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Billionaire Paying Off College Students’ $40 Million Debt Has Ties to Insurance Industry
The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. Robert F. Smith, who addressed the nearly 400 graduating seniors …

POSTED MAY 20, 2019 8:13 PM
Direct Written Premium Fell in California Workers’ Comp System in 2018
Total direct written premium in the California workers’ compensation system fell for the second consecutive year in 2018, declining 3.8 percent to less than $12.3 billion as nine of the 10 largest insurer groups in the state wrote less premium …

POSTED MAY 20, 2019 5:54 PM
Florida InsurTech HoneyQuote to Offer Technology Platform to Business Partners
Digital insurance agency HoneyQuote.com launched a new partnership program that allows businesses across industries to use HoneyQuote services for customers to purchase homeowners insurance. As part of the program, businesses can add home insurance to their list of services through …

POSTED MAY 20, 2019 4:56 PM
Motorist Deaths Prompt Speed Limit Reduction on West Virginia Interstate
Speed limits have been reduced along a stretch of Interstate 77 in southern West Virginia where 12 motorists have died since 2016. The state Division of Highways lowered the speed limit last month along I-77 in Mercer County from 70 …

POSTED MAY 20, 2019 4:43 PM
New Orleans Council Backs Strong Short-Term Vacation Rental Limits
A ban on “whole home” short-term vacation rentals in residential areas of tourism-dependent New Orleans has won unanimous backing from the City Council. It was a preliminary vote. A final one is expected in 90 days. But the council made …

POSTED MAY 20, 2019 2:41 PM
Tornadoes Rake Texas, Oklahoma, Plains
A spate of tornadoes raked across the Southern Plains, leaving damage and causing few injuries, and parts of the region were bracing for more severe thunderstorms and possible flooding. Twisters destroyed at least two homes and left one person with …

POSTED MAY 20, 2019 2:38 PM
Equal Pay Lawsuit Settled With Kansas School District
The U.S. Equal Employment Opportunity Commission has settled its lawsuit against a Kansas school district that paid a female principal less than it paid the man she had replaced and less than the man who succeeded her. A consent decree …

POSTED MAY 20, 2019 2:34 PM
Michigan Governor Not in Favor of Zero Coverage Option for Drivers
Michigan Gov. Gretchen Whitmer said she opposes Republicans’ proposal to let drivers fully forgo mandatory, unlimited medical benefits covered by their auto insurance premiums, saying she must “draw a line” but is open to requiring a minimum level of coverage. …

POSTED MAY 20, 2019 2:32 PM
Safe Auto in Ohio Files Registration Statement with SEC for IPO
Columbus, Ohio-based Safe Auto Insurance Group Inc. announced it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common shares. The number of shares to …

POSTED MAY 20, 2019 2:24 PM
Grinnell Mutual in Iowa Promotes Brunk and Augustin
Grinnell Mutual in Iowa has named Andrea Brunk vice president of strategic experience and Lauren Augustin vice president of product transformation and delivery. Brunk was assistant vice president of the PMO. She joined Grinnell Mutual 2016 after working in health …

POSTED MAY 20, 2019 2:18 PM

Yahoo News - Latest News & Headlines

On Iran strategy, Donald Trump replaces Barack Obama’s mirage with containment

On Iran strategy, Donald Trump replaces Barack Obama’s mirage with containmentContainment does not seek war with Iran but will not shrink if provoked. Nor does it seek regime change, writes Michael Doran of the Hudson Institute.




POSTED MAY 19, 2019 6:25 PM

Australian PM heads to church, football after 'miracle' election win

Australian PM heads to church, football after 'miracle' election winMorrison's Liberal-led conservative coalition has won or is leading in 76 seats, the number needed to form a majority government, according to the Australian Electoral Commission. A jubilant Morrison hugged community members after an early Sunday service at the Horizon Church in Sydney's southern suburbs, from where he was first elected to parliament in 2007. The result drew comparisons with Republican Donald Trump's victory over Democratic rival Hillary Clinton in the 2016 U.S. presidential election.




POSTED MAY 19, 2019 3:15 AM

Elizabeth Warren has a plan to fix everything, even our sad love lives

Elizabeth Warren has a plan to fix everything, even our sad love livesElizabeth Warren is all about making plans, and she's bringing her expert policy-making skills to social media.The 2020 presidential candidate has plans to forgive student debt, rebuild the middle class, and even end the opioid crisis. But she's also open to helping people navigate their tricky love lives.On Saturday, comedian Ashley Nicole Black asked her 88,000 followers if they thought Warren had a plan to fix her love life. On Sunday, Warren, queen of policies, unexpectedly replied to the tweet directly."DM me and let's figure this out," Warren tweeted. Simply iconic.> DM me and let's figure this out.> > -- Elizabeth Warren (@ewarren) May 19, 2019SEE ALSO: Elizabeth Warren takes a 'hard pass' on Fox News town hallBlack was absolutely shook upon receiving Warren's response, and she tweeted a screenshot of the exchange, along with the words, "I am deceased. And ready to welcome new love in my life. And then get our new pres elected. ~~~~ shehasaplan"> We stan a Queen. Nay, a PRESIDENT. https://t.co/WIPCbUzWNJ> > -- Ashley Nicole Black (@ashleyn1cole) May 19, 2019Other Twitter users were equally impressed by Warren's hilarious tweet, and digitally bowed down to the Democratic candidate by showering her with praise.> Welp, she did it. Elizabeth Warren just won the presidency. Give her the White House, the Iron Throne, a Nobel prize, a pony, whatever she wants. pic.twitter.com/AlKOC9oFDy> > -- Chuck Wendig (@ChuckWendig) May 19, 2019> This is the most magical thing I've ever seen happen on this website or anywhere> > -- Katie MacBride (@msmacb) May 19, 2019> How effin' awesome is this?! A POTUS with a heart, a mind, a sense of humor and two X chromosomes. Yes! We are so ready for this! ElizabethWarren Warren2020> > -- Annie Fox (@Annie_Fox) May 19, 2019> All hail.... pic.twitter.com/RCNOy0SzMp> > -- Isaac Butler (@parabasis) May 19, 2019> This is the kind of leadership I want for this nation pic.twitter.com/3aVFYd88ki> > -- Karen Kilgariff (@KarenKilgariff) May 19, 2019> First, this is hilarious. Second, if you give folks student loan debt relief, some help with higher wages and access to affordable housing and daycare, all those things give space to actually wanna go on dates and make it possible to build a family. So she kinda does have a plan! https://t.co/Nrs0w74xiJ> > -- Brittney Cooper (@ProfessorCrunk) May 19, 2019> She has a plan for EVERYTHING! https://t.co/0fsaqJAuQD> > -- Jenny Han (@jennyhan) May 19, 2019> Whoever says women candidates aren't relatable or likeable or funny is nuts. I adore this woman. https://t.co/AJtlEhbRiR> > -- Belle Resists (@BelleResist) May 19, 2019Many were well aware Warren has established herself as the 2020 election's Sam from Holes by saying "I can fix that" in the face of any challenge. But to see her keeping things light, acknowledging, and extending her own strong policy plans to social media was a delight.Warren, the American people stan you giving relationship advice, but can you please make it public next time so we can all benefit? Thanks. WATCH: Beto O'Rourke announces $5 trillion climate crisis plan




POSTED MAY 20, 2019 12:06 PM

This Missile Might be the U.S. Navy's Most Important Weapon in Decades

This Missile Might be the U.S. Navy's Most Important Weapon in DecadesThe Tomahawk and its controversies might make headlines, but as the U.S. Navy re-arms for high-tech warfare, the SM-6 is the missile to watch.The U.S. Navy in late January 2019 confirmed the designation of its newest cruise missile, in the process clarifying its long-term plan for arming its growing fleet of warships.The plan heavily leans on one missile, in particular. It's the SM-6, an anti-aircraft weapon that quickly is evolving to perform almost every role the Navy assigns to a missile.(This first appeared earlier in the year.)The Navy dubbed the newest version of the venerable Tomahawk cruise missile the "Block V" model, Jane's reported. There are two separate variants of the Block V missile, one with an anti-ship warhead and another with a warhead the Navy optimized for striking targets on land.Raytheon's Tomahawk has been the subject of controversy in Washington, D.C. In order to save money the Obama administration wanted to pause production of the long-range missile, which since the 1980s has been the Navy's main weapon for striking land targets from the sea.Congress overruled the Obama administration and continued buying Tomahawks for roughly $1 million apiece, adding potentially hundreds of the missiles to the thousands the fleet already possesses.




POSTED MAY 19, 2019 1:00 PM

As states pass restrictive abortion laws, questions surface

As states pass restrictive abortion laws, questions surfaceATLANTA (AP) — As multiple states pass laws banning many abortions, questions have surfaced about what exactly that means for women who might seek an abortion. The short answer: nothing yet.




POSTED MAY 19, 2019 8:58 AM

Blast hits Egypt tourist bus, 17 injured: security, medical sources

Blast hits Egypt tourist bus, 17 injured: security, medical sourcesAn explosion struck a tourist bus on Sunday near Egypt's famed pyramids, injuring 17 people including foreigners, security and medical sources said. South Africans and Egyptians were among those injured when an explosive device went off, hitting the bus in Giza, according to the sources. Sunday's incident comes after three Vietnamese holidaymakers and their Egyptian guide were killed when a roadside bomb hit their bus as it travelled near the pyramids outside Cairo in December.




POSTED MAY 19, 2019 10:05 AM

Modi’s jobs deficit: J&J’s largest India plant idle three years after completion

Modi’s jobs deficit: J&J’s largest India plant idle three years after completionIt was to eventually employ at least 1,500 people and help bring development to a rural area near Hyderabad in southern India. Two sources familiar with J&J's operations in India and one state government official told Reuters production at the plant, at Penjerla in Telangana state, never began because of a slowing in the growth in demand for the products. One of them said that demand didn’t rise as expected because of two shock policy moves by Prime Minister Narendra Modi: a late 2016 ban on then circulating high-value currency notes, and the nationwide introduction of a goods and services tax (GST) in 2017.




POSTED MAY 19, 2019 4:20 AM

Elon Musk: Tesla needs to cut costs or it will run out of money in 10 months

Elon Musk: Tesla needs to cut costs or it will run out of money in 10 monthsDefying skeptics, Tesla during the September quarter of 2018 actually managed to turn a profit of $312 million thanks to strong demand for the mass market Model 3. Tesla's profits for the quarter were far from staggering, but it nonetheless instilled faith that the electric automaker was on a path towards financial viability.Just a few months later, the narrative surrounding Tesla has drastically shifted. When the company last month released its earnings report for the March quarter, it posted a quarterly loss of $702 million. That said, it's worth noting that production, deliveries, and demand for Tesla vehicles have all grown at an impressive clip over the past many months. As an illustrative example, Tesla during Q1 of 2019 manufactured 77,100 vehicles, a figure which well more than double the amount it manufactured during the same quarter in 2018.Nonetheless, Tesla continues to burn through money at an alarming rate. So much so, in fact, that Tesla CEO Elon Musk recently sent an email (obtained via Electrek) wherein the Tesla CEO explained that the company -- which has approximately $2.2 billion in cash on hand -- may not have enough cash to last beyond a period of 10 months."This is a lot of money," Musk said, "but actually only gives us about 10 months at the Q1 burn rate to achieve breakeven!"Consequently, Musk explained that the company will be taking a much closer look at employee expenses as it pertains to "parts, salary, travel expenses, and rent."Musk conceded that the soon to be implemented cost-cutting measures are "hardcore," adding that it's the "only way for Tesla to become financially sustainable and succeed in our goal of helping make the world environmentally sustainable."This isn't the first time Musk has rung the alarm bells about drastically cutting costs, but it remains to be seen what the company can do within a 10-month timeframe.




POSTED MAY 20, 2019 2:06 PM

Columbine school shooting survivor found dead in home

Columbine school shooting survivor found dead in homeA Colorado man who survived the 1999 Columbine school shooting and later became an advocate for fighting addiction has died.




POSTED MAY 19, 2019 6:14 PM

The World Agrees With Trump on One Thing When It Comes to Iran

The World Agrees With Trump on One Thing When It Comes to IranGovernments worldwide are alarmed at the tension between Washington and Tehran, concerned about the risk of escalation or military miscalculation and frustrated at a lack of communication about U.S. goals. What keeps the anxiety in check from Berlin to Moscow to Ankara is President Donald Trump’s oft-stated aversion to starting fresh wars.




POSTED MAY 19, 2019 4:42 PM

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