
The price of bitcoin surged above $47,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products. After reaching a record of near $44,000 on Monday, bitcoin prices BTCUSD, +2.98% hit $45,000, $46.000 and $47,000 later that evening, …
European stocks open higher after Easter break
European stocks advanced after the Easter weekend break, with the German DAX DAX, +1.05% rising 1.3% in early trade and the U.K. FTSE 100 UKX, +0.00% up 0.3%. U.S. stock futures also were stronger, with the futures on the Dow Jones Industrial Average YM00, +1.12% up 330 points. The optimism came amid data showing a …
Stock market attempts to claw back from Thursday depths after Fed announces ‘big bazooka’ to help ease Treasury market problems
U.S. stocks bounced off Thursday lows after the Federal Reserve announced that it would offer $505 billion in a key area of the short-term funding market to help cure dislocations in Treasury trading, amid growing coronavirus anxieties. The measure is part of a broad package of easing measures. The Fed said it would offer $500 …
Elon Musk Says Bill Gates has a $500 million short position in Tesla
Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a tweet on Friday night. Musk said he believes Gates has sold short $500 million shares of Tesla (ticker: TSLA), …