Author: News Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US has temporarily barred American carriers from flying to Haiti after gangs shot at three planes amid an escalating security crisis in the Caribbean nation.The Federal Aviation Administration announced on Tuesday that it would prohibit flights for 30 days, a day after three aircraft — operated by Spirit, JetBlue and American Airlines — were struck by gunfire during violence that broke out as a new interim prime minister was sworn in.The Spirit flight, which had set off from Fort Lauderdale, was…

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Ingram Micro Holding Corporation (NYSE:INGM) Q3 2024 Results Conference Call November 12, 2024 5:00 PM ET Company Participants Willa McManmon – Head of IRPaul Bay – CEOMichael Zilis – CFO Conference Call Participants Samik Chatterjee – JPMorganMaggie Nolan – William BlairMark Cash – Raymond JamesChan Park – StifelAnanda Baruah – Loop Capital Markets Operator Good afternoon. Thank you for joining Ingram Micro’s Third Quarter 2024 Earnings Call. I’ll now turn the call over to Willa McManmon, Head of Investor Relations. Willa McManmon Thank you, operator. I’m here today with Paul Bay, Ingram Micro’s CEO; and Michael Zilis, our CFO. Before…

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On November 8, the Centers for Medicare and Medicaid Services announced the Medicare premiums and costs for 2025. Let’s take a quick look at what you need to know. Part B Premium and Deductible The 2025 premium for Part B, medical insurance, will be $185, an increase of $10.30 (5.9%). CMS attributes the increase to “projected price changes and assumed utilization increases that are consistent with historical experience.” Many retirees have been concerned about the Part B premium because the Social Security cost-of-living adjustment, known as COLA, for 2025 is just 2.5%. But the Part B premium is increasing by…

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Herbert Smith Freehills is to combine with US-based Kramer Levin to form one of the top 20 global law firms by headcount, in a further sign of consolidation among mid-sized firms on either side of the Atlantic.The new firm, which is to be known as Herbert Smith Freehills Kramer, abbreviated as HSF Kramer in the US, and will have over 2,700 lawyers across 25 offices in America, the UK, Europe and Asia.The move by HSF comes amid a wave of mergers in the legal sector, most notably UK “magic circle” firm Allen & Overy’s decision last year to join forces…

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Luminar Technologies, Inc. (NASDAQ:LAZR) Q3 2024 Earnings Call Transcript November 11, 2024 5:00 PM ET Company Participants Yarden Amsalem – Senior Manager of IRAustin Russell – Founder and CEOTom Fennimore – CFO Conference Call Participants Winnie Dong – Deutsche BankJohn Babcock – Bank of AmericaJash Patwa – JPMorganMark Delaney – Goldman SachsKevin Cassidy – RosenblattTristan Gerra – Baird Operator My name is Yarden Amsalem, and I’m Luminar’s Senior Manager of Investor Relations, covering for Aileen Smith while she is on maternity leave. With me today are Austin Russell, Luminar’s Founder and Chief Executive Officer; and Tom Fennimore, our Chief Financial…

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President Trump’s Victory Means Estate Planning Changes, Not That it Should Be Ignored With President Trump’s victory, and Republican control of the Senate and it appears likely the House too, it is unlikely that harsher estate taxes will be imposed on the wealthy in the next four years. Does that mean everyone can forget estate tax planning? That would not be prudent. But estate planning is now different from what it was only a few short weeks ago. The mantra of many estate planners has been “use your exemption before it is reduced in 2026.” That won’t cut the planning…

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Haiti’s transitional council has removed the country’s interim prime minister, Garry Conille, amid an escalating gang war that a Kenya-led international police force has failed to quell.Conille, a former UN development official installed in May, will be replaced with Alix Didier Fils-Aimé, a local businessman who once ran for the senate.The announcement, made via a decree signed by eight of the nine transition council members, was published in the national gazette on Sunday evening. Conille’s ouster represents a blow for the country’s chances at achieving political stability as a gang-driven wave of violence and kidnapping continues to upend the lives…

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Companhia Brasileira De Distribuicao. (OTCPK:CBDBY) Q3 2024 Earnings Conference Call November 6, 2024 7:00 AM ET Company Participants Marcelo Pimentel – CEORafael Russowsky – CFO & IR Officer Conference Call Participants Ruben Couto – Santander Investment SecuritiesRodrigo Gastim – ItauAndrew Ruben – Morgan StanleyFelipe Rached – Goldman SachsFelipe Reboredo – CitiLucca Biasi – UBS Investment BankNicolas Larrain – JPMorganGustavo Senday – XPIago Souza – Genial Investimentos Operator Good morning, and thank you for standing by. Welcome to the conference call to announce the Results of the Third Quarter of 2024 of GPA. Those who need simultaneous interpretation, we have this…

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The annual Open Enrollment Period ends December 7, just 30 days from now. Traditionally, fewer than 30% of drug plan enrollees pay attention to how their coverage will change in the new year. They’re happy with the plan and it’s just too much hassle. However, this year is not just any ordinary year. The Inflation Reduction Act is changing so many things. It’s as though Part D coverage has been put into a blender and we have to figure out the new concoctions. 10 Important Points about 2024 Open Enrollment For the last month, I have been very busy, reviewing…

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Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldDonald Trump has ruled out naming Mike Pompeo, the former secretary of state, to his second administration, as he moves to build out his cabinet after winning the US presidential election against Kamala Harris this week. Trump announced that he would not be including Pompeo in the government in a post on Truth Social on Saturday. He also said that Nikki Haley, the former US ambassador to the UN who challenged him for the White House, would not be joining.…

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