Latest News


Flying Food Group provides in-flight catering to ITA Airways’ new US routes

Flying Food Group has announced a partnership with ITA Airways to offer in-flight catering services for the airline's new flights operating between Chicago O'Hare International Airport and Rome Fiumicino Airport. The new route is scheduled to operate six times per week.

Flying Food Group partners with Hainan Airlines to launch direct flights between Seattle and Beijing

Flying Food Group SEA has unveiled a partnership with Hainan Airlines to facilitate direct flights between Seattle-Tacoma International Airport and Beijing Capital International Airport. The service, which commenced this month, operates thrice weekly.

Nevada drivers pay above-average rates for auto insurance, Bankrate reports

Bankrate has reported that drivers in Nevada are paying an average of $973 per year for minimum coverage auto insurance and $2,779 for full coverage. These rates are significantly higher than the national average, which stands at $2,014 annually for full coverage and $622 for minimum.

Graystone Consulting Receives Third Consecutive Quality Leader Designation from Coalition Greenwich

Graystone Consulting, a business of Morgan Stanley, has once again been recognized for its excellence in the financial services industry. The company announced that it has been named a Quality Leader for the third consecutive year by Coalition Greenwich in Overall U.S. Investment Consulting among large consultants.Jeremy France, Head of Institutional Consulting Solutions at Morgan Stanley, expressed his pride in the achievement, stating, “Our clients are at the heart of Graystone, and we focus on bringing them the best of what our organization offers – boutique-level...

SBA Recognizes 2023 T.H.R.I.V.E. Program Winners

Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced the recognition of the 2023 T.H.R.I.V.E. Emerging Leaders Reimagined cohort winners in Seattle and North Metro Puerto Rico. Guzman emphasized the Biden-Harris Administration's commitment to supporting small businesses through initiatives like the T.H.R.I.V.E. program, stating, "T.H.R.I.V.E. trainers play a crucial role in developing a robust network of trusted advisors and peer support networks across the country."The T.H.R.I.V.E. program, which stands for Train. Hope....

SBA Announces 2024 Growth Accelerator Fund Competition Stage One Winners, Up to $3 Million in Prizes Awarded

The U.S. Small Business Administration (SBA) has announced the winners of the 2024 Growth Accelerator Fund Competition (GAFC) Stage One, with each recipient receiving $50,000 in prize awards. Administrator Isabel Casillas Guzman highlighted the significance of these winners in fostering innovation and supporting small businesses, stating, "SBA’s Growth Accelerator Fund Competition Stage One winners join the SBA’s incredible network of entrepreneurial support organizations contributing to America’s innovative startup ecosystem."The competition focused on three theme areas:...

Flying Food Group donates to aid areas impacted by wildfires

Flying Food Group has announced their annual donations to One Tree Planted will be directed specifically towards areas impacted by wildfires.

The Future of Insurance podcast: Chetan Kandhari

Nationwide Chief Innovation and Digital Officer Chetan Kandhari recently addressed the key questions surrounding innovation in the insurance industry. In a podcast episode titled "The Future of Insurance," Kandhari pondered, "How does a Fortune 100 company innovate in a highly regulated industry? And where, and where doesn’t it, make sense to implement generative artificial intelligence?"Kandhari's insights shed light on Nationwide's strategic approach to innovation in an industry known for its stringent regulations and traditional practices. The discussion delved into...

Resilient Waters Fund Wins the 2024 Kellogg-Morgan Stanley Sustainable Investing Challenge

The Resilient Waters Fund team from the University of Utah's David Eccles School of Business emerged as the winners of the 14th annual Kellogg-Morgan Stanley Sustainable Investing Challenge. Their proposal to save Utah's Great Salt Lake earned them the top prize of $10,000. The fund aims to protect the Great Salt Lake by catalyzing funds through a creative land trust mechanism, promoting irrigation efficiency, responsible cropping, and water savings.Jessica Alsford, Morgan Stanley’s Chief Sustainability Officer and CEO of the Institute for Sustainable Investing,...

Spelman College Wins Goldman Sachs’ Fourth-Annual Market Madness Competition and $1 Million Grant

Goldman Sachs' HBCU Market Madness competition concluded with Spelman College emerging victorious for the third time in four years, securing a $1 million grant. The event, which is part of the firm's HBCU Possibilities Program, saw finalists from Delaware State University, Florida A&M University, Howard University, and Spelman College present case studies to top Goldman Sachs and Nike executives.Megan Hogan, Goldman Sachs' global head of Talent and chief diversity officer, expressed admiration for the talent showcased by HBCU students during the competition, stating, "The...

National Breathe Free Sinus and Allergy Founder announces support for C4 Foundation to support Navy SEALs

Matt Ghanem, the founder of National Breathe Free Sinus and Allergy, underscored his organization's commitment to the C4 Foundation, an organization that supports Navy SEALs and their families. Ghanem made his statement to Business Daily on April 3.

Inflation ticks up 3.4% regionally, car insurance a key driver nationally

The Consumer Price Index (CPI-U) for the New York-Newark-Jersey City region rose by 0.4% in March 2024, reflecting a 3.4% increase over the past year, driven primarily by higher costs for shelter and energy, as reported by the U.S. Bureau of Labor Statistics (BLS).

Enclave opens new coworking space in Barrington

Enclave, an urban co-working space organization, announced the opening of a new location in Barrington, Illinois.

American Tort Reform Association reports probe Nevada trial lawyers’ ad spend and political donations

The American Tort Reform Association (ATRA) has recently published two reports examining the political donations and advertising of Nevada trial lawyers. The results of these studies offer insights into how these legal professionals influence politics and public opinion in the state.

Business Life Insurance Solutions for Turbulent Times

In a recent podcast, Nationwide Chief Economist Kathy Bostjancic and Nationwide Business Solutions Group Vice President Jessica Dowdy discussed how business life insurance can assist business owners in navigating the challenges of the current economic and labor markets. Dowdy highlighted the importance of solutions like corporate-owned life insurance (COLI) and bank-owned life insurance (BOLI) in addressing these issues.Dowdy emphasized the impact of the COVID-19 pandemic on business owners, stating, “Business owners are still reeling from the impacts of COVID, facing...

SBA Announces National Small Business Week Virtual Summit Schedule

WASHINGTON –Today, the U.S. Small Business Administration (SBA) and SCORE, mentors to America’s small businesses and a resource partner of the SBA, announced the schedule for the 2024 National Small Business Week Virtual Summit. The two-day online event, co-hosted by the SBA and SCORE, will take place from April 30 to May 1. Attendance is free of charge, but registration is required. To register, visit National Small Business Week Virtual Summit registration.This year’s National Small Business Week’s theme – “Building on the Small Business Boom” –celebrates the surge in...

Is the Recent Climb in the Price of Gas About to Stall?

WASHINGTON, D.C. (April 18, 2024) - Lackluster domestic demand for gasoline paired with decreasing oil prices led to the national average for a gallon of gas climbing just four cents to $3.67 since last week. With tensions running high over the past three weeks in the Middle East, the cost of oil reached the upper $80s per barrel. However, it has since fallen several dollars into the low $80s as the oil market watches to see if any further military actions occur."The situation overseas with war in both the Middle East and Ukraine has the oil market on edge," said Andrew...

Morgan Stanley Wealth Management Pulse Survey Reveals Bullish Sentiment Despite Drop in Optimism

Morgan Stanley Wealth Management today announced results from its quarterly individual investor pulse survey, revealing that despite a drop in optimism, bullish sentiment remains strong among investors. According to the survey, three out of five investors (60%) are bullish this quarter, consistent with the previous quarter.Chris Larkin, Managing Director, Head of Trading and Investing at E*TRADE from Morgan Stanley, commented on the market trends, stating, “The US stock market is coming off one of its strongest first quarters of the past 20 years, and so it should not be...

Allstate Announces March and First Quarter 2024 Catastrophe Losses and Implemented Rates

NORTHBROOK, Ill., April 18, 2024 – The Allstate Corporation (NYSE: ALL) released information regarding their March and first quarter 2024 catastrophe losses and implemented rates.According to the Allstate Corporation, the March month catastrophe losses totaled $328 million or $259 million after-tax. These losses stemmed from six events, with the majority of the losses, approximately 80%, attributed to one hail event. These losses were partially offset by favorable reserve reestimates for prior events.The total catastrophe losses for the first quarter of 2024 amounted to...

Allstate Customers Using Safe Driving App Have 25% Fewer Severe Collisions

NORTHBROOK, Ill., April 17, 2024 – Allstate customers who opt into the Allstate app's safe driving features are experiencing a significant decrease in severe collisions. According to Allstate and its mobility data and analytics partner Arity, those who choose to use Drivewise are 25% less likely to have a severe collision than those who don't. Driving behavior research from Arity also indicates that Drivewise customers exhibit safer driving habits compared to other connected drivers, handling their phones less, speeding less, and hard braking less by as much as 44%.Ginger...