Month: March 2025
Online estate planning firm Trust & Will raises $25 million in funding round that includes Northwestern Mutual, UBS
Trust & Will founders, Cody Barbo (CEO), Brian Lamb, and Daniel Goldstein. Courtesy: Trust & Will Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round. The San Diego-based firm, ranked No. 41 on last year’s CNBC Disruptor 50 list, has now raised $75 million to date. Trust & Will […]
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Pope Francis follows Vatican spiritual retreat as doctors say he’s no longer in imminent danger
A picture of Pope Francis, a red rose and a rosary are laid at the statue of John Paul II outside the Gemelli University Hospital where Pope Francis is hospitalized with pneumonia, in Rome on March 04, 2025. Alberto Pizzoli | Afp | Getty Images Pope Francis participated remotely in the Vatican’s spiritual retreat Tuesday […]
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Nissan CEO Makoto Uchida to step down on April 1, planning officer Espinosa named successor
Nissan Motor CEO Makoto Uchida attends a press conference on February 13, 2025, in Yokohama, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Nissan CEO Makoto Uchida will step down from his position on April 1, the company said in a release Tuesday. He will be replaced by current Chief Planning Officer Ivan Espinosa. […]
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Airline CEOs warn domestic travel demand is slowing
A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference, […]
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Southwest Airlines will charge to check bags for the first time, launch basic economy tickets
Baggage handlers load luggage onto a Southwest Airlines Boeing 737 at Austin-Bergstrom International Airport on August 24, 2024 in Austin, Texas. Kevin Carter | Getty Images News | Getty Images It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the low-cost pioneer is […]
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India’s IndusInd Bank shares plunge 27%, major shareholder urges calm
Ashok Hinduja, chairman of IndusInd International Holdings. Chandan Khanna | AFP | Getty Images The chairman of IndusInd Bank’s founding company sought to reassure investors after shares plunged over 27% on Tuesday. Ashok Hinduja, chairman of IndusInd International Holdings (IIHL), told CNBC-TV18 that the sharp fall in the bank’s share price hadn’t triggered a margin […]
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Ad spending on women’s sports more than doubled last year
The New York Liberty celebrate after winning the 2024 WNBA Finals at Barclays Center. Wendell Cruz | Usa Today Sports Via Reuters Con Women’s sports enjoyed a marquee year across the board in 2024, but especially in television advertising, according to TV marketing firm EDO. In a report released Tuesday, EDO found that TV advertisers […]
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U.S. and Ukrainian officials meet for first time since Oval Office spat, but Zelenskyy stays away
U.S. Secretary of State Marco Rubio speaks with the media on his military airplane as he flies to Jeddah, Saudi Arabia, March 10, 2025. Saul Loeb | Afp | Getty Images U.S. and Ukrainian officials are convening in Saudi Arabia on Tuesday, marking the first time the two parties will meet since the spectacular Oval […]
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European markets open lower; Novo Nordisk, Novartis retreat
European markets opened lower on Tuesday as global markets buckle amid anxiety that the U.S. economy will suffer because of President Donald Trump’s trade tariff policies. The pan-European Stoxx 600 index was around 0.2% lower shortly after the opening bell, with the U.K.’s FTSE 100 down 0.2%, while France’s CAC 40 was up 0.3%, and […]
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Dalai Lama says his successor to be born outside China
Tibetan spiritual leader the 14th Dalai Lama arrives at Teterboro Airport as Tibetans and well-wishers wait for him in New Jersey, United States on June 23, 2024. Lokman Vural Elibol | Anadolu | Getty Images The Dalai Lama’s successor will be born outside China, the spiritual leader of Tibetan Buddhism says in a new book, […]
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