CNA Financial Corp. Monday posted second-quarter net income of $317 million, up 10.7% from $283 million in the year-earlier period. The property/casualty segment produced $380 million in core income, an increase of $6 million from last year’s second quarter. Gross written premiums and net written premiums in the property/casualty...

CNA reports higher profit, premiums

Estero, FL

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Akeena

Breakfast lovers in Estero, Florida, were in for a surprise when their go-to spot, First Watch, faced a temporary closure following a recent state inspection. Known for its focus on breakfast, brunch, and lunch with a flair for elevated classics, this popular eatery has garnered a stellar reputation and numerous awards over the years.

Florida breakfast eatery closed temporarily for hair-touching, unwashed hands and rodent droppings

Saint Petersburg, FL

Hey foodies and diner lovers! It looks like the beloved Metro Diner in St. Petersburg, known for its hearty portions and Guy Fieri's endorsement, has hit a bump in the road. This popular spot, famous for its pancakes, fried chicken and waffles, and mouthwatering meatloaf, has had to temporarily shut its doors due to some serious issues flagged by a recent state inspection.

Green mold, live roaches and live flying insects - Popular diner closed down in Florida

Pompano Beach, FL

In a shocking revelation, Kings Mart, a grocery store in Pompano Beach, has been slapped with a series of severe health violations by the Florida Department of Agriculture. The inspection, carried out by Francis Odio, uncovered a disturbing range of problems that have led to the immediate closure of several sections of the store.

An inspection found bugs in the food and rodent poop on the shelves at a Florida grocery store

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Rates for $1 million in directors and officers liability coverage dropped 5.2% in the second quarter, compared with the prior-year quarter, marking the ninth consecutive quarter of decreases, Aon Risk Solutions said Monday. The brokerage said its pricing index decreased to 1.09 from 1.15 in the prior-year quarter. Renewal rates...

Aon reports drop in D&O rates for ninth consecutive quarter

24/7 Wall St.

Though insider buying has slowed to a trickle in the past two weeks, two CEOs and two beneficial owners made notable purchases.
The post Insider Buying in These 2 IPOs Is Huge, Plus Financial CEOs Pick Up Shares appeared first on 24/7 Wall St..

Insider Buying in These 2 IPOs Is Huge, Plus Financial CEOs Pick Up Shares

Net asset value (NAV) loans have become an increasingly popular financing tool for private equity funds whereby a mature private equity fund borrows at the fund level (or higher) based on the net equity value of an existing, diversified portfolio. Understandably, most commentary has focused on NAV loans as financial...

A Portfolio Company Perspective of NAV Loans

Shares in the payments giant rose 4% in premarket trading after results. American consumers have remained remarkably hardy despite higher-for-longer interest rates burning a hole in their pockets. Even as rival payments firms have flagged worries of increasing pressure on the lower-income bracket, the sector logged broadly steady growth in transaction volumes this year.

PayPal lifts 2024 profit forecast for second time as spending holds up, margins improve

New York Post

Billionaire investor Warren Buffett has dumped more than $3 billion worth of shares in Bank of America over the past weeks, taking profits after a big run-up in the second-largest US lender’s stock price.

The 93-year-old Buffett, dubbed ‘the Sage of Omaha’, disposed of 18.4 million of the bank’s shares for $767 million between July 25 and 29, according to a Monday night regulatory filing.

In all, his investment conglomerate, Berkshire Hathaway, has sold 71.2 million Bank of America shares for $3.05 billion since July 17, but still retains a 12.5% stake in the Charlotte, NC-based lender.



Berkshire Hathaway remains the bank’s largest shareholder...

Warren Buffett dumps $3B worth Bank of America shares to cash in on soaring stock price

The Motley Fool

Berkshire Hathaway has dumped 52.8 million shares of Bank of America stock in the last six days.

Berkshire Hathaway Keeps Selling Its Bank of America Stock. Should Investors Be Concerned?

Delivery volumes are improving, but they are not the most profitable kind. There's a value case for buying the stock, but management needs to start meeting expectations. A slew of analyst price target cuts greeted the company's weak second-quarter earnings report. The recent second-quarter earnings results from UPS (UPS 0.37%)...

Is UPS Stock Going to $160? 1 Wall Street Analyst Thinks So.

Starbucks' quarterly earnings met expectations, but the company's revenue fell short of Wall Street's estimates. In China, same-store sales dropped 14%. The coffee reiterated its outlook after it slashed it last quarter, predicting that its sales slump would not end any time soon. Still, the results weren't as bad as...

Starbucks revenue misses estimates as same-store sales decline for second straight quarter

Tennessee State

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John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

U.S. stocks took a significant hit on Thursday, reversing early gains as investors continued to move away from high-priced megacap growth stocks. This shift comes amid the ongoing second-quarter earnings season, which has added to market volatility. All three major U.S. stock indexes ended the day with losses, with the blue-chip Dow Jones Industrial Average experiencing the steepest decline, halting its streak of consecutive record closing highs.

U.S. Stocks Plummet as Investors Rotate Away from Megacap Growth Stocks

Reuters

(Reuters) -Warren Buffett's Berkshire Hathaway sold more Bank of America shares, boosting sales to more than $3 billion this month, taking profits after a big run-up in the second-largest U.S. bank's stock price.

Buffett cuts Bank of America stake, sales top $3 billion

Rewarding shareholders with dividends is a vital part of the investment thesis for these three companies.

Coca-Cola Is a Rock-Solid Dividend Stock, but So Are These High-Yield Stocks That Are Down Between 13% and 30% Over the Last Year

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

If you are feeling hungry, here are three restaurant stocks that can dish out delicious returns for your portfolio over the long term.

3 Restaurant Stocks to Buy and Hold for Great Long-Term Potential

Minnesota State

DayTripper

The hit History Channel series "American Pickers" is gearing up for an exciting return to Minnesota this fall. The show's production team has announced plans to film episodes throughout the state in September 2024, offering locals a chance to showcase their unique collections and share their stories with a national audience.

"American Pickers" Set to Unearth Minnesota's Hidden Treasures

NewsBreak

Loews profit rises on strong premiums and investment income; names new CEO

(Reuters) - Loews (NYSE:L) said on Monday that James Tisch will hand over the CEO role to his son after 25 years at the helm. The...

Loews profit rises on strong premiums and investment income; names new CEO

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