Sectors News Results

  • Tax Increase for Corporations Looks More Likely as Election Nears

    WASHINGTON-- On paper, the 21% U.S. corporate tax rate was a permanent cornerstone of the 2017 tax law, a boon to business without the expiration date attached to other provisions. In reality, that low rate is only as solid as Republicans' ability to wield power in Washington. That Republican bulwark could vanish next month, taking the corporate rate cut with it and upending the planning companies had done around the 21% rate.

  • Captive Insurance Seen as Covid-Era Remedy to Rising Premiums

    Rising insurance premiums are costing businesses millions of dollars they can ill afford as they navigate the coronavirus pandemic. Many companies are responding by trying to manage risks on their own. A surge in demand for so-called captive insurance and the increasing amount of capital being devoted to mitigating risks have caught many in the industry by surprise, including brokers who sell the idea of setting up a captive insurer.

  • Neither Cigna nor Anthem Win Damages After Failed Deal -- WSJ

    This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal. Cigna Corp. (CI) and Anthem Inc. (ANTM) won't have to pay damages to one another over their failed $48 billion merger deal, a Delaware judge decided Monday, potentially resolving a bitter, yearslong legal battle that had the two insurance giants trading accusations of skulduggery. In dueling lawsuits, each of the health-insurance...

  • Anthem-Cigna Fight Over Failed Merger Ends in a Draw -- 2nd Update

    Cigna Corp. (CI) and Anthem Inc. (ANTM) won't have to pay damages to one another over their failed $48 billion merger deal, a Delaware judge decided Monday, potentially resolving a bitter, yearslong legal battle that had the two insurance giants trading accusations of skulduggery. In dueling lawsuits, each of the health-insurance giants sought billions of dollars in damages from the other. Both companies argued that its erstwhile partner had sabotaged their proposed combination, which...

  • Anthem-Cigna Fight Over Failed Merger Ends in a Draw -- Update

    Cigna Corp. (CI) and Anthem Inc. (ANTM) won't have to pay damages to one another over their failed $48 billion merger deal, a Delaware judge decided Monday, potentially resolving a bitter, yearslong legal battle that had the two insurance giants trading accusations of skulduggery. In dueling lawsuits, each of the health-insurance giants sought billions of dollars in damages from the other. Both companies argued that its erstwhile partner had sabotaged their proposed combination, which...

  • Anthem-Cigna Fight Over Failed Merger Ends in a Draw

    Cigna Corp. (CI) and Anthem Inc. (ANTM) won't have to pay damages to one another over their failed $48 billion merger deal, a Delaware judge decided Monday, potentially resolving a bitter, yearslong legal battle that had the two insurance giants trading accusations of skullduggery. In dueling lawsuits, each of the health-insurance giants sought billions of dollars in damages from the other. Both companies argued that its erstwhile partner had sabotaged their proposed combination, which...

  • U.K. Sanctions Guidance Adds to Warnings for Maritime Sector

    A U.K. enforcement agency is urging the maritime industry to be on the lookout for illicit practices that could be used to evade sanctions, the latest regulator to warn about compliance risks facing the industry. Guidance by the U.K.' s Office of Financial Sanctions Implementation, which is part of the country's Treasury department, indicates companies are susceptible to suspicious shipping practices such as the intentional disabling of vessel-tracking systems to conduct...

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News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.