As Spring Thaw Arrives in DC, COVID Aid Remains Frozen in Congress

COVID aid American Rescue Plan Coronavirus, stimulus check, Californians,

As the snow clouds that have shrouded much of the United States for the past month make way for warm bouts of sunshine, it’s important to take stock of what’s still frozen solid over on Capitol Hill: Q4 2020 hedge fund letters, conferences and more COVID-19 Relief A fair minimum wage The confirmation proceedings of […]

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Arbol hires Guo from GC Securities as Chief Insurance Officer

Arbol, the provider of marketplace technology supporting parametric risk transfer and weather insurance, utilising smart contracts, has made a key hire, bringing onboard Hong Guo from GC Securities as its Chief Insurance Officer. Hong Guo joins Arbol as Executive Vice President and Chief Insurance Officer and will lead all insurance related strategy and operations for…

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Black Amazon Web Services manager sues for discrimination

Amazon discrimination

A senior manager at Amazon Web Services has sued the company, alleging racial and gender discrimination and sexual harassment. Charlotte Newman filed the lawsuit on Monday in Washington, D.C. She claims the discrimination has been happening at Amazon for years. Q4 2020 hedge fund letters, conferences and more Amazon sued for discrimination Newman, who is […]

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Glitch Employees Secure First-Ever Collective Bargaining Agreement for Software Workers

Collective Bargaining Agreement communicate Maintain Company Culture motivation work WFH stocks White Working Class

Employees at Glitch announced on Tuesday that they had signed a collective bargaining agreement with the company, the first ever such agreement secured by software workers in the United States. The newly-signed contract will cover a range of working conditions at Glitch—including a grievance and arbitration procedure, just cause for disciplinary actions, severance pay, and […]

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Tesla: Navigating The Risk Cluster

Tesla risk cluster

Part of Jim Greco’s meme tweet mocking haters of Cathie Wood, portfolio manager of the Ark Innovation ETF (ARKK). The Tesla-Bitcoin-Ark Risk Cluster On Monday, ZeroHedge posted Saxo Bank equity strategist Peter Garnry’s note on the “Tesla-Bitcoin-Ark risk cluster. Garnry warned downside risk posted by the increasing correlation of Bitcoin and Tesla (TSLA), combined with […]

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Will Congress approve a fourth round of coronavirus stimulus checks?

fourth, coronavirus, stimulus checks

The House of Representatives has already passed a $1.9 trillion relief package. Now the bill is awaiting approval in the Senate. Democrats aim to get the president’s approval on the relief package by Mar. 14. If things go according to plan, all eligible people will likely get their checks by mid-April, but what will happen […]

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HSCM & Cornell seek growth for insurtech Vault now acquisition complete

Hudson Structured Capital Management Ltd., investing in insurance and reinsurance as HSCM Bermuda, and private investment firm Cornell Capital LLC, are seeking growth for Vault, their just acquired specialist tech-focused provider of personal insurance to high-net-worth clients. Hudson Structured, the insurance-linked securities (ILS), reinsurance and transportation investment firm, was an early investor in Vault, taking…

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Universal targets first cat bond with $100m Cosaint Re from Singapore

Universal Insurance Holdings, the Florida headquartered, nationally expansive U.S. primary insurance carrier, has entered the catastrophe bond market for the first time with a $100 million Cosaint Re Pte. Ltd. (Series 2021-1) transaction that is being issued out of Singapore. Universal has always been a significant user of the capital markets and insurance-linked securities (ILS)…

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