Olipop Just Landed a $1.85-Billion Valuation After Raising $50 Million. Here’s How It Plans to Spend the Cash
Prebiotic soda brand Olipop just closed a $50-million Series C funding round valuing the company at $1.85 billion. J.P.
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
Michelin targets over €1.7B free cash flow in 2025 amid restructuring and market challenges
Compagnie Générale des Établissements Michelin (OTCPK:MGDDF) Q4 2024Management ViewFlorent Menegaux, CEO, emphasized the ...
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California’s State Insurance Gets $1 Billion Infusion as Wildfire Claims Overwhelm Providers
The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...
American Axle targets $6.05B revenue and $230M free cash flow in 2025 with Dowlais combination
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Q4 2024 Management View CEO David Dauch highlighted that Q4 2024 sales reached $1.4 billion, contributing to full-year sales of $6.1 billion.
California FAIR Plan gets $1 billion assessment to head off insolvency
It means California property owners will likely be billed from their private insurers to help compensate the FAIR Plan.
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Chocolate Finance whets Singaporeans’ appetite for higher cash yields; assets approach S$1 billion
Just roughly seven months since its roll-out in July 2024, cash assets in Chocolate Finance are already nearing the S$1 billion mark, a sure sign that de Oude has successfully tapped Singapore’s ...
Los Angeles Times3d
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
That has reduced its cash on hand to $1.2 billion, but the plan said it has other liabilities it needs to pay. The insurer also has $5.78 billion in reinsurance, which is typically acquired from ...
Shopify Q4 Earnings: 31% Revenue Surge, Free Cash Flow Growth, GMV Hits $94.5 Billion
Shopify's Q4 revenue growth beats analyst estimates, marking seventh consecutive quarter of over 25% growth. EPS also beats estimates.
California's insurer for people without private coverage needs $1 billion more for Los Angeles fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...