Amid homeowner insurance crisis, consumer advocates and industry clash at hearing

Business Wire; WPP; Ruobing Su/Business Insider The largest ad holding company WPP has lost more than half its market value since 2015 as consumer behavior has become more digital. More recently, ad stocks have plummeted amid fears.....»»

The climate crisis is leading many insurance companies to raise homeowner premiums. PeopleImages .....»»

Biden's SEC Chair pick Gensler will inherit GameStop, short-selling trading crisis......»»

Those in and around the industry believe the growth amid stay-at-home measures could bring lasting gains for the consumer base, even with the potential for product delays and reduced interest in esports from cable broadcast companies......»»

Planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros amid the "gravest crisis the aerospace industry has ever known"......»»

With unemployment spiking, consumer advocates want a temporary moratorium on insurers' ability to use falling credit scores to set premiums......»»

Airbus is studying a sharp cut in output of its top-selling A320 plane series amid an industry-wide slowdown triggered by the coronavirus crisis, sources familiar with the matter said......»»

The company accelerated the release of xtraCASH because of the pandemic's effects on the hospitality industry......»»

UnitedHealthcare customers can continue seeing Houston Methodist doctors for two additional months in light of the coronavirus crisis. Houston Methodist and UnitedHealth Group Inc. (NYSE: UNH), the largest health insurance company nationwide and .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Bank of America Corp's consumer division has hired 1,700 people in critical support roles so far this month, a spokesman said on Friday, as the industry faces a surge in customer service demand due to concerns about the coronavirus outbreak......»»

Half of the hotels in the U.S. could shutter amid the ongoing coronavirus .....»»

The restaurant industry is seeking billions in relief dollars as well as rent and insurance assistance as the industry reels from widespread closings during the coronavirus pandemic. The National Restaurant Association, in a letter to the White .....»»

The movie theater industry has asked Congress and President Trump's administration for emergency relief for the exhibition business and its 150,000 employees amid unprecedented cinema closures due to the coronavirus crisis. In a statement issued by .....»»

Athit Perawongmetha/Reuters The coronavirus could cause the global airline industry to shrink for the first time since the global financial crisis of 2008 and 2009, an industry trade group warned on Thursday. .....»»

Low wages for mental health and addiction workers and rising suicide rates were among the main concerns of lawmakers and advocates at Monday's budget hearing in Albany for mental health–related... To view the full story, click the title link......»»

A smaller number of larger farms are producing the bulk of the nation’s fluid milk amid consolidation in the industry......»»

Although the opioid crisis cuts across all demographics, geographies and industries, restaurants are feeling the effects particularly hard. For one, the sheer scale of the industry is tough to manage, as there are 22,000 restaurants and 585,000 wo.....»»

Anglo American Plc curbed its diamond-mining plans for the next two years after sales slumped in 2019 amid a wider industry crisis......»»