Mortgage Blog
AIG spinoff Corebridge Financial misses revenue expectations by more than 20% in Q3 2023
Houston-based Corebridge Financial Inc. (NYSE: CRBG) missed revenue expectations for the third quarter, though earnings per share were in line with analysts’ expectations. Click through to the story for more details on the insurance company's Q3 results and its split from AIG.
Missouri treasurer refuses Morningstar data request, accusing company of anti-Israel bias
Missouri State Treasurer Vivek Malek is refusing to turn over information about a state-sponsored education savings plan to an investment company he accuses of having questionable ties to China and an anti-Israel bias.
Malek expressed his concerns about Morningstar in a letter to the company refusing its request for information about MOST 529, the Missouri-sponsored savings plan that allows customers to invest in education, apprenticeships and retirement.
Morningstar is a financial services company…
Impact on Phoenix Charles Schwab employees unclear as company lays off 5% of workforce
Charles Schwab employees across the country, including in Arizona, have been impacted by the company's recent layoffs.
Silver Spring’s United Therapeutics betting big on organ manufacturing despite death of pig heart recipient
The company's CEO calls it “a long-term plan to address one of the largest critical unmet medical needs.”
Wake Forest University School of Medicine launches $100 million campaign to fund research
On average, scientists spend 50% of their time writing grant proposals, said Dr. Anthony Atala, renowned researcher and director of the Wake Forest Institute for Regenerative Medicine. So, the Wake Forest University School of Medicine has launched a $100 million campaign to help free up that time for making discoveries. Here's the details on the ENVISION campaign, including what initiatives it will fund and how much it has raised in its private phase.
Former Reata Pharmaceuticals CFO steps into new role with California biotech company
Biogen completed its $7.2 billion purchase of Plano-based pharmaceuticals company Reata Pharmaceutical in late September.
Operating losses hit 5 urban hospitals in southeast Wisconsin
Three Ascension Wisconsin urban hospitals in Milwaukee and one in Racine — as well as Aurora Sinai Medical Center in Milwaukee — posted operating losses in 2022 with their owners citing high levels of patients covered by Medicaid hampering revenue while cost inflation boosted expenses.
First Look: AHN Cancer Institute’s new skin cancer center
It will have one of only 15 whole-body scanners of this type in the United States.
Progressive Corp. may have turned corner on a ‘difficult’ time, CEO says
Progressive Corp. may have turned the corner on the “difficult place” the company's s auto and home insurance businesses were in during the first half of the year, CEO Tricia Griffith said.
Change in CEO signals new generation of leadership for Overland Park financial planner
Eric Clark will take over as CEO of BCWM in January, succeeding co-founder Richard Boyer, who will sell off most of his ownership stake but remain as chief investment officer.